LinkedIn announced a 5% cut to its workforce on Wednesday, May 13.
About 875 employees as part of a broader cost-cutting and reorganization effort, according to an internal memo seen by Insider business information and confirmed by Reuters.
According to the statement issued by CEO Daniel Shapero, the company will make layoffs in the global business organization, marketing, engineering and product management.
Affected individuals will receive a meeting notification immediately following the memo.
In addition to laying off some people, Microsoft’s professional networking site will reduce its spending on marketing efforts, supplier expenses, customer events and underutilized office space.
The company will also close its office in Graz, Austria.
The status of employees in Asia and the Pacific will be confirmed on Thursday, May 14.
Shapero wrote: “Economic opportunity is one of the social issues of our time. We need to reinvent the way we work, with agile teams focused on our top priorities.”
As reported by Insider business informationconfirmed a LinkedIn spokesperson: “As part of our regular business planning, we have implemented organizational changes to better position ourselves for future success.”
It has been clarified that the layoffs have no connection to artificial intelligence replacing jobs, despite widespread industry concerns about AI-driven disruption.
So far, 103,000 tech jobs have been eliminated in 2026, approaching the total of 124,000 for all of 2025.
