LinkedIn to Cut About 6% of Staff

LinkedIn will cut about 960 jobs, or around 6% of its workforce, as the Microsoft Corp. MSFT 0.61% -owned professional networking site grapples with falling demand for its recruitment services due to the Covid-19 pandemic. LinkedIn Chief Executive Ryan Roslansky said the job cuts will be made across the company’s global sales and talent acquisition teams. The coronavirus has had a sustained impact on demand for hiring, he said in a message posted on the company’s website.