Friday, 24 March, 2023

LinkedIn cuts 960 jobs, puts brake on corporate hiring

<p>While the COVID-19 pandemic has increased the demand for job search on LinkedIn, the firm itself has planned to cut 960 jobs. A meeting invite will be sent to employees if they are included in the layoffs. Employees can keep the firm&rsquo;s equipment during WFH while making a career transition. Affected employees will get 10 weeks severance pay; can keep health insurance for a year. In future, the firm will also hire for newly-created roles from laid-off staff.</p>