san francisco Microsoft’s LinkedIn social media network plans to cut around 716 jobs. “As the market and customer demand become more volatile, and as we seek to serve emerging and growing markets more effectively, we are expanding our use of service providers,” LinkedIn CEO Ryan Roslansky wrote in a letter to employees Monday.
“We are also eliminating shifts, reducing management roles and expanding responsibilities in order to be able to make decisions more quickly.” The areas of sales, operations and support are affected. In return, the streamlining of the company will create 250 new jobs.
A spokesman for the network, which is primarily intended for professionals, said that employees affected by the cuts can apply for these positions. At the same time, the job exchange InCareers in China will be closed by August 9 due to “strong competition and the difficult macroeconomic environment”.
More: This is how Google and Microsoft attack each other