LinkedIn has also been included in the firing frenzy that has been going on for months in the technology world. While the company announced that it will fire over 700 employees, it also announced that it will close its application InCareer in China.
A new name has been included in the mass layoff trend that has been going on in technology companies in recent months. LinkedIn, the world’s most popular business network, in total 716 employees announced that he would be fired.
The decision taken within the scope of the strategy change was announced in an e-mail signed by the company’s CEO Ryan Roslanky. The CEO stated that InCareer, the standalone version of the platform in China, will also be closed.
Employees are laid off due to reasons such as slowdown in income growth.
LinkedIn, which operates under Microsoft and has 20 thousand employees, is among the reasons for the decision. slowdown in revenue growth He said there were things like that. The layoffs will also include sales, operations and support teams. All of this put LinkedIn among companies that fired their employees.
Layoffs.fyi data worldwide in the last six months more than 270 thousand It showed that the tech worker had been fired.
Roslansky noted that the changes made in his e-mail were in some other sections. 250 new jobs He also stated that he will create It was stated that the purchases here will be made on May 15.
InCareer, the Chinese version of LinkedIn, will be shut down due to competition
On the other hand, InCareer in China, tough competition and economic conditions. It was also added that it will be closed due to InCareer, a job networking platform just like LinkedIn, was introduced in 2021 and replaced LinkedIn in China. However, in the past period, applications such as Maimai with 120 million users, which serve similar purposes in the country, lagged behind.
The company is InCareer’s by August 9 It intends to phase it out gradually. However, he adds that he will continue to operate in areas such as marketing in China.
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