Business and employment platform LinkedIn announced on Monday that it would lay off 668 employees across its engineering, talent and finance teams. This is the second round of layoffs for the company this year.
The job cuts will affect about three per cent of the 20,000-strong staff of the company.
The job cuts by the company adds to thousands of job cuts announced by various companies in the tech sector this year.
Linked had laid off 716 employees in May in what the company had then termed as an attempt to “re-organize for greater agility and growth.” This time around, the job cuts are about “streamlining our decision making,” the company said in a statement.
