LinkedIn is cutting about 960 jobs — roughly 6% of its global workforce — as the coronavirus pandemic takes a toll on the job market.
as worldwide work-from-home requirements create more demand for their products. But LinkedIn's business model revolves around helping people search for jobs, connect with other professionals and build their resumes — all features that have lost value as companies cut workers and freeze hiring.after previously holding a senior vice president role, said that laid off staff would be offered a minimum of 10 weeks of severance pay. US employees will receive health insurance for the next year.
"This is painful to go through as an organization, but a company with a vision as bold as ours will have to make difficult decisions," Roslansky said.
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