Professional networking site LinkedIn is to reduce its headcount by around 960 due to difficulties posed by the pandemic.
The social media site, which is owned by Microsoft, said it was “not immune” to the effects of Covid-19 and that demand for its business continued to be impacted as fewer companies need to hire at the same volume.
The California-based firm offers a range of employment services but is largely known for being the modern-day version of an online CV.
In a note to employees, LinkedIn chief executive Ryan Roslansky outlined the range of cuts being made across the business.
“After weeks of discussion and deliberation, the executive team and I have made the extremely difficult decision to reduce approximately 960 roles, or about six per cent of our employee base, across our global sales