LinkedIn is laying off nearly 700 employees
(www.npr.org)
from narwhal@lemmy.ml to technology@lemmy.ml on 17 Oct 2023 01:09
https://lemmy.ml/post/6593361
from narwhal@lemmy.ml to technology@lemmy.ml on 17 Oct 2023 01:09
https://lemmy.ml/post/6593361
threaded - newest
This is the best summary I could come up with:
The Microsoft-owned social media platform LinkedIn is laying off nearly 700 employees, it said in a statement Monday.
About 668 positions across the company’s engineering, product, talent and finance departments will be eliminated.
“We are committed to providing our full support to all impacted employees during this transition and ensuring that they are treated with care and respect,” LinkedIn said.
Website membership also grew for the past eight quarters to more than 950 million accounts.
Microsoft CEO Satya Nadella said at the time the company is “seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one.”
There have been mass layoffs across the tech industry, including at Amazon, Google and Meta.
The original article contains 217 words, the summary contains 126 words. Saved 42%. I’m a bot and I’m open source!
Could they just shut the whole horrid thing down instead? Facebook for business is kind of…double gross. People say some really off-putting things on there.
I absolutely hate the platform. It sucks it’s even a requirement to get a job in any tech job (at least where I’m from, I heard it spread to other fields in other countries i.e hire a gardener on linkedin). The fake positivity and support for corporate overlords is just difficult to swallow.
The cringe land. That place was cringe it made me sick. “The fake positivity and support for corporate overlords is just difficult to swallow.” Is the perfect way to describe that shit. I always got second hand embarrassment reading that cringe shit. God damn. I got rid of it a long time ago. Recruiters are the absolute filth of the earth. They made me hate that site even more.
It’s really useful when you’re looking for a job though. They have better job searches than everyone else. Though I wish they would get some better salary data.
Agreed. I found my current gig on LinkedIn and got like an 80% raise a few years ago. I stay off it unless I need to go job hunting, and I have no complaints, but I treat it just like facebook and ignore the feed/random bullshit pushed to me.
Yeah, I feel like if you don't engage with the "social" aspects of it and just treat it as an easily-shareable resume platform, it works exceedingly well.
Though, getting to see an insight into the people you may potentially work with is also a nice touch, in some instances. You can get a good feel for the type of environment those people would like to foster in their workplaces, and make an informed decision about whether or not you'd feel comfortable working for them.
I lost all respect for an attorney I worked with when I saw that his LinkedIn was just covered with DeSantis/Abbott praise during COVID. The firm I was with did estate planning. We were so swamped in estate planning and probate (meaning a client had died) we had to bring on multiple new people to handle the caseload.
And this motherfucker was totally onboard with anti-mask garbage.
So I guess LinkedIn KIND OF works in that it tells you who the idiots are.
I don’t mean to be too cynical, but it sounds like anti maskers were good for his business
He didn't have to deal with it. The firm I worked for was quite large and covered various specializations. I was a paralegal in estate planning. He was in... corporate contracts? Something like that. Even if he was the EP attorney he wouldn't have to make the calls I did. You ever have to tell a 90 year old woman that her husband died without a will because your firm is incompetent? I have, among many more great hits of COVID. Yay trauma dumping!
I worked at an insurance company through covid, so literally yes. It’s not fun and I try not to think about it too long. I was luckily able to quit after about a year and a half, I hope you get out soon.
Yay! More bearers of shit and misery news! There are dozens of us! Actually, probably way more given the size of the industries...
I got out a while back. Inherited a bit of money, took some time off. Unfortunately getting back in is proving impossible, so joy all around I guess.
I see that as a win. You saved yourself the heartbreak of learning about your attorney's rancid viewpoints much later into your relationship with him.
I've had similar experiences. I've gotten to see how terrible some of the recruiters/managers I've dealt with actually are, and was able to dodge any long-lasting engagement with them.
I find it to be a remarkably effective platform for marketing my open source projects
I had to tell a job lead (not via linkdin) that I don’t frequent the site and please contact me directly. They did, it was like we never needed it. I freelanced most of my work and I never got a gig from a job website/social media platform.
Someone I know online had a coworker that offered to fluff up my resume. First thing she asked "What's your LinkedIn?" I don't have one and don't intend to have one. "Well there's nothing I can really do if you don't have a LinkedIn. Nobody will hire you without one."
I'll work for Nobody in that case. Probably a better employer than one that is so lazy they can't even hire without a bullshit website telling them exactly what's already on my resume.
Err maybe I’m just not seeing it… but nearly 700 out of how many? It makes a big difference if it was 700/1000 vs. 700/10,000.
19,000^(^^direct^^)^
How the fuck does that company have 19000 global employees. Even if they had a presence in every country, thats like 100 employees each.
Likely the majority of their staff is sales, marketing, account managers and management.
Tremendous of you, friend! Much more informative article in general, actually-- Also good to know that the layoffs are related to winding down operations in China.
It’s LinkedIn, I find it hard to believe they even need 700 plus employees.
A lot of these large over employed places don’t hire for the extra Labor. They hire because it’s a way to prevent competition. Why would an employee leave to join a competitor or create a competing start up company if he’s being paid well to do next to nothing?
The only problem is that’s only financially viable when interest rates are low and investors are willing to give out cash like it’s candy.
So what’s the updated tally for total MSFT layoffs so far?