LinkedIn Cuts Nearly 1,000 Jobs Worldwide Due To Pandemic

LinkedIn CEO Ryan Rose Lensky announced that due to the pandemic, 960 jobs will be cut, affecting 6% of its global workforce. The pandemic has reduced the demand for hiring, impacting LinkedIn's talent solutions business. The job market has been hit hard, with over 51 million Americans filing for unemployment. LinkedIn plans to offer severance, healthcare, and career transition assistance to affected employees, and will help them explore new roles within the company.

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