LinkedIn, the social media network owned by Microsoft that focuses on business professionals, said it would cut 716 jobs as demand wavers, while also shutting down its China-focused job application
A keyboard is placed in front of a displayed LinkedIn logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustrationthat focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down its China-focused job application.
LinkedIn makes money through ad sales and also by charging for subscriptions to recruiting and sales professionals who use the network to find prospects. A LinkedIn spokesperson said the vendors were "external partners" who would take on new and existing work.
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