LinkedIn, Go-To for Job Search, Lays Off
In Q2 this year LinkedIn's revenues rose 12%. Despite that, that platform for job search is laying off 5%. A poster on Reddit claims it's more:
"My brother works at LI, and things look really bad
internally. The 5% figure is not accurate; the actual number is much higher."
A higher number could happen through performance-based terminations. They are not classified as "layoffs" but a cause-related firing. The cause may or may not be perceived by onlookers as justified.
The terminations include roles in Microsoft's owned Global Business Organization, engineering, product teams and marketing. About the latter: Marketing has been getting hit hard across myriad sectors, including the practice of law. Once glam and prestigious, it's now targeted. Creative thinking is in demand. But less so those in actual creative professions.
In addition, LinkedIn is cutting back on investment in parts of its business. Among them are use of vendors, customer events, office space, and, yes, marketing campaigns per se.
I explain those I coach: It's a perfect storm.
The disruption in the job market is not only being generated by AI. Simultaneously cost-efficiency is being mandated and offshoring of tasks or whole departments is more common. There might be "cool" businesses like LinkedIn to work for. But that's very separate from employment security. More clients are opting to start their own piece of action. That provides more leverage for getting through shifts in the economy and politics.
Earning a Good Living in 2026 Involves Mental Combat. The
enemy is usually your own thinking.
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