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Now Linkedin Announces Retrenchment, 716 People Will Be Fired

There will also be a big layoff in the social media network Linkedin. Microsoft’s LinkedIn said on Monday it would lay off 716 employees. The company has decided to lay off 716 employees from the sales department, operations and support team.

Linkedin will also lay off local jobs apps in China. The company’s Chief Executive Ryan Roslensky has written a letter in this regard, saying that this decision had been taken to improve the company’s operations.

In the last 6 months, tech companies Amazon, LinkedIn’s parent company Microsoft, Google, and Alphabet have decided to exclude many people. Thousands of people have lost their jobs in all the companies.

In his letter, Rolensky said that due to a fluctuating market and customer demands, we are expanding the scope of vendor utilization to meet the company’s needs. He said this change would create 250 new jobs, affecting many employees.

Shubham is responsible for managing News Waker's social media accounts. He creates and schedules content, responds to followers, and analyzes social media metrics to improve engagement.

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