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LinkedIn to cut 960 jobs worldwide

bbc.com

111–120 of 312 posts

Re: LinkedIn to cut 960 jobs worldwide

#111
post #37

What the heck do close to 10k people do at LinkedIn? Serious question. Why does this site/company require 10k people?

Nothing, it’s bloat. People will twist themselves into a pretzel performing mental gymnastics to tell you otherwise, but it’s bloat, plain and simple.

Re: LinkedIn to cut 960 jobs worldwide

#112
post #86
post #65

Earlier quoted context omitted.

> a So, almost literally decimate in the classical sense? https://en.wikipedia.org/wiki/Decimation_(Roman_army)

Apparently "decimate" is having a moment on HackerNews lately. It came up over the weekend as well [1], with the same disagreement between people on what it actually means. [1] https://news.ycombinator.com/item?id=23878605

There shouldn't be a debate at all since both sides are technically correct. Here's the definition from Google:

> dec·i·mate /ˈdesəˌmāt/ verb 1. kill, destroy, or remove a large percentage or part of. "the project would decimate the fragile wetland wilderness" 2. HISTORICAL kill one in every ten of (a group of soldiers or others) as a punishment for the whole group.

There are many words and phrases that have changed in meaning over time through popular (mis)use.

Re: LinkedIn to cut 960 jobs worldwide

#113

Companies commonly use layoffs as an easy way to get rid of under-performing staff, realize cost savings from previous investments (e.g., automation) ahead of schedule, or efficiently reorganize divisions whose execs fall out of favor. Not going to say this is good, but a However callous it is, roles on the margin get cut when prospects for growth dim.

In this case, they make a disproportionate amount of their revenue on jobs postings and selling recruiters the right to spam us. With less jobs their revenue goes away. They don’t need as many salespeople and internal recruiters.

Microsoft has historically been pretty ruthless about annual culls. It used to be in the GE mode of cutting the bottom 5-10% each year. More recently it’s more quiet.

I don’t begrudge companies this. They need to move resources where they’re most needed.

Re: LinkedIn to cut 960 jobs worldwide

#114

Earlier quoted context omitted.

How is this related to this news? Yes, I know both are owned by MSFT, but I'll need more info.

Linkedin wasn't on Azure until MS bought them. Now the TCO has gone up. GitHub has also shown signs of the Azure infrastructure.

Considering they last posted about moving to Azure in 2019, I doubt they've moved everything to azure in <12 months.

Re: LinkedIn to cut 960 jobs worldwide

#115
I'm sorry to hear about people losing their jobs. It sucks, especially now when there is so much uncertainty.

LinkedIn makes a lot of money through recruitment ads - five years ago it was at least $300/month for professional positions in hot markets. If companies stop posting ads or switch to cheaper alternatives (some companies still use Craigslist) the impact will be significant for LinkedIn and its employees.

Re: LinkedIn to cut 960 jobs worldwide

#116
post #79
post #65

Earlier quoted context omitted.

> a So, almost literally decimate in the classical sense? https://en.wikipedia.org/wiki/Decimation_(Roman_army)

Decimate in the classical sense would be to reduce by 90%, not 10%.

Reducing a military force by 90% might not exactly improve its effectiveness...

Re: LinkedIn to cut 960 jobs worldwide

#117
post #84

Earlier quoted context omitted.

Thank you. I'm so tired of reading the same "I could build this unicorn over the weekend with a few AWS credits and a healthy stream of whiskey." On every damn layoff thread.

The fact that a significant portion gets swiftly laid off with seemingly no consequence suggests these complexity concerns are overstated.

> seemingly no consequence

This is the same fallacious statement in reverse. You couldn't build LinkedIn in a weekend because they do a lot of things you don't see. Also, when they fire a bunch of people, it will affect a lot of things you also don't see.

Could someone compare today's and yesterday's Wayback Machine results for your company's website and demonstrate the value everyone at your company generated today?

Re: LinkedIn to cut 960 jobs worldwide

#118
post #37

What the heck do close to 10k people do at LinkedIn? Serious question. Why does this site/company require 10k people?

To expand on https://danluu.com/sounds-easy/ , 10k people aren't required per se, they're there to make more money than they cost. Specifically: - sales & billing for linkedin premium, lynda, and other paid products - billing fraud detection, to cut the cost of chargebacks - security, to prevent that one leak from happening again, to keep PCI compliance, etc. - spam filtering, tuned to balance keeping paying customer…

> they're there to make more money than they cost.

This is the key most people ignore. If each employee generates revenue greater than their cost of employment, why not keep them around?

The goal isn't keeping the lights on, its making money.

Re: LinkedIn to cut 960 jobs worldwide

#119

Earlier quoted context omitted.

I've interviewed for roles at several top tech companies and what surprised me was that there were entire teams dedicated to working on what seemed like a tiny feature or functionality. In some cases, two entire teams - one for frontend, one for backend. Granted, I understand there is a HUGE mind boggling level of scale involved. But still, after going on such interviews, and talking with friends who work at FAANG, e…

A lot of small features are needlessly complicated at a FAANG because they reinvent the wheel.

I don't think that's limited to FAANG. My company needlessly reinvents the wheel, but I get the impression the reinvented wheel is more competently reinvented at FAANG than at my bank.

Re: LinkedIn to cut 960 jobs worldwide

#120

Companies commonly use layoffs as an easy way to get rid of under-performing staff, realize cost savings from previous investments (e.g., automation) ahead of schedule, or efficiently reorganize divisions whose execs fall out of favor. Not going to say this is good, but a However callous it is, roles on the margin get cut when prospects for growth dim.

Yeah doesn’t Amazon lay off 10% of devs every year as part of their stack ranking?

That was Microsoft for the longest time and it destroyed their work culture.
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