So maybe this means I'll be getting less spam from LinkedIn? Unfortunately it will probably mean the opposite.
LinkedIn to cut 960 jobs worldwide
21–30 of 312 posts
Re: LinkedIn to cut 960 jobs worldwide
#22Earlier quoted context omitted.
Most of it is sales.
selling... what? or LinkedIn has become corporate IG and people receive money for all this "this is how I succeeded" and "I overcame my weaknesses" unsolicited content.
Selling the premium subscriptions for recruiters I assume. But I agree that the platform is becoming a typical social-media cesspool which is a shame because it could be really great if they toned down the "social media" aspect of it and focused more on recruitment, better job ads (most of it is garbage) and essentially be a corporate rolodex (right now it's a pain to use because all of the noise, and the UI is terrible and slow).
Re: LinkedIn to cut 960 jobs worldwide
#23Earlier quoted context omitted.
I don't think you stay in business long paying folks that ... you don't want / need working for you anymore.
Yeah. But the economies are going to recover right? I don't think a few more months of pay slips for 1000 people is going to make any dent in MS bank account. But it sure makes a dent in the life of people who were let go in the middle of a pandemic. If they were not needed in the first place, then the management who hired them in the first place should be also fired for incompetence and letting them all go in middle…
>I don't think a few more months of pay slips
I suspect they think it is more than that.
Also depending on their situation, they might already be getting a few months of pay anyhow.
Re: LinkedIn to cut 960 jobs worldwide
#24Re: LinkedIn to cut 960 jobs worldwide
#25LinkedIn would be investing in other parts of the business which would result in some job creation and the firm would "work with employees impacted by today's announcement to explore these opportunities"
Good to know that they will first consider rehiring/interviewing the laid off employees and they are public about it.
Curious question: does the employee get to keep the severance package if rehired after being laid off?
Re: LinkedIn to cut 960 jobs worldwide
#26960 is 6% of the global LinkedIn workforce. I am baffled by how many people work for LinkedIn.
They need that many to keep up with the sheer volume of emails they are sending out each day /s
Re: LinkedIn to cut 960 jobs worldwide
#27Earlier quoted context omitted.
That seems like a lot but a lot of interesting stuff in engineering has come out of LinkedIn, I think a lot of other roles like sales might be there.
Almost all enterprise software companies have more people in sales than engineering. Microsoft is one big exception but LinkedIn must have more sales than eng.
And they prefer you to be managed by a salesperson over letting you be self-serve as they tie you into a guaranteed spend with them.
I spent years trying to untangle us from their managed services, but couldn't as they batched all discounts company wide. I've never worked anywhere where departments shared budgets (even in a 3 person startup, my marketing "budget" was kept separate to other elements, alas the CEO had other issues...), but they basically enforced us to.
That meant I had to pay for pretty much all the LinkedIn usage company wide out of my budget (to receive the discounts on different products as they only applied to one invoice - huge savings on purchasing separately from different budget lines, but still large sums of cash), but internal systems meant other departments couldn't contribute their share back to us.
And once you're in the door, you're then given about 3 different contacts (your sales contact, a follow up sales contact, and then some kind of "content success" person whose only job I could tell was sharing the occasional case study).
God I hate LinkedIn sales.
Re: LinkedIn to cut 960 jobs worldwide
#28Earlier quoted context omitted.
selling... what? or LinkedIn has become corporate IG and people receive money for all this "this is how I succeeded" and "I overcame my weaknesses" unsolicited content.
Their enterprise recruiting tool costs $9000/year.
Such a poor outcome for this price. Once was involved in recruiting and the recruitment platform had some integration and subscribtion with LI. So many hopeless zero-effort applications from India... and some weird from China (or at least from profiles claiming to be from there).
Re: LinkedIn to cut 960 jobs worldwide
#29960 is 6% of the global LinkedIn workforce. I am baffled by how many people work for LinkedIn.
I'm baffled by that number given how bad the product is. It has a lot of potential, but is completely ruined by the social media aspect and their attempt at making it yet another cesspool like Twitter or Instagram, all the way down to the algorithmic feed, likes and reactions. They should step away from the nonsense and make the tool (because yes it should be seen as a tool and not a lifestyle) easier to use, not har…
Which product?
LinkedIn has managed to release a new app for basically every function while also bundling all that functionality into their primary app...
It’s truly a disaster over there...
Re: LinkedIn to cut 960 jobs worldwide
#30Looks like all cuts are across HR/Sales.
> "Our Talent Solutions business continues to be impacted as fewer companies, including ours, need to hire at the same volume they did previously."