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LinkedIn to cut 960 jobs worldwide

bbc.com

71–80 of 312 posts

Re: LinkedIn to cut 960 jobs worldwide

#71
post #37

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

The question to ask is how many VPs and Directors they have.

Once you have that answer, you’ll know why there are so many employees.

Re: LinkedIn to cut 960 jobs worldwide

#72
post #65

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.

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

My knowledge of corporate culture might be outdated, but I believe the former LinkedIn employees get to live.

Re: LinkedIn to cut 960 jobs worldwide

#73
post #72
post #65

Earlier quoted context omitted.

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

My knowledge of corporate culture might be outdated, but I believe the former LinkedIn employees get to live.

They are terminated though.

Re: LinkedIn to cut 960 jobs worldwide

#75

960 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…

> I'm baffled by that number given how bad the product is.

That's because the "product" isn't the social network. The "product" is insight and access to much of the professional workforce. Sales and HR use it extensively.

The social network aspect is likely to keep people semi-engaged with the platform and voluntarily disclosing things that Sales and HR can use as signals.

Re: LinkedIn to cut 960 jobs worldwide

#76
post #37

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

This article is so damn useful: https://danluu.com/sounds-easy/ > I can't think of a single large software company that doesn't regularly draw internet comments of the form “What do all the employees do? I could build their product myself.” Benjamin Pollack and Jeff Atwood called out people who do that with Stack Overflow. But Stack Overflow is relatively obviously lean, so the general response is something like “oh,…

what languages does LinkedIn support - I get mine in English but I suppose it must be heavily internationalized as well.

Re: LinkedIn to cut 960 jobs worldwide

#77
post #37

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

This article is so damn useful: https://danluu.com/sounds-easy/ > I can't think of a single large software company that doesn't regularly draw internet comments of the form “What do all the employees do? I could build their product myself.” Benjamin Pollack and Jeff Atwood called out people who do that with Stack Overflow. But Stack Overflow is relatively obviously lean, so the general response is something like “oh,…

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.

Re: LinkedIn to cut 960 jobs worldwide

#78
post #66
post #60

Earlier quoted context omitted.

Yes you can. Look at Craigslist or POF.com for examples. But I also forgot that LI owns Lynda.com, so there are a lot of redundancies over there.

Neither craigslist nor POF generates 7 billion in revenue. Latest number I can find for craigslist is around 700m in 2016, let’s assume it’s 1b now. And let’s assume they have 1 employee. You don’t think hiring an additional 10k employees to get an extra 6b in revenue is worth it?

CL has approx 50 employees, operate around the globe and are on track to do in excess of 1b in revenue this year... So I disagree with your assessment.

There are many businesses that operate in the 10figure range that dont require 10's of thousands of employees.

To me LI is more indicative of bloat. Especially since they are owned by MSFT.

Re: LinkedIn to cut 960 jobs worldwide

#79
post #65

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.

> 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%.

Re: LinkedIn to cut 960 jobs worldwide

#80
post #37

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

This article is so damn useful: https://danluu.com/sounds-easy/ > I can't think of a single large software company that doesn't regularly draw internet comments of the form “What do all the employees do? I could build their product myself.” Benjamin Pollack and Jeff Atwood called out people who do that with Stack Overflow. But Stack Overflow is relatively obviously lean, so the general response is something like “oh,…

To me LI is a tower of Jenga. Years of growth, mutliple acquisitions, M&A and almost no downward market pressure put them into this position of bloat. But your points are good, very very good. It take a lot of people to run a large org. But that's not always the best way...
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