LinkedIn Layoffs at Microsoft: Probably Well More Than 5% of Staff
The WARN notices [1] are belatedly out (days after Microsoft spoke about these layoffs, not too long after whistleblowers had leaked the information to the press). The media that covered this before the notices said about 800 people at LinkedIn are to be impacted, but there are more than 600 in one US state alone (the home of LinkedIn). What about other states and other countries? We don't know, but extrapolation seems reasonable. 3 days ago we wrote about claims that over 1,000 workers would be laid off, citing Team Blind [2] that's recognised this week by the Journal of Record.
What about LinkedIn layoffs in Ireland [3] (tax evasion proxy), the UK, various EU countries, Australia, Africa, and so on?
In short, it's difficult to believe only 5% are impacted. █
Related/contextual items from the news:
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LinkedIn to lay off more than 600 California workers this summer
Most of the cuts are in the Bay Area. LinkedIn plans to lay off 108 employees at its San Francisco office, 59 in Sunnyvale, 352 in Mountain View and 66 remote employees tied to Mountain View, according to the filings.
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The Morale of Tech Workers Is Plunging as Layoffs Mount
On the website Blind, professionals share advice — and gallows humor — anonymously. It is chronicling the curdling of tech optimism.
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OPINION: Is Ireland's economy too reliant on big tech firms?
With many tech companies announcing layoffs and restructuring in recent weeks, concerns are growing about Ireland’s reliance on multinational tech firms
Should we stop relying so heavily on tech giants? asks Tipperary Live. When many American technology giants arrived due to Ireland’s low corporation tax rate, it created many jobs but also a false GDP for the country.
Companies such as Apple, Google, Meta, and Microsoft helped create thousands of high-paying jobs and turned Dublin into a major international tech hub.