GossipsNG.com
  • Home
  • News
  • Business
  • Society
  • Latest
  • World
No Result
View All Result
Tuesday, May 19, 2026
  • Home
  • News
  • Business
  • Society
  • Latest
  • World
No Result
View All Result
GossipsNG.com
No Result
View All Result

LinkedIn set to layoff 5 percent of staff, report says

by News Break
May 14, 2026
in World
0
152
SHARES
1.9k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The latest headlines from our reporters across the US sent straight to your inbox each weekday

Your briefing on the latest headlines from across the US

Your briefing on the latest headlines from across the US

Evening Headlines

LinkedIn is planning to lay off five percent of its workforce as job cuts continue to take a toll on the tech industry.

The networking-centric social media platform plans to tell impacted workers they’ve been let go Wednesday, sources told Reuters.

LinkedIn employs more than 17,500 people globally. It was not immediately clear which teams the workers impacted by layoffs would be from.

However, one of the sources noted that the cuts were intended to help the company reorganize teams and focus on areas where its business is growing.

The layoffs are not because LinkedIn is looking to replace human workers with artificial intelligence, the sources said. However, the layoffs come as U.S. companies named AI as the driving force behind job cuts for the second month in a row, according to a report.

LinkedIn is planning to lay off about five percent of its 17,500 employees on Wednesday, according to a report
LinkedIn is planning to lay off about five percent of its 17,500 employees on Wednesday, according to a report (AFP/Getty)

In April, employers announced 83,387 layoffs, a 38 percent increase from March, according to the report by Challenger, Gray & Christmas, a global outplacement firm. Artificial intelligence caused 26 percent of those layoffs, making it the most frequently cited reason for workforce reductions for a second month.

So far this year, 49,135 layoffs have been attributed to AI, ranking it as the third-largest cause of planned job losses overall. It comes as more and more companies are relying heavier on AI, with major players including Google, Amazon and Meta pouring billions into the new technology.

Technology companies in particular have been trying to rework their operations with the implementation of AI. Jack Dorsey’s Block announced plans to eliminate half of its workforce in February, and Cloudflare shared it would undergo a 20 percent cut in workforce.

Tech giant Meta also announced plans to cut about 10 percent of its workforce, with workers getting notice of if they were let go on May 20.

“We’re doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we’re making,” Janelle Gale, Meta’s chief people officer, said in an internal memo last month. Meta confirmed the memo’s accuracy to The Independent.

The layoffs are not a result of LinkedIn looking to replace human workers with AI systems, the sources said
The layoffs are not a result of LinkedIn looking to replace human workers with AI systems, the sources said (Getty)

Meta had nearly 79,000 employees at the start of the year, meaning roughly 7,900 workers will be impacted. The company also said it would not fill the 6,000 open roles it had listed.

Additional layoffs at Meta are also planned for the second half of the year, sources previously told Reuters.

Layoffs.fyi, a layoff tracker for tech workers, has reported more than 103,000 cuts so far this year. The tracker counted 124,000 job reductions for all of 2025.

With reporting by Reuters.

Related Posts

World

Ex-Google CEO Eric Schmidt booed at University of Arizona over AI, sexual assault allegations by ex-girlfriend: Watch

May 19, 2026
World

ICC denies ‘inaccurate’ report it is seeking new warrants against Israeli officials

May 19, 2026
World

Trump’s Iran warning sends oil prices soaring and global markets tumbling

May 19, 2026
World

Hantavirus Hunt: Argentine Scientists Set First Traps

May 19, 2026
World

Somalia’s South West State suspends commercial, private flights

May 19, 2026
World

Roman Atwood says FAA grounded his helicopter after viral Ashton Hall stunt investigation

May 19, 2026
No Result
View All Result
Politics

FULL LIST: Imoke, ex-Kwara gov lead ADC presidential primary committees

by Vincent Uju
May 19, 2026
0

The African Democratic Congress has appointed former Cross River and Kwara State governors, Liyel Imoke and Abdulfatah Ahmed, to lead...

Read more

Frank Edoho Exposed as Wife Drops Shocking Abuse and Cheating Claims

May 19, 2026

Kericho: Ululations as well-wisher helps young electrician secure lucrative job in Dubai

May 19, 2026

Primaries: Committee speaks as Lagos APC senatorial candidates emerge

May 19, 2026

Brush Fire Near Los Angeles Forces Thousands To Evacuate

May 19, 2026

Makinde Reacts After Killing of Abducted Teacher in Oyo

May 19, 2026

JUST IN: APC Disqualifies Former Presidential Aspirant, 3 Senators from Primaries

May 19, 2026

Ex-Google CEO Eric Schmidt booed at University of Arizona over AI, sexual assault allegations by ex-girlfriend: Watch

May 19, 2026

I Don’t Think Obi Has Time To Watch Television, So Advisers Need To Guide Him On What To Say —Adeoye

May 19, 2026

Police trace Oyo school abduction suspects through phone calls with bandits

May 19, 2026
  • Home
  • About
  • Contact Us
  • Privacy Policy
  • Terms
© 2025 GossipsNG. All rights reserved.
No Result
View All Result
  • Home
  • News
  • Business
  • Society
  • Latest
  • World