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Read the internal memo from LinkedIn's CEO on layoffs and 'scaling back investments'

Business Insider·Ashley Stewart, Alex Bitter·19 days ago
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LinkedIn Smith Collection/Gado/Getty Images LinkedIn is laying off employees and "scaling back" other investments, an internal memo shows. Affected employees should have been notified this morning. The cuts include Global Business Organization, marketing, engineering, and product teams. LinkedIn is laying off employees, according to an internal memo viewed by Business Insider sent by CEO Daniel Shapero. Impacted employees would receive a calendar invite within an hour of Shapero's email being sent at 7 a.m. Pacific, according to the memo. Roles include those in the Microsoft-owned company's Global Business Organization, marketing, engineering, and product teams. It's unclear how many employees would be impacted by this round of layoffs. LinkedIn employs around 17,500 workers. The company will also "scale back investments" in areas including marketing campaigns, vendor spend, customer events, and underutilized office space, according to the memo.…

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