Microsoft’s professional network becomes the latest name on a list that now includes Meta, Amazon, Oracle, and IBM, even as the same companies are guiding $725 billion of AI capital spending this year. LinkedIn is cutting roughly 5% of its staff, the latest reduction at a Microsoft-owned business and the most recent entry in a year-long Big Tech contraction that has now displaced more than 100,000 workers across the sector. Chief executive Dan Shapero, who took over from Ryan Roslansky in late April when Roslansky moved into a new AI role inside Microsoft, set out the cuts in a memo to employees, citing the need to operate “more profitably” and to reinvent how the company works with smaller, more agile teams. Bloomberg reported the memo on Wednesday. LinkedIn employed roughly 17,500 staff at the start of 2026, implying a cut in the region of 900 to 1,000 roles. The 💜 of EU tech The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art.…