LinkedIn has fired 668 employees as part of its second round of layoffs this year. The engineering, talent, and finance teams have all been laid off, according to the company. The administrators explained that the measure was done because the services were slow. The layoffs will affect approximately 3% of the almost 20,000 employees. According to observers, this will result in tens of thousands of job losses in the technology sector this year.
According to the recruitment company Challenger, Events, and Christmas, 141,516 individuals were laid off in the technology sector in the first half of this year.