LinkedIn, Tech Giants Announce Major Layoffs in Bay Area
LinkedIn, Tech Giants Announce Major Layoffs in Bay Area

LinkedIn, Tech Giants Announce Major Layoffs in Bay Area

News summary

LinkedIn, owned by Microsoft, has laid off 281 employees across its California offices in Mountain View, San Francisco, Sunnyvale, and Carpinteria, with most cuts affecting software engineers, product managers, designers, and strategists. These layoffs are part of Microsoft's broader plan to eliminate about 6,000 jobs globally, constituting roughly 3% of its workforce. The layoffs reflect ongoing downsizing trends in the tech sector, with other major companies like Meta, Google, and Apple also announcing significant job reductions in recent months. Executives, including Microsoft CEO Satya Nadella, have cited restructuring, AI investments, and low performance as key factors behind the cuts, and highlighted AI's increasing role in automating technical tasks. LinkedIn has not indicated whether additional layoffs are planned. The situation underscores a challenging job market for tech professionals amid rapid industry shifts.

Story Coverage
Bias Distribution
100% Left
Information Sources
273052be-62e1-48ef-a4f6-fb29a3f704e5daae85f0-2883-42fc-b085-888140adf30dc9756229-35f8-45f1-944f-b88de21be56e
Left 100%
Coverage Details
Total News Sources
3
Left
3
Center
0
Right
0
Unrated
0
Last Updated
5 days ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

22Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News