NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

LinkedIn to Announce Layoffs Amid Wider Technology Sector Cuts

LinkedIn, the Microsoft-owned social network, is preparing to announce layoffs on Wednesday, according to two people familiar with the matter, who spoke to Reuters. The move marks a widening of technology sector cuts this year, as the company reorganizes its teams and focuses employees on areas where its business is growing.

The layoffs are expected to affect around 5% of LinkedIn's staff, with the company currently employing more than 17,500 full-time employees globally, according to its website. Reuters was unable to determine which teams will be affected by the cuts.

Despite the layoffs, LinkedIn's revenue continues to grow. In the just-ended quarter, revenue rose 12% from the same period last year, with growth accelerating in 2026, according to Microsoft's securities filings. LinkedIn generates revenue through the sale of recruiting tools and subscriptions.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

It is worth noting that the layoffs are not a result of artificial intelligence replacing jobs at LinkedIn, according to one of the people familiar with the matter. The move is instead aimed at streamlining the company's operations and focusing resources on areas where it is experiencing growth.

Comparison of LinkedIn's Revenue Growth20252026 (Q1-Q2)2026 (Q3-Q4)
Revenue GrowthN/A8%12%
NotesGrowth accelerated in 2026Accelerated growth in 2026

Note: Revenue growth figures are based on Microsoft's securities filings and represent the percentage increase in revenue from the same period in the previous year.

Investor Takeaway

Microsoft-owned LinkedIn is planning a 5% workforce reduction, which may impact its operations and growth prospects.

IPOScanner Logo

IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

About IPO Scanner

IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
[email protected].

Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Scanner. All rights reserved.