LinkedIn Cuts 875 Jobs (5% of Workforce) Despite Record $4.83B Quarterly Revenue — Not Blaming AI
Bloomberg / Hacker News·medium signal
Microsoft-owned LinkedIn laid off approximately 875 employees across engineering, product, marketing, and its Global Business Organization on May 13, even as quarterly revenue hit $4.83B (up 12% YoY). Notably, LinkedIn is one of the rare tech firms in 2026 not citing AI as the justification — instead pointing to reallocation toward 'infrastructure and high-impact priorities.' The layoffs come during a broader tech restructuring wave where AI displacement is the common narrative, making LinkedIn's framing a deliberate counterpoint.