LinkedIn adds accessibility features with the help of Microsoft's Immersive Reader

It introduced its second spherical of layoffs this 12 months. The division is shedding about 668 employees from its engineering, product, expertise and finance groups.

“As we adapt our organizational constructions and streamline our decision-making course of, we proceed to put money into strategic priorities for our future and to make sure we proceed to ship worth to our members and prospects.” . “We’re dedicated to offering our full assist to all affected workers throughout this transition interval and making certain they’re handled with care and respect.”

In Could, LinkedIn determined to put off 716 individuals and shut down the job search app in China. As such, LinkedIn will reduce almost 1,400 jobs this 12 months amid . Microsoft contracts with Activision Blizzard for $68.7 billion within the first few months of 2023.

In Microsoft’s most up-to-date earnings report (overlaying the April-June interval), the corporate mentioned LinkedIn’s income elevated 5 % year-over-year. She famous that membership development has “accelerated for eight consecutive quarters” and that the platform has greater than 950 million customers. Microsoft is scheduled to announce monetary outcomes for the interval from July to September, i.e. the primary quarter of its fiscal 12 months, on October 24.

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