Microsoft-owned LinkedIn is cutting 668 employees from different teams, marking its second round of layoffs this year. In May, they laid off 716 employees to reorganize for agility and growth, and now they’re streamlining decision-making.
An internal email explains that the company is making changes to meet its goals and priorities for the coming year (FY24). These changes involve making the company more flexible and accountable, reducing unnecessary complexity, and improving how things work behind the scenes.
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As a result, the company will be reducing 563 positions in research and development (R&D), which includes 137 management roles in engineering and 38 product-related positions. Additionally, there will be 368 job reductions in the engineering team to better match resources with the plans for the next year. Some new positions will also be created to fill important gaps in the company’s plans.
This is what LinkedIn emailed to its employees
Team,
We did not expect to share this important update with you all in the midst of such challenging times but in the spirit of clarity, Tomer and I wanted to share some news regarding changes we are making to our orgs. As we continue to execute our FY24 plan, we need to also evolve how we work and what we prioritize so we can deliver on the key initiatives we’ve identified that will have an outsized impact in achieving our business goals.
This means adapting our organizational structures to improve agility and accountability, establishing unambiguous ownership, and driving improving efficiency & transparency through reduced layering. These decisions result in the reduction of 563 roles across R&D. Broken down, there are 137 Engineering management roles and 38 Product roles being reduced.
Additionally, there will be 368 role reductions across our Engineering team in an effort to better align resources to our FY24 plan, and we will open a small number of new roles to fill critical gaps in our ambitious roadmap. For those who are directly affected by these changes, you will receive a calendar invitation within the next hour, titled “Required Attendance: R&D Role Reductions”.
This meeting will provide you with detailed information on how we will support you through this transition. If you do not receive this invitation, expected communication from your Product or Engineering Executive leader soon with specifics pertaining to your organization and how we will collectively navigate through these changes.
Tomer and I made these decisions with deep consideration towards the long-term needs of our business and with the acknowledgement that every affected individual has played a valuable role in the growth and success of LinkedIn. In the coming days, our focus will be on supporting each other and discussing the ways we will move forward, with our vision, mission and values as our guides.
Today, it is imperative that we support our colleagues navigating this transition. Let’s continue to embrace empathy and understanding through these difficult times and use these as a cornerstone for the support we provide each other
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