LinkedIn planning to cut staff as tech industry layoffs continue

"Reuters has reported that 5pc of jobs at the professional networking site, which employs over 2,000 people in Dublin, are at risk as part of a re-organisation at the firm The subsidiary of Microsoft will move ahead with layoffs to reorganise teams and focus personnel on areas where its business is growing, Reuters reported, citing two unnamed sources associated with the move."

"The job cuts are reportedly not linked to AI replacing jobs. While a representative for LinkedIn declined to comment on the issue, one source at the company told the Irish Independent that the figure of 5pc is incorrect. However, the source declined to expand on the company's exact plans, or how they might affect the Irish operation."

"The company's potential cuts come as revenue at LinkedIn, which sells recruiting tools and subscriptions, rose 12pc in the just-ended quarter from a year prior, in an acceleration of growth in 2026, according to Microsoft's securities filings. The reported layoff plans come after widespread recent job-cutting activity across the tech industry at Coinbase, Meta, Amazon, Oracle, Covalen, PayPal and other multinationals based in Ireland."

"Most of the job cuts announced by tech giants here are related to AI replacing processes or roles within the companies, according to their senior executives. LinkedIn opened a new 290,000 Emea headquarters in Wilton Park in Dublin 4 last year. LinkedIn's parent company, Microsoft, is currently offering a form of voluntary redundancy scheme to US staff."

LinkedIn, a Microsoft subsidiary employing over 2,000 people in Dublin, faces reported job cuts as part of a reorganisation. Reuters reported that 5% of jobs are at risk, citing two unnamed sources, and said the layoffs are intended to reorganise teams and focus personnel on areas where business is growing. The reported cuts are not linked to AI replacing jobs. A company representative declined to comment, and a source told the Irish Independent that the 5% figure is incorrect, without providing further details. LinkedIn revenue rose 12% in the just-ended quarter, and Microsoft filings indicate accelerating growth in 2026. The potential cuts follow broader tech layoffs in Ireland, often tied to AI-related changes, and Microsoft previously used voluntary redundancy in Ireland.

Read at Irish Independent