LinkedIn said a Reuters report suggesting a 5pc headcount reduction is ‘inaccurate’, but did not provide any further details.
78 Irish jobs are reportedly at risk at LinkedIn as the Microsoft-owned company becomes the latest to announce sweeping layoffs.
Reuters reported yesterday (13 May) that LinkedIn was readying to cut about 5pc of its headcount, although a company spokesperson told SiliconRepublic.com that the figure mentioned in Reuters’ report is “inaccurate” but did not provide any further details.
The Microsoft-owned company employs 17,500 people globally, with around 1,800 workers based in Ireland. A 5pc headcount trim could lead to around 875 job cuts at the company.
The layoffs are reportedly expected to support LinkedIn as it focuses on areas where its business is growing. “As part of our regular business planning, we’ve implemented organisational changes to best position ourselves for future success,” the company spokesperson said.
A source told Reuters that the layoffs are not related to AI. However, these cuts come at a time when AI-related job cuts have become commonplace, with tech leaders increasingly admitting to this reasoning.
In just the past few months, companies including Cloudflare, Coinbase, Meta, Block, Amazon, Atlassian and Snap have collectively cut tens of thousands of jobs – with the trend largely attributed to changing technology at the workplace.
Earlier this week, General Motors announced that it is cutting 300 jobs, with 30 Irish jobs reportedly affected in the move. Layoffs at Oracle placed as much as 150 Irish jobs at risk this April, while around 300 Ireland-based workers feared for their jobs in January after Amazon announced that it was cutting 16,000 jobs.
According to Layoffs.fyi, tech companies have shed nearly 109,000 workers so far this year – with the number fast approaching the roughly 124,000 that were laid off in the whole of 2025.
2023 was an especially challenging year for workers, with the tech industry announcing more than 264,000 job cuts. That number was down to around 153,000 in 2024.
Job cuts at LinkedIn come as the company announced a 12pc growth in revenue in the quarter past. Parent company Microsoft recently announced that its quarterly revenue was up 18pc, with its annual revenue run rate going up 123pc to $37bn.
Ireland’s media regulator, Coimisiún na Meán, launched an investigation into LinkedIn last December over suspicions that the platform’s content reporting mechanisms were not up to code.
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