LinkedIn cuts 716 jobs as it phases out its China app
LinkedIn is cutting 716 jobs and will begin phasing out its local jobs app in China. In a letter today, LinkedIn CEO Ryan Roslanky said the decision to shutter the standalone China app, called InCareer, was because of “fierce competition and a challenging macroeconomic climate.” While reducing some roles, LinkedIn, which is owned by Microsoft and has 20,000 employees, also plans to open about 250…
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