LinkedIn's news article noted that the U.S. Additionally, Microsoft-owned GitHub also recently disclosed a 10 percent workforce cut."LinkedIn has laid off an undisclosed number of staff on its talent acquisition team, according to a company spokesperson," the LinkedIn news article noted, citing The Information as the source of the information. The details of Microsoft's cuts weren't described, but It's since been known that Microsoft has made cuts in its mixed reality and metaverse teams, including a budding industrial metaverse team. Microsoft last month did describe a planned 10,000 jobs cut to take place through March 2024, citing inflationary pressures for the layoffs. More than 500,000 jobs were added in January, according to U.S.
unemployment rate is at 3.4 percent, which is quite low considering the near daily layoffs done by companies. "LinkedIn has laid off an undisclosed number of staff on its talent acquisition team, according to a company spokesperson," the LinkedIn news article noted, citing The Information as the source of the information. It listed layoffs from last week, and noted that LinkedIn had layoffs too, but numbers weren't described. LinkedIn is keeping a 2023 tally of the overall layoff trends, though, in this news article. The cut was confirmed by Microsoft, according to the report, but it didn't appear to be announced by LinkedIn, a site that's devoted to careers. LinkedIn, owned by Microsoft, has reportedly cut some of its recruiting department staff, according to a report by The Information (paywalled).