LinkedIn is preparing to announce layoffs on Wednesday, two people familiar with the matter told Reuters, in a widening of technology sector cuts this year.
The Microsoft-owned (MSFT.O), opens new tab social network plans to cut about 5% of staff as it reorganizes teams and focuses employees on areas where its business is growing, said one of the people, on condition of anonymity. LinkedIn’s headcount is more than 17,500 full-time employees globally, its website says. Reuters was unable to determine the teams affected.
The cuts come as revenue at LinkedIn, which sells recruiting tools and subscriptions, rose 12% in the just-ended quarter from a year prior, in an acceleration of growth in 2026, according to Microsoft’s securities filings.
The layoff rationale was not for artificial intelligence to replace jobs at LinkedIn, one of the people told Reuters.