LinkedIn Plans 900 Job Cuts Despite 12% Revenue Growth

Quick Facts

• LinkedIn will cut approximately 900 jobs, or 5% of its 18,500-person workforce, on Wednesday
• Layoffs affect Global Business Organization, marketing, engineering and product teams despite 12% revenue growth
• Company reached $5 billion in quarterly revenue for first time in January 2026

LinkedIn will announce layoffs affecting roughly 900 employees on Wednesday as the Microsoft-owned platform reorganizes teams and shifts focus toward growth areas. The cuts represent about 5% of LinkedIn’s 18,500-person global workforce.

The layoffs will impact LinkedIn’s Global Business Organization, marketing, engineering and product teams. The company will also close its office in Graz, Austria, as part of the reorganization.

CEO Daniel Shapero told employees in an internal memo that LinkedIn must “deliver a step change in impact across our products, businesses and platforms, while continuing to operate more profitably.” He said the company needs “agile teams focused on our highest priorities” and will shift investments toward infrastructure.

The cuts come despite strong financial performance. LinkedIn posted 12% year-over-year revenue growth in its latest quarter and reached $5 billion in quarterly revenue for the first time in January.

Chief Product Officer Hari Srinivasan reportedly told employees the company wants smaller, faster teams that can “heavily leverage AI tools.” LinkedIn’s new agentic hiring products crossed $450 million in annual run rate during the quarter, helping companies like AMD and Palo Alto Networks hire more effectively.

Microsoft acquired LinkedIn for $26.2 billion in 2016. The tech giant cut 6,000 employees about a year ago, then trimmed an additional 9,000 jobs last July. Microsoft also opened a voluntary separation program to 8,750 US employees in April.

The LinkedIn cuts reflect broader tech industry trends in 2026. The global technology sector has announced more than 128,000 layoffs across 286 separate events this year, averaging roughly 1,000 cuts per day. Meta will begin company-wide layoffs on May 20, cutting approximately 8,000 employees.

A CNBC analysis found that 44% of hiring managers identified AI as the primary driver of expected 2026 cuts. Companies are laying off employees in areas they consider overstaffed or misaligned with future growth, regardless of overall business performance.

Read more: LinkedIn is about to experience company-wide layoffs