LinkedIn has said it will be handing out pink slips to 716 of its employees. The Microsoft-owned job search portal has also decided to shut down its China-focused job application.
As per media reports, in a letter to employees, LinkedIn CEO Ryan Roslansky has said the jobs to be cut will be in the sales, operations and support departments.
Roslansky has also spoken about creating 250 new jobs and said that the affected employees could apply for the same.