this post was submitted on 17 Oct 2023
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LinkedIn lays off 668 employees in second cut this year (www.reuters.com)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
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LinkedIn lays off 668 employees in second cut this year::Microsoft's LinkedIn said on Monday it would lay off 668 employees across its engineering, talent and finance teams in the second round of job cuts this year for the social media network for professionals amid slowing revenue growth.

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[โ€“] Poem_for_your_sprog@lemmy.world 16 points 2 years ago (1 children)

Didn't they spend $69B to buy Blizzard?

[โ€“] trolololol@lemmy.world 4 points 2 years ago

Companies don't acquire other companies with cash, it's an obscure mixture of stocks being exchanged