LinkedIn is laying off 606 employees effective July 13 according to a Worker Adjustment and Retraining Notification (WARN) filing, with the cuts disproportionately affecting California offices including over 350 employees in Mountain View, 108 in San Francisco, 66 remote California-based employees, 59 in Sunnyvale, and 21 in Carpinteria. The layoffs follow an internal memo from LinkedIn CEO Daniel Shapero saying the company needs to “reinvent how we work” by shifting investments toward areas such as infrastructure, with cuts hitting GBO, Marketing, Engineering, and Product departments. LinkedIn is also reportedly reducing spending on marketing campaigns, vendor expenses, customer events, and office space, even as the company's revenue rose 12% YoY in the quarter ended March 31, with the cuts amounting to roughly 5% of LinkedIn's 17,500-employee global headcount.
