LinkedIn Layoffs Of 1,000 Employees Due To The COVID-19 Pandemic
JAKARTA - Microsoft Corp's professional networking site, LinkedIn is rumored to be cutting 960 workers or 6 percent of its global workforce, which is nearly 1,000 workers.
As with other companies, this is due to the devastating impact on the economy of the coronavirus or COVID-19 pandemic. California-based LinkedIn helps large employers assess a candidate's suitability for a role, while casual users use the platform to find new jobs.
However, LinkedIn is not hands off. LinkedIn Chief Executive Ryan Roslansky said the company will provide at least 10 weeks of severance pay, as well as health insurance for one year for employees in the US.
"I want you to know this is the only layoff we are planning. Affected staff, who have not been informed, can use cell phones, laptops and equipment from company facilities to help them work from home while looking for other new jobs," he said. Roslansky.
Later, employees affected by layoffs will be notified as soon as this week and they will start receiving invitations within the next few hours to attend meetings, to be notified of what to do next.
"If you do not accept the invitation to the meeting, you are not directly affected by this change," stressed Roslansky.
It is known that the impact of the coronavirus is not only on health, but also on the economies and businesses that hit around the world. Therefore, LinkedIn's business has taken a hit when the company laid off its employees and cut back on new hires. Thus quoted by Reuters, Tuesday, July 21.