Despite growing revenue, Microsoft-owned LinkedIn is ready to lay off workers, close offices, and shift its investment focus.

The platform currently has over 17,000 employees.

LinkedIn has notified more than 600 employees about the layoffs, and it is expected to take effect on July 13.

Job cuts announced: LinkedIn will lay off around 5% of its workforce, part of Microsoft's broader restructuring efforts. Algorithm priorities shift: Follower counts are losing relevance as LinkedIn ...

More than 600 employees to lose jobs across California as LinkedIn restructures operations and shifts focus toward AI and long-term growth. Check latest updates on LinkedIn and Microsoft layoffs.