Microsoft Corp’s professional networking site LinkedIn said on Tuesday it would cut about 960 jobs, or six per cent of its global workforce, as the coronavirus pandemic is having a sustained impact on demand for its recruitment products.California-based LinkedIn helps employers assess a candidate’s suitability for a role and employees use the platform to find new job.Jobs will be cut across sales and hiring divisions of the group globally.
Announcing the plan in a message posted on LinkedIn’s website, Chief Executive Ryan Roslansky said the company would provide at least 10 weeks of severance pay as well as health insurance for a year for U.S.