Microsoft-owned company has yet to inform the Government of its plans for collective redundancies
The Department of Enterprise has not received a collective redundancy notification from the tech company since May when LinkedIn announced its first round of cuts. Photograph: by Justin Sullivan/Getty Images
The Microsoft-owned company, which employs around 2,000 staff at its European headquarters in Dublin, announced on Monday that it will cut almost roles from its roughly 20,000-strong workforce amid a slowdown in hiring, which has reduced demand for its services, and weaker advertising revenue growth than last year.
Meanwhile, a spokeswoman for the Department of Enterprise said it has not received a collective redundancy notification from the tech company since May when LinkedIn announced its first of two rounds of global job cuts in 2023 so far. The social network said at the time it planned to shutter its Chinese jobs app and cut about 716 roles but it is not clear how many roles in Ireland were affected.
In May, Ryan Roslansky, LinkedIn’s CEO, said the company was seeing “shifts in customer behaviour and slower revenue growth.”
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