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Chronicles

The story behind the story

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LinkedIn plans to lay off nearly 700 staffers, mostly from its engineering teams, after cutting 716 jobs in May; source: LinkedIn is ramping up hiring in India

- LinkedIn is cutting almost 700 employees as revenue growth has slowed over the past two years.

CNBC Jordan Novet

Context & Ripple Effects

This is LinkedIn’s second workforce reduction in 2023, following the May cuts and planned closure of its China jobs app. The stated backdrop is slower revenue growth, while the latest move concentrates on engineering roles.

The reported plan to expand hiring in India makes the change more than a simple headcount reduction: it suggests LinkedIn is reallocating parts of its technical workforce across locations as it resets capacity.

First-order effects

  • Nearly 700 employees, primarily in engineering, face job losses, reducing LinkedIn’s existing technical organization after an earlier 2023 engineering-focused reduction was reported.
  • LinkedIn can shift hiring demand toward India while containing overall costs, though teams losing experienced engineers may need to redistribute ownership and delivery work.

Second-order effects

  • Engineering candidates and recruiters in the affected markets face a larger pool of LinkedIn alumni, while hiring activity in India could concentrate more of the company’s incremental technical demand there.
  • Repeated cuts may require LinkedIn to prioritize product and infrastructure work more tightly, as fewer engineers and changed team composition constrain parallel initiatives.

Third-order effects

  • If this pattern persists, global platforms may increasingly treat technical staffing as a geographically flexible capacity decision rather than a fixed headquarters function.
  • The episode fits a broader shift from growth-era staffing toward periodic capacity resets when subscription and recruitment-product demand slows.

The trend: LinkedIn’s actions are one instance of large digital platforms pairing tighter growth-driven staffing with more geographically distributed technical hiring.