LinkedIn Laying Off 700 as Microsoft Pivots to AI

Sharing is Caring!

Microsoft has the cash to pay hackers to jailbreak its Bing AI, but apparently not enough to keep almost 700 people employed at the Microsoft-owned professional social media platform LinkedIn.

The site is now undergoing its second round of layoffs this year, The New York Times reports. All told, 668 positions are being culled from its “engineering, product, talent and finance teams,” according to a LinkedIn announcement on Monday, adding to the 716 employees who were let go in May from the company, which has about 19,500 personnel around the world.

LinkedIn didn’t explain in detail why so many people were let go, but it’s hard to ignore its parent company’s hard pivot into AI that’s seen it pour billions into the startup OpenAI and remake some of its most iconic products, including Bing, around chatbot language models.

See also  Top Donor Contributions to Trump & Kamala… Google and Microsoft control almost 100% of the web search market

futurism.com/the-byte/linkedin-layoffs-microsoft-ai

Views: 85

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.