genai / news / / The Mercury News
Microsoft has been steadily paring jobs in recent years amid a margin-straining build-out of data centers.
LinkedIn is reducing staff across engineering, product, and marketing roles to improve profitability.
KEY POINTS
- The cuts are tied to Microsoft's ongoing investment in AI infrastructure, which pressures profit margins.
- Daniel Shapero, recently named CEO of LinkedIn, announced the layoffs in a memo to employees.
- LinkedIn division reported $17.8 billion in revenue in Microsoft's most recent fiscal year ending May 2025.
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