LinkedIn Slashes Over 700 Jobs, Closes China App Amid ‘Evolving Market’

LinkedIn Slashes Over 700 Jobs, Closes China App Amid ‘Evolving Market’
The logo for LinkedIn Corporation is shown in Mountain View, Calif., on Feb. 6, 2013. Robert Galbraith/Reuters
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Employment platform LinkedIn has announced it is slashing hundreds of jobs and phasing out its app in China as part of a “streamlining” process amid declining revenue.

Ruiqi Chen, editor at LinkedIn News, announced the move on May 8, noting that the platform plans to reduce roles across its sales, operations, and support teams.

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