LinkedIn is the latest tech company to cut jobs, closing 716 positions.
The social media network, which focuses on business people, will also phase out its local jobs app in China.
In a letter from the company’s chief executive officer, Ryan Roslansky, he said the move is aimed at streamlining the company’s operations.
Over the past six months, tech companies like Amazon, LinkedIn’s parent Microsoft, and Google’s parent Alphabet have announced major job cuts.
“As market and customer demand becomes more volatile, and to more effectively serve emerging and growth markets, we are expanding the deployment of vendors,” Roslansky wrote.
He also said the changes would result in the creation of 250 new jobs for employees affected by the cuts in the sales, operations and support teams to apply for.
After withdrawing from China in 2021 citing a “challenging environment,” the remaining app, called InCareers, will also be phased out by August 9.
A LinkedIn spokesman said the company will maintain a presence in China to help companies operating there hire and train employees outside the country.
LinkedIn was the only major western social media platform operating in China.
When it was founded in 2014, the company had agreed to comply with the requirements of the Chinese government in order to operate there.
At the time, US Senator Rick Scott, in a letter to LinkedIn CEO Ryan Roslansky and Microsoft CEO Satya Nadella, described the move as “gross appeasement and an act of submission to communist China.”
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