<p>LinkedIn, the Microsoft-owned professional networking platform, on Wednesday announced layoffs in&nbsp;its sales, operations, and support departments. But apart from full-time employees losing their jobs, media&nbsp;reports&nbsp;indicate that offer letters previously extended to new hires were also rescinded.&nbsp;</p>

<p>One such individual is Lea Schuhmacher, a former intern at LinkedIn and a participant in the company's Business Leadership Programme, which has been discontinued.</p>

<p>Schuhmacher revealed in&nbsp;a LinkedIn post that the company had offered her a role back in September 2022. However, after months of anticipation, the offer was unexpectedly revoked, leaving her in a state of uncertainty.</p>

<p>Schuhmacher expressed her disappointment and added&nbsp;that she had turned down other job offers&nbsp;based on LinkedIn's assurance of employment.</p>

<p>"Today, LinkedIn announced not only its 'difficult decision' to lay off hundreds of employees but also to discontinue the Business Leadership Programme that I was supposed to be a part of," her&nbsp;LinkedIn post read.&nbsp;</p>

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false"><iframe allowfullscreen="" frameborder="0" height="890" src="https://www.linkedin.com/embed/feed/update/urn:li:share:7061672589835808768" title="Embedded post" width="504"></iframe></div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

<p>Another individual, Connor Bernal, who was also part of the Business Leadership Programme and had worked in&nbsp;LinkedIn's strategy and product team, pointed out the irony of LinkedIn announcing layoffs on its 20th anniversary. Despite being directly affected, he expressed optimism about the platform's potential to help individuals like him in their job search.&nbsp;</p>

<p><iframe allowfullscreen="" frameborder="0" height="774" src="https://www.linkedin.com/embed/feed/update/urn:li:share:7061775563677470720" title="Embedded post" width="504"></iframe></p>

<p>On the same day, LinkedIn decided to shut&nbsp;its China-specific application, InCareers. To facilitate a smooth transition, the company has allowed&nbsp;InCareers&nbsp;users&nbsp;to download their data before the&nbsp;August 9 deadline.&nbsp;</p>

<p>Earlier this year, LinkedIn had laid&nbsp;off employees from its recruitment department due to challenging macroeconomic conditions. One of the affected&nbsp;employees, Melanie Quandt, publicly criticised the company for offering&nbsp;'insufficient' benefits and severance packages.&nbsp;</p>

<p>"Feeling awful for all of us that were impacted. It will take a lot for me to trust an employer again," Quandt wrote on LinkedIn.&nbsp;</p>


LinkedIn, the Microsoft-owned professional networking platform, on Wednesday announced layoffs in its sales, operations, and support departments. But apart from full-time employees losing their jobs, media reports indicate that offer letters previously extended to new hires were also rescinded.

LinkedIn, the Microsoft-owned professional networking platform, on Wednesday announced layoffs in its sales, operations, and support departments. But apart from full-time employees losing their jobs, media reports indicate that offer letters previously extended to new hires were also rescinded. One such individual is Lea Schuhmacher, a former intern at LinkedIn and a participant in the company's Business Leadership Programme, which has been discontinued. Schuhmacher revealed in a LinkedIn post that the company had offered her a role back in September 2022. However, after months of anticipation, the offer was unexpectedly revoked, leaving her in a state of uncertainty. Schuhmacher expressed her disappointment and added that she had turned down other job offers based on LinkedIn's assurance of employment. "Today, LinkedIn announced not only its 'difficult decision' to lay off hundreds of employees but also to discontinue the Business Leadership Programme that I was supposed to be a part of," her LinkedIn post read. × Another individual, Connor Bernal, who was also part of the Business Leadership Programme and had worked in LinkedIn's strategy and product team, pointed out the irony of LinkedIn announcing layoffs on its 20th anniversary. Despite being directly affected, he expressed optimism about the platform's potential to help individuals like him in their job search. On the same day, LinkedIn decided to shut its China-specific application, InCareers. To facilitate a smooth transition, the company has allowed InCareers users to download their data before the August 9 deadline. Earlier this year, LinkedIn had laid off employees from its recruitment department due to challenging macroeconomic conditions. One of the affected employees, Melanie Quandt, publicly criticised the company for offering 'insufficient' benefits and severance packages. "Feeling awful for all of us that were impacted. It will take a lot for me to trust an employer again," Quandt wrote on LinkedIn.

LinkedIn layoffs: Woman says her job offer was rescinded before she could join

<p>Elon Musk owned social media giant Twitter has again opted&nbsp;for mass layoffs. As per a report in The New York Times (NYT), Twitter has axed jobs of at least 200 employees. This comes to about 10 per cent of around 2000 employees who were working for the micro-blogging platform before the latest round job cuts. NYT has quoted unnamed sources to report the development. Twitter has fired people in multiple rounds of mass layoffs since October 2022 when Elon Musk took over the company.&nbsp;</p>

<p>The latest round of layoffs has come a week after Twitter reportedly made it difficult for its&nbsp;employees to communicate with each other. Slack, the internal messaging platform that Twitter used was taken offline.</p>

<p>As per the report, those fired include data scientists, product managers and engineers who worked on machine learning and site reliability.</p>

<p>Twitter has appeared to struggle since its takeover by Musk. Musk acquired the company for $44 billion. The billionaire, who is perceived by many to subscribe to opinions leaning towards the political right, has attempted to cut costs by way of mass layoffs. The platform is still struggling to lure back advertisers who are reportedly worried about the stability of the company.</p>

<p>Musk, who claims to be a 'free speech absolutist,'&nbsp;came under fire after the platform chose to deactivate the account of a user who used information in public domain to track Musk's private jet. The criticism was sharper when Twitter appeared to suspend accounts of journalists who reported on the matter. Musk was seen as someone attempting to stifle free speech.</p>

<p>There hasn't been any immediate reaction from Twitter over the latest mass layoffs.</p>

<p><strong>Also Read | <a href="https://www.wionews.com/technology/did-musk-fire-twitters-democracy-national-security-rights-policy-lead-565735">Did Musk fire Twitter's democracy, national security, &amp; rights policy lead?</a></strong></p>

<p>In early November, Twitter laid off about 3,700 employees in a cost-cutting measure.&nbsp;</p>

<p>The Information reported that the latest job cuts aim to offset a plunge in revenue following Musk's takeover and further whittle down&nbsp;staff.</p>

<p>Musk in November said that the service was experiencing a "massive drop in revenue" as advertisers pulled spending amid concerns about content moderation.</p>

<p>(With inputs from agencies)</p>

<p>You can now write for wionews.com and be a part of the community. Share your stories and opinions with us <a href="https://www.wionews.com/content-contribution-registration-form"><strong>here</strong></a>.</p>

<p><strong>WATCH WION LIVE HERE</strong></p>

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false"><iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="350" loading="”lazy”" src="https://www.wionews.com/live-tv/embed?autoplay=1&amp;mute=1" width="100%"></iframe></div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

<p>&nbsp;</p>


Elon Musk owned social media giant Twitter has again opted for mass layoffs. As per a report in The New York Times (NYT), Twitter has axed jobs of at least 200 employees.

Elon Musk owned social media giant Twitter has again opted for mass layoffs. As per a report in The New York Times (NYT), Twitter has axed jobs of at least 200 employees. This comes to about 10 per cent of around 2000 employees who were working for the micro-blogging platform before the latest round job cuts. NYT has quoted unnamed sources to report the development. Twitter has fired people in multiple rounds of mass layoffs since October 2022 when Elon Musk took over the company. The latest round of layoffs has come a week after Twitter reportedly made it difficult for its employees to communicate with each other. Slack, the internal messaging platform that Twitter used was taken offline. As per the report, those fired include data scientists, product managers and engineers who worked on machine learning and site reliability. Twitter has appeared to struggle since its takeover by Musk. Musk acquired the company for $44 billion. The billionaire, who is perceived by many to subscribe to opinions leaning towards the political right, has attempted to cut costs by way of mass layoffs. The platform is still struggling to lure back advertisers who are reportedly worried about the stability of the company. Musk, who claims to be a 'free speech absolutist,' came under fire after the platform chose to deactivate the account of a user who used information in public domain to track Musk's private jet. The criticism was sharper when Twitter appeared to suspend accounts of journalists who reported on the matter. Musk was seen as someone attempting to stifle free speech. There hasn't been any immediate reaction from Twitter over the latest mass layoffs. Also Read | Did Musk fire Twitter's democracy, national security, & rights policy lead? In early November, Twitter laid off about 3,700 employees in a cost-cutting measure. The Information reported that the latest job cuts aim to offset a plunge in revenue following Musk's takeover and further whittle down staff. Musk in November said that the service was experiencing a "massive drop in revenue" as advertisers pulled spending amid concerns about content moderation. (With inputs from agencies) You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE ×

Twitter job cut: Latest mass layoff sees 200 employees fired, says report

<p>Recently, there has been an unprecedented number of mass layoffs across the world, including in big tech companies like Twitter and Meta which also announced that they fired thousands of people in the past few weeks. This has affected many, including Indians who form a large chunk of the workforce in the US’ Silicon Valley.&nbsp;</p>

<p>Amid what many are referring to as the ‘layoff season’, Harsh Jain, co-founder of Dream Sports took to Twitter and offered Indian employees fired by the major tech firms to join his company especially those with Visa issues.&nbsp;</p>

<p><strong>ALSO READ:&nbsp;<a href="https://www.wionews.com/technology/meta-boss-mark-zuckerberg-says-mass-lay-offs-to-begin-from-wednesday-morning-532418">Meta boss Mark Zuckerberg says mass layoffs to begin from Wednesday morning</a></strong></p>

<p>“With all the 2022 Tech layoffs (52,000+!) in the US, please spread the word to remind Indians to come back home (specially those with visa issues) to help Indian Tech realise our hyper-growth potential in the next decade!” Jain wrote in a tweet.&nbsp;</p>

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">With all the 2022 Tech layoffs (52,000+!) in the US, please spread the word to remind Indians to come back home (specially those with visa issues) to help Indian Tech realise our hyper-growth potential in the next decade! 🇮🇳 🇮🇳 🇮🇳 (1/3)</p>
— Harsh Jain (@harshjain85) <a href="https://twitter.com/harshjain85/status/1589609986677964800?ref_src=twsrc%5Etfw">November 7, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

<p>&nbsp;</p>

<p>He added, that his company is “profitable” and financially stable in a subsequent statement and said, “#shamelessplug if you or someone you know fits the above, feel free to reach out to us on indiareturns@dreamsports.group. We @DreamSportsHQ are a profitable, $8 Billion Co with 150 Million+ users and 10 kickass portfolio companies”.</p>

<p><strong>ALSO WATCH:&nbsp;<a href="https://www.wionews.com/videos/wion-business-news-twitter-takes-u-turn-post-massive-layoffs-asks-fired-employees-to-come-back-531766">WION Business News | Twitter takes U-Turn post massive layoffs, asks fired employees to come back</a></strong></p>

<p>Furthermore, in another tweet also briefly spoke about the ten portfolio companies under Dream11, “who are constantly looking for great talent, specially with leadership experience in Design, Product &amp; Tech!”.&nbsp;</p>

<p><strong>ALSO READ:&nbsp;<a href="https://www.wionews.com/sports/dream11-awarded-title-sponsorship-for-ipl-2020-with-a-bid-of-inr-222-crore-confirms-brijesh-patel-321448">Dream11 awarded title sponsorship for IPL 2020 with a bid of INR 222 crore, confirms Brijesh Patel</a></strong><br />
<br />
Since it was first posted on November 7, the Twitter thread has garnered over 650 likes and over 70 retweets. Dream11 is an Indian fantasy sports platform that allows users to create fantasy teams in several sports including, cricket, football, hockey, rugby, and so on. In 2019, it was the first of its kind in the country which went on to become a unicorn.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</p>

<p><strong>WATCH WION LIVE HERE</strong></p>

<p><iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="350" loading="”lazy”" src="https://www.wionews.com/live-tv/embed?autoplay=1&amp;mute=1" width="100%"></iframe></p>

<p>You can <strong>now write for wionews.com</strong> and be a part of the community. Share your stories and opinions with us <strong><a href="https://www.wionews.com/content-contribution-registration-form">here</a>.</strong></p>


Recently, there has been an unprecedented number of mass layoffs across the world, including in big tech companies like Twitter and Meta which also announced that they fired thousands of people in the past few weeks.

Recently, there has been an unprecedented number of mass layoffs across the world, including in big tech companies like Twitter and Meta which also announced that they fired thousands of people in the past few weeks. This has affected many, including Indians who form a large chunk of the workforce in the US’ Silicon Valley. Amid what many are referring to as the ‘layoff season’, Harsh Jain, co-founder of Dream Sports took to Twitter and offered Indian employees fired by the major tech firms to join his company especially those with Visa issues. ALSO READ: Meta boss Mark Zuckerberg says mass layoffs to begin from Wednesday morning “With all the 2022 Tech layoffs (52,000+!) in the US, please spread the word to remind Indians to come back home (specially those with visa issues) to help Indian Tech realise our hyper-growth potential in the next decade!” Jain wrote in a tweet. With all the 2022 Tech layoffs (52,000+!) in the US, please spread the word to remind Indians to come back home (specially those with visa issues) to help Indian Tech realise our hyper-growth potential in the next decade! 🇮🇳 🇮🇳 🇮🇳 (1/3) — Harsh Jain (@harshjain85) November 7, 2022 × He added, that his company is “profitable” and financially stable in a subsequent statement and said, “#shamelessplug if you or someone you know fits the above, feel free to reach out to us on indiareturns@dreamsports.group. We @DreamSportsHQ are a profitable, $8 Billion Co with 150 Million+ users and 10 kickass portfolio companies”. ALSO WATCH: WION Business News | Twitter takes U-Turn post massive layoffs, asks fired employees to come back Furthermore, in another tweet also briefly spoke about the ten portfolio companies under Dream11, “who are constantly looking for great talent, specially with leadership experience in Design, Product & Tech!”. ALSO READ: Dream11 awarded title sponsorship for IPL 2020 with a bid of INR 222 crore, confirms Brijesh Patel Since it was first posted on November 7, the Twitter thread has garnered over 650 likes and over 70 retweets. Dream11 is an Indian fantasy sports platform that allows users to create fantasy teams in several sports including, cricket, football, hockey, rugby, and so on. In 2019, it was the first of its kind in the country which went on to become a unicorn. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Fantasy platform Dream11 co-founder offers jobs to people fired from Twitter, Meta and others

After mass layoffs at Twitter, it is another big tech company's turn as the Mark Zuckerberg-led Facebook parent Meta is reportedly set to lay off massive number of employees this week.

WION Business News | Meta preparing large-scale layoffs: Reports

mass-layoff

Mass Layoff, News on Mass Layoff, stories on Mass Layoff, articles on Mass Layoff, Mass Layoff stories at Wion, Mass Layoff news, Mass Layoff latest news