Last Monday, LinkedIn announced a reorganization of its global sales organization and China strategy. The decision involves the reduction of roles for 716 employees and the phasing out of its local China jobs application, InCareer, by August 9. The decisions stem from the group’s desire to adapt to the changing market, and customer demand as well as become more agile and align teams for its next growth phase.
"As we plan for FY24, we’re expecting the macro environment to remain challenging. We’re adapting as we have done this year and will continue to operate with the ambition we need to deliver on our vision and the pragmatism required to run the business well," wrote Ryan Roslansky, LinkedIn's CEO.