LinkedIn hit record profits this year. Its response? Lay off almost 700 workers.

https://www.npr.org/2023/10/16/1206158638/linkedin-layoffs Apparently record profits is not a good reason to maintain the way things are. This is proof that hard work and the resultant profits are still not enough to keep you employed. “In its most recent quarterly report released in July, LinkedIn said its revenue increased 5% year over year and surpassed $15 billion for the first time. Website membership also grew for the past eight quarters to more than 950 million accounts. LinkedIn said in its May layoff announcement that despite revenue and user growth, it has been “seeing shifts in customer behavior and slower revenue growth.””