LinkedIn joins the ranks of tech companies cutting jobs, eliminating 716 positions from its workforce of 20,000. Additionally, the business-oriented social media network plans to gradually discontinue its job application in China.

According to a letter from CEO Ryan Roslansky, the decision was made to streamline the company's operations. Over the past six months, major companies such as Amazon, Microsoft (LinkedIn's parent company), and Alphabet have also announced job cuts.

"To adapt to the volatile market and evolving customer demands while improving our effectiveness in emerging and growing markets, we are increasing our reliance on vendors," stated Mr. Roslansky in his letter.

He further mentioned that these changes would lead to the creation of 250 new positions, which employees affected by the reductions in sales, operations, and support teams would be eligible to apply for.

Following its previous partial withdrawal from China in 2021 due to a "challenging environment," LinkedIn will also gradually discontinue its remaining app, InCareers, which exclusively caters to the Chinese market, by August 9th.

According to a spokesperson from LinkedIn, the company intends to maintain a presence in China in order to assist companies operating within the country in their hiring and employee training efforts outside China.

LinkedIn has been the sole prominent Western social media platform operating in China.

Upon its launch in 2014, the company had agreed to abide by the regulations imposed by the Chinese government as a condition to operate within the country.

During that time, US Senator Rick Scott criticized this move as a "blatant appeasement and an act of submission to Communist China" in a letter addressed to LinkedIn CEO Ryan Roslansky and Microsoft CEO Satya Nadella.