Home Technology LinkedIn cuts 700 jobs and closes China app

LinkedIn cuts 700 jobs and closes China app

...

By Mariko Oi

BBc reporter

LinkedIn has become the latest tech firm to axe jobs.

LinkedIn has been the only major Western social-media platform operating in China.

The social media network which focuses on business professionals will be phase out its local jobs app in China.

In a letter by the company's chief executive Ryan Roslansky, he said the move was aimed at streamlining the firm's operations.

A LinkedIn spokesperson said the firm will keep a presence in China to help companies operating there to hire and train employees outside the country.

"With the market and customer demand fluctuating more, and to serve emerging and growth markets more effectively, we are expanding the use of vendors," Mr Roslansky wrote.