Professional networking platform LinkedIn is set to lay off more than 600 employees across the United States as part of a fresh restructuring exercise.
According to reports, 606 employees were informed last week that they would be permanently laid off, with the job cuts expected to take effect from July 13.
The layoffs were reportedly signalled earlier this month in an internal memo by LinkedIn CEO Daniel Shapero, who said the company was reorganising operations to focus on long-term priorities and improve efficiency across teams.
Shapero reportedly said employees from multiple departments would be affected. Reports also stated that the company plans to reduce spending on marketing campaigns, vendor costs, customer events and underused office spaces to focus resources on higher-return projects.
Most of the layoffs are expected in California, where around 352 employees may lose their jobs. Another 66 remote workers linked to the same office were also reportedly affected.
Among the impacted locations, the San Francisco office is expected to see 108 layoffs, while 59 employees in Sunnyvale and 21 workers in Carpinteria may also lose their jobs.
The latest layoffs come as several major tech companies continue restructuring and cutting jobs to prioritise investments in artificial intelligence and automation.
Reports suggested that LinkedIn was considering reducing nearly 5% of its global workforce of around 17,500 employees, which could impact over 800 workers worldwide.
The timing of the layoffs has drawn attention because the company had recently reported a 12% year-on-year increase in revenue in its third-quarter earnings.