LinkedIn confirmed it will cut roughly five percent of its staff, equating to about 875 jobs out of its 17,500‑plus global workforce. The move marks the latest wave of layoffs among big‑tech firms and follows a memo from new CEO Daniel Shapero outlining a shift in investment priorities.

Shapero’s internal note says the company is scaling back marketing campaigns, vendor spend, customer events, and underused office space to focus on projects with the highest return on investment. Layoffs will affect the Global Business Organization as well as marketing, engineering and product teams, and include closing the Graz, Austria office.

Unlike some peers, LinkedIn did not cite artificial intelligence as a driver for the cuts. Instead, the memo emphasizes a need to “reinvent how we work” with agile teams concentrating on core priorities while shifting capital toward infrastructure. The strategy aims to boost profitability even as revenue grew 12% in the first quarter.

The layoffs arrive weeks after Microsoft, LinkedIn’s parent, began offering voluntary buyouts to roughly seven percent of its staff. While the social‑network’s revenue is climbing, the restructuring signals a tightening of cost structures across the ecosystem. LinkedIn will emerge with a leaner organization focused on its long‑term mission.