LinkedIn plans to lay off nearly 700 staffers, mostly from its engineering teams, after cutting 716 jobs in May; source: LinkedIn is ramping up hiring in India (Jordan Novet/CNBC)

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Jordan Novet / CNBC:

LinkedIn plans to lay off nearly 700 staffers, mostly from its engineering teams, after cutting 716 jobs in May; source: LinkedIn is ramping up hiring in India  —  – LinkedIn is cutting almost 700 employees as revenue growth has slowed over the past two years.



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