LinkedIn, owned by Microsoft, is reportedly planning to cut 5% of its workforce, equating to around 875 employees. This announcement is expected later today and arises from the company's need to reorganize teams and concentrate on areas of growth, despite experiencing a 12% increase in year-on-year revenue. Currently, LinkedIn employs over 17,500 full-time staff globally and has more than 1.3 billion members. The layoffs are not attributed to an AI takeover of jobs, but rather to strategic adjustments within the company. The tech industry as a whole has faced significant job cuts in 2026, with over 103,000 employees laid off across various companies so far this year. Notably, Oracle has laid off 30,000 employees in March 2026 as part of a broader organizational change. Other tech giants, including Meta, are also planning substantial layoffs, reflecting a trend towards reducing workforce numbers to allocate more resources for investments in AI infrastructure.