LinkedIn is reportedly cutting about 5% of its global workforce, or roughly 875 jobs, as the company reorganizes teams and shifts resources toward faster-growing parts of its business. Despite the layoffs, LinkedIn has continued to perform well financially, posting a 12% increase in revenue this year through its recruiting services and premium subscriptions. Sources told Reuters that the cuts were not driven by AI automation.

The layoffs are part of a broader restructuring effort at Microsoft, LinkedIn’s parent company, which has already reduced thousands of roles across engineering, product, and sales teams in recent months. Microsoft has also introduced voluntary retirement buyouts for some U.S. employees as it works to streamline operations.

For the Canadian job market, the move highlights continued instability in the global tech industry, even among profitable companies. Canadian workers in software, recruiting, and digital services may face increased competition for roles as large tech firms reduce hiring and restructure teams. However, demand for experienced professionals in AI, cloud computing, cybersecurity, and enterprise software remains relatively strong across Canada’s tech sector.

Have you been terminated by LinkedIn in Canada? Contact our employment lawyers today. Our legal team may offer a free case assessment and works on a contingency basis —there are no fees unless you win your case.

Colleen Cabili’s original article, “LinkedIn layoffs 2026: company cutting 5% of workforce” was published in Yahoo Finance News on May 13, 2026. Read the Full Yahoo Finance News story.

We cannot assist unionized employees, and if you are a member of a union, you should speak to your union representative before consulting with a disability lawyer about your workplace issue.