:

LINKEDIN CUTS JOBS AS TECH LAYOFFS CONTINUE

INDUSTRY DESK1 MIN READ
THU, MAY 14, 2026

■ AI-SUMMARIZED FROM 5 SOURCES ▸ TIMELINE

Microsoft's LinkedIn is laying off workers as the tech industry continues reducing headcount amid AI investment shifts. The cuts mark the latest round of workforce reductions across major tech companies.

LinkedIn joins a growing list of tech firms trimming staff in recent months. The layoffs reflect broader industry trends as companies restructure operations and reallocate resources toward artificial intelligence development. Major tech companies including Amazon, Google, Meta, and others have announced significant job cuts since late 2022. These reductions have affected thousands of workers across engineering, sales, and support roles. LinkedIn, which Microsoft acquired in 2016 for $26.2 billion, operates as the company's professional networking division. The company has not disclosed specific numbers of affected employees or affected departments. The cuts occur as Microsoft accelerates its AI strategy through partnerships and product integration across its suite of services.

■ SOURCES

Hacker NewsThe VergeBloomberg TechTechmemeEngadget

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE BIG TECH DESK

Apple is reportedly redesigning the iPhone interface around a redesigned Siri. The overhaul marks a significant shift in how the voice assistant integrates with iOS.

MAY 29Industry Desk

Tencent is shifting strategy toward smaller AI models to compete with Chinese rivals. Executive Vice President Dowson Tong revealed that AI now accounts for over 20% of the company's revenue and generates 95%+ of new internal code.

MAY 29AI Desk

Dell reported Q1 revenue of $43.84B, up 88% year-over-year and significantly above the $35.43B analyst estimate. The company also issued FY 2027 guidance above expectations, sending shares up 15% in after-hours trading.

MAY 29Industry Desk

Anthropic, the company behind Claude, has raised $65 billion in funding to reach a $965 billion valuation, surpassing OpenAI as the most valuable AI startup. The massive funding round reflects continued investor appetite for artificial intelligence companies.

MAY 29AI Desk

■ SUBSCRIBE TO THE DAILY BRIEF

ONE EMAIL, 5 STORIES, 06:00 UTC. UNSUBSCRIBE ANYTIME.