LinkedIn has no plans to make COVID-related layoffs until at least June 2020, the professional network has confirmed to TechCrunch. This announcements comes after Salesforce CEO Marc Benioff’s pledge last month to have no significant layoffs for the next 90 days.
Other business leaders such as Bank of America’s CEO Brian Moynihan and Morgan Stanley’s CEO James Gorman have also agreed to pause any potential layoffs until the end of 2020.
Layoffs are trickling down to all industries, starting in the hospitality and travel industry and moving to recruitment startups and scooter companies. Microsoft-owned LinkedIn, which serves as a social media platform for professionals and recruiters alike, is thus poised to be a critical connector for those laid off.
So as job security remains on