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LinkedIn Isn’t Recession Proof Either

Started by Nick O'Neill · 8 months ago

Last night Techcrunch posted that LinkedIn was laying off 10 percent of their staff. Just a couple weeks ago the company announced that they had raised $22.7 million in a round of funding from SAP Ventures, Goldman Sachs, and McGraw-Hill. At the time it wasn’t clear that the comp ... Continue reading »

2 comments

Harold Cabezas
8 months ago

Thanks, Nick, great post. Your post's title really surprised me as I, like you said, had just read about LinkedIn.com's strong increase in funding recently. 2009 will be interesting, to say the least.

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Allan
8 months ago

The amount of layoffs is increasing daily. Much of the publicized cuts are coming out of prominent companies. I can only imagine how big the situation really is with the less well known new media, social networking, and software companies making mass layoffs that aren't getting as much attention.

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