May 10, 2023 07:14 AM

TECH

LinkedIn Shuts Down China Jobs App in Face of Headwinds

By Zhang Erchi and Denise Jia

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What’s new: LinkedIn became the latest U.S. tech operation to significantly downsize its business in China, citing “fierce competition and a challenging macroeconomic climate.”

The Microsoft-owned social media platform for professionals will shut down its local jobs app in China Aug. 9 and cut 716 positions globally, including 174 in China, LinkedIn said Monday.

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