'It makes companies seem strong...': As LinkedIn announces layoffs, co-founder warns tech firms may be using AI as ‘excuse’ for job cuts

Microsoft LinkedIn layoffs: LinkedIn, owned by Microsoft, has announced layoffs impacting engineering, marketing, and other teams, with co-founder Reid Hoffman urging caution against attributing all tech job cuts solely to AI. He suggests that overhiring during the pandemic years is a significant, often overlooked, factor driving these reductions. The company aims to operate more profitably by focusing on key priorities and infrastructure investments.