LinkedIn is closing its Tel Aviv development center
Published
The social network company LinkedIn has announced that it is closing its development center in Israel. The center is located in Tel Aviv, and all of its employees will be laid off.
The center's activities focused on technology, engineering, and product. The center's staff worked on developing products and tools that the company uses around the world. According to the report, dozens of employees are affected.
The closure of the center is part of changes that the company has been making recently. Many technology companies around the world are cutting back operations and laying off employees, and in Israel too this has an impact on the job market in the high-tech sector.
The company did not detail all the reasons for the decision in its report. Nevertheless, the implication is clear: dozens of people will lose their jobs, and a large development center of an American company in Israel will be shut down.
Sources: Calcalist
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