LinkedIn pauses new hires due to coronavirus uncertainty — read the leaked internal memo - Business Insider

LinkedIn has instituted a company-wide pause on all new hires due to economic uncertainty stemming from the coronavirus outbreak, according to an internal memo sent by VP of Talent Solutions Mark Lobosco on Friday, March 27, and obtained by Business Insider.

The memo says outgoing CEO Jeff Weiner will announce the new policy to the company's 16,000-plus employees in an all-hands meeting on Wednesday, April 1.LinkedIn CEO Jeff Weiner will announce in an all-staff call on Wednesday, April 1, that the job listings giant is pausing new hires as it struggles with fallout from the coronavirus, according to an internal memo obtained by Business Insider.

The relevant sections of the memo, which was sent by VP of Talent Solutions Mark Lobosco to members of the company's talent department on Friday, March 27, are printed in full below.that LinkedIn would pause most hiring, citing a source familiar with the matter. In a statement to Business Insider, LinkedIn Vice President of Communications Nicole Leverich said the company continues to hire in unspecified "key areas." In the face of economic uncertainty spurred by the coronavirus outbreak, she said LinkedIn is "revisiting our general hiring to ensure all future hires are aligned with the top priorities of the business."

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