The shift in culture has reportedly led to a decrease in employee morale, with some employees claiming they no longer understand the company's vision or feel excited to come to work. However, some employees view the layoffs and increased focus on performance as a necessary course correction, arguing that the company had become bloated and many were working on features that saw zero adoption. Despite the internal turmoil, LinkedIn's parent company, Microsoft, has seen its share price rise 61.2% in the last year.
Key takeaways:
- LinkedIn's company culture has seen a significant shift over the past year, with an increased focus on performance and efficiency, leading to layoffs and the end of certain perks.
- The company's senior leaders are pushing for a "scrappy" approach, particularly in the age of AI, leading to a push for the rapid rollout of AI products.
- Employee morale has reportedly suffered due to these changes, with tensions spilling over into a company-wide meeting where one employee publicly claimed they had faced retaliation and discrimination.
- Despite the negative impact on morale, some employees believe the changes were necessary for the company's growth and efficiency, particularly in light of stagnation in product adoption.