LinkedIn cuts 716 jobs as it phases out its China app
TechCrunchJUL 2023
LinkedIn has and continues to prioritize business profitability over the values of free speech. While claiming to support "freedom of expression," it censored posts about the Tiananmen Square massacre and hid journalistic posts from its users. The company may have shut down its Chinese app, but that doesn't absolve it from appeasing the CCP for financial gain.
LinkedIn's decision is the result of multiple factors, including a volatile tech market and increasing regulatory oversight from Beijing. As are all major players in the industry, the company is trying to deal with domestic Chinese competition and the wider global economic downturn to retain jobs and reach users in as many areas as possible.