KATE THOMPSON DAVY: LinkedIn backs away from Chinese connection
The platform is restructuring amid ‘increasingly fierce competition and macroeconomic challenges’
If you count from the date of launch, LinkedIn turned 20 last week. Or 21, if you’re looking at date of establishment. To celebrate — or entirely coincidentally — it will be firing more than 700 staff from its Chinese operations and shuttering InCareer, the pared-back Chinese version of the site.
It is an interesting move from this, the dependable older sibling of the social media family. Launched in 2003, LinkedIn has outlived many a comparable platform (like MySpace, Bebo, Google+ and so on) by being somewhat incomparable, the only such platform that put work first, and proudly so. ..
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