LinkedIn Layoffs, New Funding

LinkedIn is laying off more than 660 workers across its engineering, product, talent and finance teams, the employment-focused social media site announced Monday.

https://www.wtnh.com/news/national/linkedin-laying-off-more-than-660-workers/

micro1, an AI-driven platform for sourcing top engineering talent has announced an oversubscribed $1.3 million investment. This funding, coupled with the initial $2 million pre-seed investment, has propelled the company’s valuation to an impressive $30 million. 

https://hrtechfeed.com/engineering-talent-recruitment-tool-lands-3-3m/

The Mom Project, a leading digital talent marketplace and community platform serving more than 1.5 million moms and 3,000+ companies, today announced the launch of SelfMade, a professional platform focused on helping moms create their personal brand and start their business.

https://hrtechfeed.com/the-mom-project-launches-program-to-help-moms-start-businesses/

MINNEAPOLIS — Yardstik, a Trust & Safety Platform built to help high-volume hiring businesses safely hire, verify, and onboard workers at scale, has raised an additional $12 million in its most recent round of funding.

https://hrtechfeed.com/screening-tool-for-trust-safety-gets-12-million/

New research from iCIMS has found that hires and openings in retail have decreased by 12% and 25%, respectively, from this time last year, while the transportation sector saw declines of 22% and 2%.

https://recruitingheadlines.com/latest-hiring-trends/