Linktree sacks 17% of employees in latest round of tech pink slips

Australian runaway success story Linktree has fired 17 per cent of its staff, with the social media startup’s foun­der confirming the latest casualties in a worldwide tech bloodbath.

“Today I shared the difficult news with our team that Linktree is reducing our global workforce by 17 per cent in order to emerge stronger from the economic downturn,” chief executive Alex Zaccaria said in a LinkedIn post.

With a reported 300-strong workforce, the mass layoff amounts to about 50 staff members.

“Our people have built Linktree into what it is today: trusted by millions of people around the world. I’m heartbroken to say goodbye