LinkedIn: Microsoft's LinkedIn is the latest company to be hit with layoffs, with employees in the recruiting department impacted. This comes after Microsoft reportedly announced job cuts in its hardware divisions including HoloLens, Surface and Xbox teams. The tech firm sacked 617 of its employees working in the Seattle office, according to a Bloomberg report. Twilio: Cloud communications company Twilio said it was eliminating about 17% roles and closing some offices as part of a restructuring effort to focus on profitability. The move, which is the second instance of job cuts in six months, sent the company's share up 2%. Ebay: E-commerce firm eBay Inc said on Tuesday, it will lay off 500 employees globally representing 4% of its total workforce. According to a CNBC report, in a memo to employees, CEO Jamie Iannone said the company decided to make cuts after examining the global macroeconomic environment over the past several months.