LinkedIn is set to terminate 716 employees and discontinue a job search application focused on China. The layoffs and closure are imminent.

The decision by the Microsoft-acquired enterprise arrives as the worldwide economic forecast diminishes and requests decline. Despite LinkedIn’s consistent quarterly revenue growth over the past year, it has joined an array of notable tech firms in reducing staff, including its proprietor, Microsoft. With roughly 20,000 individuals on the payroll, LinkedIn will be slashing positions by approximately 3.5 percent.