UPDATE, 4:35pm: A Linden Lab spokesperson passed along this statement: "[W]e have not had major layoffs. As with all companies, occasionally at Linden there are minor team reorganizations to optimize things internally."
A highly reliable source tells me Linden Lab recently made workforce staff reductions. This may or not be related to a former Linden staffer on Glass Door claiming "Massive layoffs, but got rid of the wrong people" last week. According to my source, however, this most recent layoff impacted about a dozen employees: "It was like one person from each department, totaling 12, I believe," my source tells me. "I think it's mostly shared staff -- web stuff, IT stuff, payment stuff."
Linden Lab has about 200+ employees, so this would be a relatively modest work staff reduction. (I have, of course, asked Linden Lab for comments on this report and will update this post when and if they reply.) Contrast, for instance, with the 2010 layoff which cut 30% of Linden Lab staff.
In any case, it's still a noteworthy reduction, pointing to two likely factors: