Search results for "LinkedIn"

LinkedIn skyrockets to $10 billion in revenue for the first time

For the first time, LinkedIn has officially surpassed $10 billion in annual revenue, five years after Microsoft announced its decision to acquire the platform for more than $26 billion, the company reported on its recent fiscal report released on Tuesday. Although Microsoft did not exactly reveal the number of the profits and losses made, officials did state that LinkedIn’s revenues were up by 46 percent in […]

LinkedIn laying off nearly 1,000 amid hiring slowdown

NEW YORK (AP) — LinkedIn is laying off nearly 1,000 employees, approximately 6% of its workforce globally, with unemployment in the U.S. above 13% and national economies from Europe and Asia, to the Americas, shrinking due to the pandemic. The outbreak has disrupted commerce globally, closing thousands of businesses while forcing others to furlough large […]