Tag: LinkedIn

LinkedIn lays off 716 employees, shuts China app

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New Delhi: Microsoft-owned LinkedIn has laid off 716 employees, as the company makes changes to its Global Business Organisation (GBO), along with shutting down its InCareer app in China.
The company’s CEO Ryan Roslansky said in an email to employees that the move was aimed at streamlining the company’s operations.
“As we guide LinkedIn through this rapidly changing landscape, we are making changes to our Global Business Organization (GBO) and our China strategy that will result in a reduction of roles for 716 employees,” he wrote late on Monday.

“If your role is directly impacted by this decision, you will receive a calendar invitation within the next hour for a meeting with a leader from your team and a representative from our GTO,” he added.
He admitted that while the platform is making meaningful progress creating economic opportunities for its members and customers and experiencing record engagement on the platform, “we’re also seeing shifts in customer behaviour and slower revenue growth”.
“In an evolving market, we must continuously have the conviction to adapt our strategy in order to make our vision a reality,” said the CEO.
LinkedIn saw record engagement in the March quarter as more than 930 million members globally now turn to the professional social network to connect, learn, sell and get hired.
The LinkedIn revenue increased 8 per cent in the March quarter for the tech giant. In 2016, Microsoft acquired LinkedIn for more than $26 billion.

The company was also in the process of discontinuing product and engineering teams in China and the downsizing of corporate, sales, and marketing functions.
Roslansky said that they will focus China strategy on assisting companies operating in China to hire, market and train abroad.
“As we plan for FY24, we’re expecting the macro environment to remain challenging. We’re adapting as we have done this year and will continue to operate with the ambition we need to deliver on our vision and the pragmatism required to run the business well,” said the CEO.
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#LinkedIn #lays #employees #shuts #China #app
( With inputs from www.siasat.com )

May 9, 2023
LinkedIn now has 100 mn members in India: Satya Nadella

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New Delhi: Professional social networking platform LinkedIn now has 100 million members in India, up 19 per cent year-on-year, Microsoft Chairman and CEO Satya Nadella has informed.
The Microsoft-owned LinkedIn saw record engagement in the March quarter as more than 930 million members globally now turn to the professional social network to connect, learn, sell and get hired.
“Member growth accelerated for the seventh consecutive quarter as we expanded to new audiences. We now have 100 million members in India, up 19 per cent,” Nadella said during the company’s Q3 2023 earnings call late on Tuesday.

As Gen Z enters the workforce, “We saw 73 per cent year-over-year increase in the number of student sign-ups,” Nadella added.
LinkedIn Talent Solutions continues to help hirers connect to job seekers and professionals to build the skills they need to access opportunity.
“Our hiring business took share for the third consecutive quarter. The excitement around AI is creating new opportunities across every function from marketing, sales and finance to software development and security,” said Nadella.
The LinkedIn revenue increased 8 per cent in the March quarter for the tech giant. In 2016, Microsoft acquired LinkedIn for more than $26 billion.
The platform has introduced new AI-powered features, including writing suggestions for member profiles and job descriptions and collaborative articles.

“Our exclusive partnership with Netflix brings differentiated premium video content to our ad network, and our new Copilot for the web is reshaping daily search and web habits,” Nadella informed.
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#LinkedIn #members #India #Satya #Nadella
( With inputs from www.siasat.com )

April 26, 2023
LinkedIn introduces new ways to verify identity, work

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San Francisco: Professional networking platform LinkedIn has introduced new ways to verify your identity and where you work as part of verification, which will be free for all members.
“Starting today, we’re rolling out three additional ways to verify your identity and where you work. We believe verification should be for everyone on LinkedIn, that’s why every feature will be available and free to all our members,” LinkedIn said in a blogpost.
LinkedIn is partnering with CLEAR, a secure identity platform, to provide verification for its members in the US.

Starting this month, users can display on their profile that they verified their identity with CLEAR and to do so, all they need is a US government-issued ID and phone number.
Another way includes verifying “where you work with your company email”.
Users now can verify where they work using their company-issued email addresses.
According to the company, around 50 million members globally are on LinkedIn, and there are over 4,000 companies, and this is one more way to demonstrate the authenticity of your profile.
The company said that it will be rolling this feature out to more companies and expanding eligibility.

Moreover, LinkedIn members can also verify where they work with Microsoft Entra.
The company is partnering with Microsoft to allow organisations to leverage the Microsoft Entra Verified ID platform to issue digital workplace IDs for free, enabling workers to display the verification on their LinkedIn profiles.
The feature will be rolling out at the end of April, and the company plans to make this available to dozens of participating companies reaching more than two million LinkedIn members.
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#LinkedIn #introduces #ways #verify #identity #work
( With inputs from www.siasat.com )

April 13, 2023
LinkedIn introduces collaborative articles powered by AI

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San Francisco: Professional networking platform LinkedIn has introduced a new feature called — “collaborative articles”, which will use “AI-powered conversation starters” to begin discussions between “experts” on the platform.
The company will match articles with relevant members based on its skills graph, inviting them to contribute context, extra information, and advice for the articles, reports The Verge.
Moreover, the company believes that the system will make it easier for people to contribute their perspectives because “starting a conversation is harder than joining one”.
People can respond to the experts’ contributions with an “insightful” reaction.
“The bodies of the articles are powered by AI, based on prompts created by and constantly refined by the company’s editorial team,” LinkedIn spokesperson Suzi Owens, was quoted as saying.
Further, the report said that the professional networking platform has chosen a “select group of experts” to contribute to the articles, saying that doing so could help boost its reputation and grow its following.
The articles also include a note in which readers can request access to contribute by liking or reacting to this article.
Last month, LinkedIn announced the “Focused Inbox” feature for a better messaging experience on the platform.

The improved LinkedIn messaging experience will make it easier for members around the globe to find and respond to the messages that matter most, said the company.
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#LinkedIn #introduces #collaborative #articles #powered
( With inputs from www.siasat.com )

March 5, 2023