![]() In addition, Microsoft’s acquisition of EduBrite will allow workers to earn professional certificates directly on LinkedIn, the company announced. Nadella also noted there are more than 150 million subscriptions to newsletters on LinkedIn, a four-fold increase year over year. Satya Nadella, Microsoft CEO said: “We once again saw record engagement among our more than 875 million members, with international growth increasing at nearly two times the pace as in the Unites States, in the first-quarter conference call with analysts.” Still, the company reported high levels of engagement on LinkedIn. However, Microsoft warned of a hiring slowdown impacting LinkedIn when announcing upcoming guidance.Īmy Hood, Microsoft CFO commented: “For LinkedIn, we expect continued strong engagement on the platform, although results will be impacted by a slowdown in advertising spend and hiring resulting in mid-to- high-single-digits revenue growth or low to mid-teens growth in constant currency.” The increase was driven by LinkedIn’s talent solutions recruiting business. The increase as measured in constant currency was 21%. has reported that LinkedIn revenue rose 17% to $3.66 billion in the company’s fiscal first quarter ended Sept. Hiring slowdown could impact future results
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