- Engagement hit a record high at
LinkedIn in the last quarter of 2021 amid theGreat Reshuffle . - LinkedIn ad revenues rose 37% on-year, contributing to a 21% jump in quarterly profits at its parent company
Microsoft .
Tech giant Microsoft has gotten a boost from the $4 as the trend's driving more people to use its LinkedIn
LinkedIn's engagement hit a record high in the last quarter of 2021, Microsoft CEO Satya Nadella said in a conference call with analysts and investors on Tuesday. LinkedIn ad revenues rose 37% from a year ago, contributing to a 21% jump in profits at parent company $4 for the quarter ending December 31.
"We are experiencing a Great Reshuffle across the
As employers and employees search for new options, people landing a job via the platform increased 110% in 2021 from a year ago, Nadella continued.
$4 strong growth is despite the platform shutting down its local version in China late last year following criticism over censorship.
The career networking $4 — a 12% increase over its $4 membership numbers. It does not specify how many members are paying members versus free users.
Microsoft $4 for $26.2 billion in 2016 and is the tech giant's largest acquisition to date — though its latest $70 billion deal to buy Activision Blizzard would top that.