Microsoft confirmed that LinkedIn generated $1.7 billion in revenue for premium subscriptions from its LinkedIn business social network in 2023, and subscriber numbers went up 25 percent that year.
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A new feature for LinkedIn Premium subscribers will let job hunters use generative AI to create messages for hiring managers. The feature uses info from the job seeker's and the manager's profiles
After many user reports, Microsoft acknowledged a bug in LinkedIn that prevents users from successfully canceling their Premium subscriptions, leading to them being billed for unintended terms.
LinkedIn has introduced "peer benchmarking" feature for its Premium members to track, compare and get better insights on companies of their choice for better recruitment opportunities.
