LinkedIn hits 1 billion members, provides AI options for job seekers

By Stephen Nellis

(Reuters) – LinkedIn, the business-focused social community owned by Microsoft, on Wednesday stated it now has greater than 1 billion members and is including extra synthetic intelligence options for paying customers.

Crossing the billion-users mark places LinkedIn – the place members preserve a resume-like profile of their training, work expertise {and professional} abilities – within the top-tier of social media networks that embrace rivals resembling Meta Platforms.

About 80% of latest members are signing up from outdoors of the US, the corporate has stated.

LinkedIn has a free tier of membership but additionally affords subscriptions from $30 monthly. Members of its $40-a-month tier will get new AI options that may inform a consumer, who could also be plowing by dozens of job postings, whether or not they’re an excellent candidate primarily based on the data of their profile.

The system also can suggest profile adjustments to make the consumer extra aggressive for a job.

The software is designed to assist customers go “from what was once simply seeing a job and feeling insecure to having the ability to make great progress in only one session, all the way in which in the direction of an interplay,” Tomer Cohen, LinkedIn’s chief product officer, stated in an interview.

LinkedIn additionally launched on Wednesday a button that may summarize lengthy posts into a couple of key bullet factors tailor-made for every consumer, for instance by giving a gross sales skilled a distinct takeaway than a inventory dealer.

(Reporting by Stephen Nellis in San Francisco; Modifying by Edwina Gibbs)