Revenue up $500m at LinkedIn Ireland as membership swells

Recruitment platform’s Irish arm will pay $250 million in dividends to its parent company after turnover rose by 17 per cent last year

LinkedIn hired nearly 200 new staff in Ireland last year as its membership headcount rose 80 million. Picture: Getty

Turnover at LinkedIn’s Irish arm rose by nearly $500 million last year as the company increased its member headcount by more than 80 million.

Recently filed accounts for the global recruitment platform, a subsidiary of Microsoft, show it increased its Irish workforce by nearly 200 people in 2020.

The accounts show that subsequent to the year end, the company declared a dividend of $250 million (€215.6 million) which it will pay out to Microsoft Ireland ...