Irish unit now accounts for about 38% of the professional networking site’s revenue worldwide
Revenues at the main Irish unit of LinkedIn jumped more than 15 per cent to $5.3 billion last year, more than a third of the so-called professional social network’s turnover globally.
Numbers employed rose by 449 from 1,787 to 2,236 as staff costs increased from $294.2 million to $322.54 million. In another post balance sheet event, a note states that in April 2023, the Irish Data Protection Commission issued a draft decision alleging EU GDPR violation and proposed a fine. In June, Microsoft said it set aside about €400m for a potential fine.
The Irish based business of LinkedIn manages the company’s operations in Europe, the Middle East and Africa .
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