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Search resuls for: "LinkedIn's Karin Kimbrough"


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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEmployees are leading employers in the AI adoption cycle, says LinkedIn's Karin KimbroughKarin Kimbrough, LinkedIn chief economist, joins 'Squawk Box' to discuss results from the Microsoft and LinkedIn work trend index report showing the doubling in generative AI usage at work in the last six months, why employers would rather hire a less experienced candidate with AI skills than a more experienced one who lacks them, impact of AI on the future of work, and more.
Persons: LinkedIn's Karin Kimbrough Karin Kimbrough Organizations: Employees, LinkedIn, Microsoft
Positive labor market data and GDP growth support this, but job opportunities in some sectors are down. Not all job data is positive, with job openings falling from their post-pandemic highs. Below are some of the signs the economy is thriving, as well as some warning signs. Labor market data is mostly positiveThe labor market is still stable despite gradually slowing, Kimbrough said during the forum. "I think the investment side of our economy is going to start to chip away a little bit at the discretionary consumption weight in our economy."
Persons: , Marc Giannoni, LinkedIn's Karin Kimbrough, Charles Schwab's Liz Ann Sonders, Giannoni, Kimbrough, Jerome Powell, Powell, NerdWallet's Elizabeth Renter, Sonders, They're, there’s, there's, — Kimbrough, it’s Organizations: Federal, Service, Barclays, NYU Stern Economic, Labor, Conference, University of Michigan's, Market Committee, Health, New, New York City Housing Locations: York, New York City
LinkedIn has set aside an effort to relocate its data center technology out of its physical facilities and into Microsoft's Azure cloud, according to people familiar with the matter. A LinkedIn spokesperson confirmed that the Microsoft subsidiary changed direction on Blueshift and said LinkedIn continues to use Azure. Under the leadership of Nadella, Microsoft has moved some of its acquired assets to Azure, including GitHub and Minecraft developer Mojang. More recently, Azure has gained attention because of Microsoft's investment in OpenAI, which uses Azure infrastructure for running the large language models powering ChatGPT and other products. Microsoft said in October that third-quarter revenue from Azure and other cloud services grew 29%, while LinkedIn revenue was up 8%.
Persons: Satya Nadella, Mohak Shroff, Raghu Hiremagalur, we've, Hiremagalur, Nadella, OpenAI, LinkedIn's Karin Kimbrough Organizations: Microsoft, LinkedIn, Amazon Web Services, CNBC, Nadella, Wired, OpenAI Locations: Blueshift, OpenAI
Microsoft -owned LinkedIn announced Monday that it cut almost 700 employees, with most coming from the engineering organization, according to a memo viewed by CNBC. The reductions come as the business-oriented social network has seen year-over-year revenue growth slow for eight consecutive quarters. The slimming down comes as Microsoft's overall revenue growth has slipped, pushing CEO Satya Nadella to lower costs across the company. LinkedIn is now ramping up hiring in India, according to the person familiar with the matter. Broken down there are 137 Engineering management roles and 38 Product roles being reduced.
Persons: we've, Mohak Shroff, Tomer Cohen, Satya Nadella, LinkedIn's Karin Kimbrough Organizations: Microsoft, CNBC, LinkedIn, Reuters, Engineering Locations: India
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing 'a gradual cooling' in the jobs number, says LinkedIn's Karin KimbroughCNBC's Steve Liesman and Karin Kimbrough, LinkedIn chief economist, join 'Squawk Box'' to preview the September jobs report, the impact on markets and Fed's inflation fight, the state of the labor market, hiring trends, and more.
Persons: LinkedIn's Karin Kimbrough CNBC's Steve Liesman, Karin Kimbrough Organizations: LinkedIn
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