LinkedIn to Raise Prices on Recruiting Products
LinkedIn plans to raise the rates on its “Recruiter” product in the U.S. and select regions during the second fiscal quarter, CFO Steve Sordello said in the company’s earnings call on Thursday. Sordello did not give specifics on the amount of the price hike, but said to expect a “mid-single-digit increase” in revenue derived from the hike. On the call, CEO Jeff Weiner noted this was the first price increase in the product’s history.
