LinkedIn CEO passes 2016 stock package to employees


  • TECH
  • Thursday, 03 Mar 2016

Bonus for workers: LinkedIn Corp said on March 2 that Chief Executive Jeff Weiner will decline his 2016 annual stock compensation in order to pass it on to his employees at the professional social network. — Reuters

LinkedIn Corp said on March 2 that Chief Executive Jeff Weiner will decline his 2016 annual stock compensation in order to pass it on to his employees at the professional social network.

The move follows LinkedIn's disappointing first-quarter revenue and profit forecast that missed Wall Street estimates last month as growth slows in the company's ads business and its hiring services face pressure outside North America.

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