Meanwhile, Microsoft just announced a $26.2 billion deal to acquire LinkedIn. According to the official statement , Jeff Weiner will still maintain his office as the CEO of LinkedIn and will report to Microsoft CEO, Satya Nadella.
It is reported that the deal has been stylishly approved by both parties, although the acquisition still needs approval by LinkedIn shareholders and regulators in the company.
In a statement to LinkedIn employees, Weiner said "little is expected to change" and employees will have the same titles and managers.
"The one exception: For those members of the team whose jobs are entirely focused on maintaining LinkedIn's status as a publicly traded company, we'll be helping you find your next play," Weiner said. "In terms of everything else, it should be business as usual. We have the same mission and vision; we have the same culture and values; and I'm still the CEO of LinkedIn."
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