New Delhi, April 16 -- LinkedIn has confirmed a 20 percent decline in hiring since 2022, but the professional networking platform says artificial intelligence is not driving the ongoing slowdown, as per a TechCrunch report citing an interview at the Semafor World Economy summit.

LinkedIn's chief global affairs and legal officer, Blake Lawit, while speaking at the summit pushed back against the idea that AI was responsible for the slowdown in hiring and instead blamed the broader decline in hiring is more closely tied to rising interest rates.

"At LinkedIn. we have an economic graph which is over a billion members. We've got companies, jobs, skills. It's really an amazing real-time view of what's happening in the labor market. And we've ...