Breaking News

Facebook threatens LinkedIn with new jobs feature

Facebook (NASDAQ:FB) is testing a feature that would let page administrators create job postings and receive applications from candidates, a move that could pressure LinkedIn’s (NYSE:LNKD) recruiting business.

What’s still unclear is if Facebook plans to monetize the service. LinkedIn makes a hefty chunk of its revenue by tapping job hunters, recruiters and employers who pay monthly fees to connect on its platform.

Ad