Facebook taking on LinkedIn with a new job feature
After revealing a competing service to Craigslist and eBay with the release of Facebook Marketplace, it seems Facebook is now ready to take on LinkedIn.
The company recently stated that it was testing a feature that allowed administrators to create job postings and receive applications from interested candidates.
“Based on behaviour we’ve seen on Facebook, where many small businesses post about their job openings on their Page, we’re running a test for page admins to create job postings and receive applications from candidates,” a Facebook spokesperson told Reuters.
It is unclear the direction Facebook is to take and if they plan to monetize this service. LinkedIn makes a significant portion of its revenue through job seekers and recruiters which pay a monthly fee to connect. These individuals are then able to contact potential employers, post a CV, and connect with people within the corporate social hierarchy.
Facebook’s jobs feature may be a difficult task to implement, without making the business platform relatively corporate. However, for job seekers and employers, this could be great news – the ability to take advantage of the world’s largest social network for potential jobs, or seeking the best talent out there.
There has been no word on when the service might launch but it will be interesting to see the impact it may have on LinkedIn.