Facebook goes after LinkedIn with job posting feature

Facebook is going after another big social network. This time, it’s taking on LinkedIn with a new feature it’s testing. Facebook is letting page administrators create job postings and receive applications from candidates on its platform. This feature is earning LinkedIn most of its revenue. The social network for business, as it is known, LinkedIn users pay a monthly fee to post resumes and connect with people. It’s a venue for job hunters and recruiters to meet. If Facebook enters the picture, this might spell trouble for LinkedIn. Having job postings on Facebook pages could drive traffic for these companies and give Facebook another revenue stream. 

Source: Reuters