The world’s largest social networking website Facebook now wants to be a job openings platform too. The California-based company has added a jobs tab on its page, in a move that could potentially challenge the position of professional networking site LinkedIn.
Facebook Inc (FB.O) said on Monday, it was testing a feature that would let page administrators create job postings and receive applications from candidates, a move that could pressure LinkedIn Corp’s (LNKD.N) recruiting business.
“Based on behavior 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 company spokesman told.
What’s unclear at this time is if Facebook plans to monetize this service. LinkedIn makes a hefty chunk of its revenue by tapping job hunters and recruiters who pay a monthly fee to connect. These individuals are then able to contact potential employers, post a resume, and connect with people within the corporate social hierarchy.
Facebook’s jobs feature would have the unfortunate task of trying to mix business and pleasure, something most of us are probably doing on the platform anyway. For job seekers and employers though, this could be great news. Tapping the world’s largest social network for potential jobs — or the best hires — makes a lot of sense.
In October, Facebook launched Marketplace to allow people to buy and sell items locally as the social media network tries new ways to keep its users engaged.