According to MSNMoney, LinkedIn could be in trouble.
Facebook, with the enthusiastic backing of the Department of Labor, just revealed a new job-board application to help many of the social network's one-billion-plus users get back to work.
The platform -- which partners with Monster.com, BranchOut, and Work4 Labs, among others -- aggregates 1.7 million openings from recruiters, allowing job-hunters to sift through listings by location, industry, and skill, or share job openings through their network.
Facebook insists that it's not entering the recruiting industry, a statement that "appears far-fetched given the capability of the application," says J.J. Colao at Forbes.
And of course, Facebook's expansion could spell bad news for LinkedIn, a site for professionals that, with 187 million users, has apparently faced some growth concerns from investors.
Will Facebook's job board kill LinkedIn?
Read the entire story here: http://money.msn.com/top-stocks/post.aspx?post=48cc8bfb-1c2e-4d91-8a36-34c408645264
