Microsoft's recruitment costs have been slashed thanks to LinkedIn.
What's more, it's not alone according to a report on Personnel Today's sister site Computer Weekly by Karl Flinders: Will LinkedIn and Second Life kill the recruitment industry? Here's an extract:
...Microsoft recruiter Declan Fitzgerald used that fact to his advantage when he was asked to find nine workers with niche IT skills to work on a security project.
"Finding nine techies with skills in the rare Assembly and X86 software languages is not that easy and traditional methods would not work," says Fitzgerald.
By using social networking site LinkedIn he was able to find suitable people and saved about £60,000 in recruitment company fees...
Recruitment agencies, indeed the entire recruitment industry of job boards, headhunters, agencies and marketeers, are clearly entering uncertain times, as exemplified by an opinion piece by Hire Strategies' Peter Gold for Personnel Today last month, Recruitment agencies: the fight for survival, one of our most read articles in June.
So how do you think it will all shape up? Are articles such as Peter's and Karl's Barkers up the wrong tree, or are they stating the inevitable?
