Bad News For Workers Is Good News For Linkedin


Where everyone else sees economic gloom and doom, Reid Hoffman sees opportunity.

As the freshly minted CEO of LinkedIn (and its founder), he is shepherding a moneymaking tech company in battered Silicon Valley. And he anticipates more growth next year.

That is no small achievement. The social-networking site, which lets business professionals create online profiles to seek jobs and network, is adding members faster than ever despite its own recent layoffs and a management shake-up.

With fewer jobs available, Hoffman and others expect a rush in online business networking. “Many people – employed or not – will do project work as consultants, and look for clients,” he says.

“Every individual is a small business or brand,” Hoffman says.

Photo by Linkedin.

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