Facebook Takes On LinkedIn With New Job Listing Feature
Facebook is launching a new initiative to take on job listing sites like LinkedIn and Glassdoor. Cheddar Senior Reporter Alex Heath spoke with Facebook VP of Local Alex Himel about the launch of this product in an exclusive interview.
"Local is about building tools for connecting people and businesses," said Himel. "We're working on a lot more tools where users can find what they are looking for."
Facebook announced plans Wednesday to expand its job listing feature to more than 40 countries.
"We've seen good results for businesses, and we've seen a lot of people able to find work," said Himel.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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