Social Networks Playing a Bigger Role for Investment Banking Job Seekers

Online networks for professionals such as LinkedIn and Xing have seen a huge spike in business since the financial crash. The industry’s top site, LinkedIn, for instance, has noticed a 25 percent boost in new people registering, according to Reuters.

The story quotes Kevin Eyres, head of LinkedIn’s operations in Europe as saying the service is “growing by almost one new user each second.” Membership in LinkedIn has leaped from 18 to 31 million, with the biggest activity in media, education, technology, and, not so surprisingly, financial services. With recruitment in financial services being hammered by the crisis, more professionals are using these services to widen their network of contacts in their search for investment banking and other financial services jobs.

Bookmark and Share

Comments on this entry are closed.

Previous post:

Next post:

Real Time Web Analytics