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    Forbes says Microsoft's Acquisition of LinkedIn could Disrupt the Hiring Process as We Know It
    If you weren't aware, Microsoft purchased LinkedIn late last year for a staggering $26B. Many wondered how this could make financial sense as it would take forever to even make back just a fraction of the initial acquisition cost.  I read an article published by Forbes Microsoft's Acquisiti [...]


    Forbes says Microsoft's Acquisition of LinkedIn could Disrupt the Hiring Process as We Know It


    If you weren't aware, Microsoft purchased LinkedIn late last year for a staggering $26B. Many wondered how this could make financial sense as it would take forever to even make back just a fraction of the initial acquisition cost. 

    I read an article published by Forbes Microsoft's Acquisition Of LinkedIn Changed The Job Search Industry In Ways We Don't Even Know Yet which made me think - wait a minute, this makes so much sense!

    The writter Rick Gillis said, "With this one fell swoop, Microsoft/LinkedIn is now in the position to create what I have maintained the business world has needed ever since the first job search document was created: a universal resume. It's a resume that is easy to read, hits all the "hotspots" that a recruiter requires, speaks to accomplishments and allows add-ons not found on a paper resume, such as video, live links and attached documents. Another bonus to the job seeker is that no matter how good or bad their resume is, it will (or could be) found and reviewed by a hiring manager due to simply being on LinkedIn. Recruiters will tell you that a lot of "diamonds" get tossed due to applicants not knowing how to play the resume-filtering game."

    He went on to list other major changes that could take place with this move;
    • There is no longer the need for a middle man.
    • Resume-filtering software could die off.
    • Staffing companies will become less vital to finding and placing hard-to-find individuals.
    • Job seekers' resumes will become much smarter due to universal formatting.
    • LinkedIn will target specific industries.
    • LinkedIn may become the repository of all resumes globally

    He summed up his article saying "Every major online player has tried at one time or another to capitalize on the job search, and it makes sense. Job search and employment, by its very nature, is something that impacts virtually every person on the planet in some way or other. If a company can corner the market on employment and monetize that capture, they win big."

    Interesting? I think so - click here to read the complete article.

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