I work in Property/Finance and have had multiple job offers through LinkedIn. Use it regularly and find it very useful
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The good news is, those people end up getting jobs working at 7/11 or driving a taxiI find it's full of recruiters who post nothing ads.
'I've got a number of roles in xyz' followed by a heap of people commenting 'interested, look at my profile' then nothing.
If there's no real details of external link to the company page, Seek etc. then it's just bullshit.