Work4, previously known as Work4 Labs, has been on our radar since the fall. Run by CEO Stephane Le Viet, a 33-year old Frenchman, the San Francisco-based company helps companies like Pepsi, Gap and Oracle recruit for entry-level and hourly positions via Facebook. For the moment, it seems to be working.
The company has posted 6 million jobs through its clients’ Facebook pages. Facebook itself began using the company to fill positions two weeks ago. “That pretty much killed any competitive threats we could’ve faced,” Le Viet laughs. BranchOut, a company that previously competed in the space, pivoted away from it last fall. Companies like Identified and Jobvite still offer competing tools.
Monthly revenue at Work4, meanwhile, is doubling year-over-year. The company is on pace to make between $5-$10 million in 2013, up from “low millions” last year.
Chosen excerpts by Job Market Monitor
via Who Would Recruit On Facebook? Try Pepsi, Gap, AIG And Oracle… – Forbes.
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Posted by emilyjames121 | July 3, 2013, 9:17 am