Joi Ito points out an amazing causal statistic on LinkedIn:
If you search for PeopleSoft employees who have joined in the last 30 days, you get over 3,700 results. There are 5,500 or so employees listed in total which is around half of their employees. It probably has something to do with the fact that 6,000 PeopleSoft employees are supposed to get the axe today.
Socialtext is looking for good people, I might add. Engineers, designers, sales and customer support. Just contact me through LinkedIn.
UPDATE: This post referenced in National Business Review.
LinkedIn Jobs was launched, posts leverage overlaid reputation, references and relationships