Time for a Twitter hiring binge?November 8, 2013: 12:25 PM ET
Now that Twitter has gone public, the social media company could be poised for a hiring binge.
Twitter raised about $1.8 billion through its initial public offering Wednesday. As of Friday, Twitter had 249 jobs listed on its website, ranging from software engineers to customer service agents who speak Indonesian, Japanese, Korean and Russian.
If hiring by Facebook and LinkedIn are any indication, Twitter's job postings could double in the months ahead.
After Facebook's IPO in May 2012, it more than doubled its job listings from about 400 to 860 open positions in a span of just six months, according to jobs tracked by WANTEDAnalytics.
Hiring also doubled at LinkedIn in the 10-month period after it debuted on the New York Stock Exchange in May 2011.
Jobs are booming in the broader Silicon Valley region. According to the Bureau of Labor Statistics, the San Francisco and San Jose region has added 70,000 professional and business service jobs in the last three years.
"Anytime you have a significant tech-pillar IPO -- and Twitter is one of them -- that imbues Silicon Valley and the tech industry with more confidence," said Dan Finnigan, CEO of Jobvite. "Wall Street's confidence also grows. If investors are more confident in investing in early-stage customer engagement companies on the hopes of future revenue growth, that creates more investment in tech companies and generates more tech hiring."