February 28, 2018 / 2:32 PM / 2 years ago

Facebook expands presence in jobs market

FILE PHOTO: Facebook logo is seen at a start-up companies gathering at Paris' Station F in Paris, France on January 17, 2017. REUTERS/Philippe Wojazer/File Photo

(Reuters) - Facebook Inc said on Wednesday it was expanding the jobs section on its social network, as it looks to compete in a market dominated by Microsoft Corp’s LinkedIn.

The expansion marks the tool’s international rollout a year after it was launched in the United States and Canada.

The tool will now be available to users in 40 countries, Facebook said in a statement.

The company also said it plans to invest about $1 billion in its teams, technology and new programs in 2018.

Reporting by Shariq Khan in Bengaluru; Editing by Maju Samuel

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