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Can't see how you're on it if you didn't sign up - you have to create a profile, a log-on, provide an email address etc.

If you say you're not interested, they'll almost always ask if you know anyone who might be - always looking to add people to their database.......

Think you're right - it's very heavily used in banking/financial services.....

Pretty much sums it up. Not just headhunters though - my firm (and loads of others) have an army of people that are paid to surf it looking for potential candidates (because it's on the face of it cheaper than using headhunters). The newsfeed stuff is mostly either boring, or advertising...