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I disagree strongly. LinkedIn's primary purpose is connecting talent with people who want to hire that talent. Spending my work time looking for a new job would be bad. Recruiting people for a new venture I'm starting while at a work event would also be bad. Doing either of these on linkedin is more than acceptable, it's the whole point.

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If you are using a company account under which you represent the company, you presumably are doing things the company wants -- such as recruiting others to come work for that company. You also are subject to the company's policies, just as if you were interacting with someone in the office.

None of this should be surprising to anyone.

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