Comment Yes... at least if you're in the tech industry (Score 2) 201
A few years ago, I used LinkedIn to locate recruiters at a large tech company. I cold emailed those recruiters, and that led to an interview which led to a job. These days, I am contacted by recruiters at other large tech companies once every few months via LinkedIn.
YMMV, of course. But I continue to find LinkedIn very valuable. I know that when I decide to move on from my current company, LinkedIn will make it much easier to do so.