Sure. I haven't worked a traditional office job in nearly 20 years, but when I was working IT, I frequently exchanged social media information (Myspace/Facebook) with co-workers. However, I also never shared anything on social media I wasn't willing to share in-person. Networking is always important. I've gotten client leads from those old co-workers many many years later, and also found a great job placement for one when an opportunity that fit them came by.
Uhmmm. I'm biased here because I never worked 9 to 5 and I'm a freelancer / small agency but I do add people I meet on events to LinkedIn and I don't use Facebook for personal stuff really, only to get clients and yes, I do add other freelancers to my fb contacts eh.
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