"Confidential Employer"

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sirenomelia

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Can someone explain to me what would be the reason in a job posting to not disclose the identity of the group/practice? Is it as simple as not wanting a deluge of applications or cold calls about the job that they are opening? Does doing this imply anything undesirable or good about the said position?
 
My guess is that it's a recruiter, and they don't want to be bypassed and miss out on their fee if you sign. I still sporadically get those kinds of emails, having ended up on some recruiter's list somewhere, somehow.