They're probably rapidly opening + closing new jobs to increase visibility, as matching models on job boards tend to prioritize new posts.
I have a candidate that I want to hire (say a recommendation, a referral, or someone I just want to give a job to) my internal processes may mandate that the job needs to be “advertised”.
So it gets advertised - and what do you know - the only applicant that fits the bill is this one person…
your company raised a bunch of money during the ZIRP era, your company needs to hire a large amount of H1Bs, you're a founder of 3-5 person startup that's been default dead - but your ego won't allow you to shut down the company or make it a 'lifestyle' company that's not attractive to VCs + many other factors
that's how you end up with endless jobs on LinkedIn.
Indeed has better signals.