Issues with New Limit Per Company Feature for Job Searches

Anyone else seeing the new "limit per company" feature just strait up not work on limiting occurrences of job searches? Generally the most annoying part of trying to filter job searches for tech stack is filtering our recruiters 1000+ spam post. (for 700 unique companies from 5,000+ results since I only have the 5,000 limit) So pretty stoked if this actually works for what I understand it's supposed to do.