Feeds

Monster grabs Yahoo! jobs

Carol Bartz cuts continue

Internet Security Threat Report 2014

Giant jobs site Monster.com is about to get bigger - it has bought Yahoo!'s HotJobs.

In return, Yahoo! gets $225m and a three year traffic deal which will see Monster supply it with job adverts for its US and Canadian sites. The deal also gives Monster an exclusive right to negotiate with Yahoo! for similar deals in Europe and other territories.

Monster said the takeover gave them a better foothold in several US states, and improves its coverage of healthcare, finance, insurance and retail jobs.

It also increases its audience - HotJobs claims 12.6m monthly visitors, and gains partnerships with 600 newspapers - papers still account for about half of all recruitment advertising spending, Monster said.

It also expects to see significant improvement in its key metric - number of responses per advert.

And as for Hotjobs staff, they might soon be using their own services - Monster warned: "We will naturally look for efficiencies and best ways to operate the business."

The deal will also need approval from regulators. Although smaller, specialised recruitment sites have had something of a resurgence lately there will still be competition concerns.

Full press release is here.

®

Beginner's guide to SSL certificates

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.