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LinkedIn Interested in Buying Monster

LinkedIn Interested in Buying Monster

By Sean Patterson May 11, 2012 | 2 Comments

Reuters is reporting that “people familiar with the matter” have told them LinkedIn, the popular social network devoted to professional networking, may be interested in purchasing Monster Worldwide, the company that owns the job search websites monster.com and hotjobs.com. In …

Online Job Demand in the US Declines
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The Monster Employment index, which is a monthly gauge of U.S. online job demand, went down 29% in the past year. It actually went down a couple points after rising slightly in April. It might not be all bad news though.

Career Development Sites See Surge in Seniors
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While visits to online career development websites continue to grow, fuelled by fears of job security and increased layoffs, there’s one particular age group that has grown faster than others.

Visits to career development websites grew 20% YoY, according to Nielsen, rising 41.5 million visitors in January 2008 to just under 50 million in January this year.

Online Job Demand Rising Again
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Monster.comThe number of online jobs went up according to the Monster U.S. Online Jobs Index. The increase marked the end of a three-month decline, indicating that employers are preparing for the fall hiring season. In August, online job availability went up in 14 of the Index’s 20 industry categories and in 13 of the 23 occupational categories measured. Still, the index is 14% lower than it was a year ago.

Monster Establishing 19 New Recruitment Sites

The term "monstrous" needn’t always have a negative connotation, and to prove the point, the Monster employment company just got a lot bigger in a good way.  A full 19 co-branded recruitment sites are coming into being.

Director Steps Off Monster’s Board
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Companies’ directors don’t do much on a day-to-day basis; their departures don’t, to be honest, cause any real-world cogs to stick.  Still, it’s not too encouraging that Philip R. Lochner, Jr. left Monster Worldwide’s board of directors as the company’s stock sat near a 52-week low.

Monster Buys Affinity Labs For $61 Million Cash
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Monster Worldwide, Inc. announced the purchase of Affinity Labs‘ year old network of vertical community sites for $61 million cash today.

Noteworthy Videos
Canadians Favor Internet Guidelines At Work
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Canadians think that too much time is being wasted on personal email and Internet use at work. More than half want clearer guidelines from their employers, according to a new poll from Monster.ca.

Social Networks Positive For Job Recruiters

Sixty-eight percent of staffing and recruiting professionals say they use social networks at least occasionally to source candidates, according to an online survey from Bullhorn, "Making the Most of the New Tools: How online resources impact placement ratios, time-to-fill and profitability."

Monster Rampages With New Pricing
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The job classified competition with CareerBuilder has heated up, with Monster.com readying new strategies to fight back against the news publisher/Microsoft-controlled site.

Has Google Created A Monster?
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The Google vs. MSN Rock Em Sock Em fight provides an interesting juxtaposition. In an outcome that seems surreal, like when Tyson took a bite out of Holyfield, Google has taken so much out of Microsoft in the online arena that folks are starting to wonder if it’s a fair fight.

Job Wars: Networks Versus Boards
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The future of finding employment via the Internet will make ‘who you know’ very important, but getting a start will be a function of ‘what you know’ and what positions you can find to get in the door.

Monster Heating Up Job Boards Battle

Job boards stand to gain tremendously over the next several years, and the competition between two of the top sites, Monster and CareerBuilder, will increase along with those markets.

Vista And The Frankenbuild Monster
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Adventurous people have found ways to workaround the activation system used for Microsoft’s new operating system, and the company has been forced to deal with the problem only a few weeks before Vista launches in the consumer market.

Monster Does Classifieds Deal In Philly

The Philly.com website run by the Philadelphia Inquirer and the Philadelphia Daily News will have its recruitment site run by online job board Monster.com.

Google Monster, Picasa, Earth, GEO, News
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Google is building new monster sized computing center, “as big as two football fields with twin cooling plants protruding four stories into the sky”. via New York Times.

Review: An Aid for the Hiring Process

Monster is offering a free tool called the Monster Companion, which brings direct access to Monster to your desktop. This can be very convenient for employers looking to post jobs and hire new people.