2016: online recruiting gets bought and sold
As the year limps to an end, I thought it would be useful to take a look back on what I think were some of the key events and trends. The job board industry benefited from the growth in employment…
CareerBuilder for sale!: big company shenanigans and the rest of us
The news was surprising: Tegna was putting CareerBuilder up for sale. Tegna, which owns 53% of the job board (along with Tronc (aka Tribune) and McClatchy) stated that it wanted more 'financial flexibility'. In other words, time to cash out for…
Job boards and department stores
Remember department stores? I do. I remember going to Hubbards, our local version - riding up the escalator to the men's department in the 2nd floor, and of course the reverse path to the toy department in the basement. You…
Monster: not with a bang, but a whimper
So, finally, it happened. Randstad, the international staffing behemoth, bought Monster last week for $429 million. Yep, million. As in several hundred million less than Monster's 2015 gross revenues. Ow. There was a lot of analysis, some of it quite good…
Acquisition mania!: news of the job board industry
It's that time again - time to round up what's happening in the job board and online recruiting industry. No summer doldrums here, though - things continue to move apace. So let's get started: JobAndTalent lands massive investment: Atomico has just…
Stop the presses!!: the job board news roundup
No one can say that our industry is boring! Sure, the recent SH sale is a bit of inside baseball, but hey - this entire blog is pretty 'inside baseball!'. So I say, let's get job-board-geeky and see what's been…
Stock market woes and Indeed highs: news of the online recruiting industry
As Valentine's Day recedes in our rear view mirror, it's time to take another look at what's been going on in the industry over the past month. There has been the usual amount of 'revolutionary' new products and a bit…
2015: the job board and online recruiting year in review
Another year has (almost) come and gone. Startups have started up, sites have been sold, money has gone into the market (and out of the market). In other words, a pretty good year for folks in our industry. So let's…
When giants struggle: does it matter to you?
The vast majority of job boards and recruiting sites are medium- or small-sized. That's just the nature of almost any industry - and certainly ours. Most sites do less than $25 million in sales annually. A minority do more - and…
The news that barely fits: job board and recruiting action
At the recent IAEWS meeting, several of you came up and mentioned that you enjoyed these monthly news roundups. Thanks! They are actually pretty time consuming to put together, but I find them useful as a scorecard for where our…