Monster Completes Acquisition of HotJobs and Enters into Multi-year Traffic Agreement with Yahoo!
News Posted: August 24th, 2010 under Online Recruitment News, Press Releases.
Tags: monster.co.uk
Monster’s acquisition of Yahoo! HotJobs, which closed August 24, will have significant benefits for international recruiters based in Europe. Employers will have even greater access to skilled workers based in the US, making it far easier to find candidates with specific skills and experience that may be in short supply. HotJobs brings a particularly large pool of talent in healthcare, retail, finance and insurance.
Monster will now be able to offer greater access and reach into the US, the combined presence of Monster and Hotjobs is expected to reach 130 million unique visitors (62 per cent of the US internet population). Monster will also expand its newspaper partnerships from 400 to 1000, with the addition of 600 HotJobs daily and weekly newspapers providing local reach in all 50 states.
Andrea Bertone, head of Monster Europe, commented: “We’re living in an international employment market where skilled professionals often consider relocating to another country. The combination of Monster and Hotjobs gives European employers simple and rapid access to a bigger pool of candidates based in the US. This is a significant strategic advantage for employers that are competing on a global stage for the best talent.”
