Monster.com parent buys HotJobs. TMP, the parent company of Monster.com, has acquired HotJobs for $460 million in stock. Although they plan to maintain HotJobs as a "stand-alone brand" the jobs and resume databases will be merged. I'm really skeptical -- virtually everyone I know searched both Monster and HotJobs, and posted resumes on both places, so what are they really getting but duplication? (HotJobs used to have a very distinctive approach -- no headhunters, in short -- but it had backed off of that recently.)
posted by MattD on Jul 1, 2001 - 5 comments