Monster.com: Readying to Rumble?
Posted by: Olga Kharif on November 22, 2006
Jobs site Monster.com just dismissed its general counsel. The official reason: options. But the timing of the announcement is interesting: It comes just after Yahoo announced its game-changing agreement to power up newspapers’ classifieds sections.
A lot of analysts believe that thanks to the announcement, Yahoo’s HotJobs.com site will now go up the online jobs market share charts. That’s clearly bad news for HotJobs’ competitor Monster which, it seems to me, has become less aggressive in fighting off competitors like CarreerBuilder.com, HotJobs.com and local jobs sites in the past year. I certainly don’t see its TV ads as often anymore.
Monster had better start making aggressive moves now, or its competitors will eat its Thanksgiving dinner.