Monster Worldwide (the owner of monster.com) had agreed to buy Yahoo’s HotJobs site for $225 million. After this deal, Monster has only one major competitor careerbuilder.com. Monster controls about one-third of online jobs postings in the US. Under the terms of the deal, Monster Worldwide is going to pay Yahoo $20 million to $31 million a year for Yahoo to redirect traffic to its site.
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About The Author
- Sheuli
RDD Founder
Email: info@royaldeerdesign.com
