Despite a lingering hangover for employment in the United States, Monster.com's parent company trimmed its fiscal losses in the first quarter and said it would have posted a profit if not for charges associated with restructuring. TMP Worldwide said it lost $28 million as revenue decreased to $168.9
Internet companies disclosed plans to cut 1,193 jobs in August, fewer than in July but enough to mark the second straight month in which dot-com layoffs exceeded 1,000, according to outplacement firm Challenger, Gray & Christmas. "There is certainly the potential for us to see more cuts for t...
Shares of Monster.com parent company TMP Worldwide tumbled to their lowest levels in nearly four years after the company reduced its outlook for the rest of this year and said it will lay off more workers. Specifically, TMP said that in the face of lower revenue and earnings, it will raise its to...
The vast majority of online job seekers visit just one of the top career sites on a regular basis, according to a new report from Jupiter Media Metrix. That finding may escalate an ongoing war between the two largest Web career companies, HotJobs and Monster.com. The study also showed there are t...
TMP Worldwide, the parent company of job site Monster.com, has paid $800,000 for rights to acquire the Jobs.com domain name and trademark from a defunct competitor. TMP said the bankruptcy court purchase will give its family of job search sites an immediate traffic boost. Jobs.com is now an umbre...
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