Once upon a time, Monster was, well, a real monster in terms of online recruitment. That was about 15 years ago. So when Monster was recently acquired for $429 million by Randstad, an HR and recruitment specialist, it marked yet another significant shift we’re seeing in the online recruitment space.
Quite often, the recruiter’s job can feel like it’s all about rejection. You may go from a pile of 1000 resumes to something much more manageable, say 50 resumes, which that recruiter will actually read. However, in many instances, larger companies don’t have these luxuries at all.
When the news broke last month that Microsoft was to acquire LinkedIn for a little over $26 billion, it sent shockwaves through the tech world as one of the most expensive deals of its kind in history. The question is: Why did it happen, what was the potential gain for each side of the table and where do we go from here?