Peter Newton joins Gatehouse in new post
Peter Newton, who’s had a long and varied career involving newspapers, dot-coms and independent businesses, has joined GateHouse Media as president of GateHouse Ventures, a new position.
The company also shifted Jay Fogarty to VP of strategy and innovation from VP of new revenue platforms.
“We are very excited to announce … Peter’s appointment [which] comes as we are moving from a successful diligence phase in some of our new ventures to an execution phase, a period in which we begin to scale our new businesses,” said Kirk Davis, GateHouse COO.
Newton spent 17 years at The Boston Globe, including finance and advertising positions. He was president of BostonWorks, the Globe’s print-and-online recruitment program before the paper became a Monster.com affiliate. Newton later joined Monster.com, serving as SVP and GM of small and mid-sized businesses and heading Monster Media Alliance, which grew to more than 350 affiliates. He also worked as VP for bizdev at Helium.com, a content farm, and ran his own consultancy, Big Rock Consulting Group, for about two years.
The announcement is here.
Monster.com socializes job search at last
By Sharon Hill
Monster Worldwide, one of the last major job sites to come to the social recruitment table, has finally announced the ability for job candidates to see which of their socially-networked friends have connections to the hiring firm, right from the Monster.com site. Candidates won’t be searching Facebook or LinkedIn - they’ll be searching BeKnown, the Monster-Worldwide-owned Facebook app. If a candidate tries the search and is not set up on BeKnown, she or he will be prompted to create that free BeKnown profile and account.
There’s nothing really innovative here. However, the fact that it’s Monster means that 100 million monthly visitors – most of whom have not set up a BeKnown profile – will be encouraged to do so. That’s good for BeKnown, which in the social recruitment battle is way behind both fellow-Facebook-app BranchOut, and LinkedIn. For more on what each of these big three social recruitment sites offer, what Monster told us about the socialization and why it waited so long, and where each firm is headed, see our upcoming CIR.
Here’s the Monster Worldwide announcement: Continue reading
New marketing head at Tamedia Online Classifieds
New Austrian job platform leans on Germany’s Jobware
Who’s gonna buy Monster Worldwide? Cheesman says … no one!
Joel Cheesman, formerly known as Cheezhead, is one of our favorite observers of the recruitment scene (along with John Zappe of ERE and formerly CIR). He’s just restarted a regular blog; you can sign up at bit.ly/notsfw. Here’s the latest installment, about the potential sale of Monster Worldwide including Monster.com. We may disagree — actually, we do — but this is an interesting viewpoint.
Wall Street was buzzing last week on rumors that LinkedIn (LNKD) was in talks to acquire Monster (MWW). According to a Reuters story, LinkedIn Corp and private equity firm Silver Lake Partners are among a number of parties that have expressed interest in a potential deal for Monster Worldwide Inc., according to people familiar with the matter, as the Internet jobs-search company is preparing data for potential buyers.
The stock shot up on the hype. However, Business Insider and a few others quickly squashed the report as bunk, accusing Monster of desperately trying to stir-up interest.
The thought of a high-growth business like LinkedIn strapping on an albatross like Monster is a bit ridiculous if you think about it for a second. So who, one like me must ask, would buy Monster?
As far as I can tell, the answer is: No one.
Yeah, nobody. John Doe. The invisible man.
Look: Facebook’s IPO is coming up, and analysts are crying about “decelerated growth” and staying the company doesn’t deserve its current valuation. So, knowing growth is what drives the markets, then you have to ask where Monster’s growth catalyst is? 6Sense? SeeMore? BeKnown? Be serious.
Aside from a massive hiring Renaissance, I don’t see any significant growth on the horizon. And certainly nothing to get a buyer all hot-and-bothered.
That said, if a buyer does come out of the woodwork, it’s likely to have Asian roots, hoping to get a foothold in the U.S. and other markets Monster serves. 51Job perhaps? With a market cap greater than Monster’s, it’s possible. Seek.com.au out of Australia perhaps? Nah. Someone out of Europe? It’s kind of a mess there at the moment, in case you didn’t get the memo.
Time will obviously tell. This year’s presidential election will be interesting for business. But methinks there will be no savior riding into to town on a white Trumpasaurus.
Job boards still No. 1 for hiring in U.K.
Evenbase‘s latest quarterly review of the U.K. recruiter market shows that job boards remain the means of choice for companies looking to hire, with a 6 percent drop in the use of agencies to find staff, a result which Evenbase attributes to HR departments aiming to minimise recruitment spend.
The review also reveals a 27 percent fall in the number of vacancies being advertised. That has resulted in job hunters becoming increasingly proactive with 63 percent of candidates registering on between two and five different job boards (up 13 percent on the last quarter).
Candidates also seem to demand more of their job boards in tight times with 45 percent of candidates polled say they require more from job boards in terms of company information and industry trends.
Mike Wall, MD of Evenbase’s Job Boards division, comments; “There are some encouraging signs that people are still prepared to consider moving jobs, despite a fall in the number of overall vacancies. In particular, many job seekers are looking for ways to stay competitive in a difficult market, and they seem to have some specific companies in mind for their next move. Both are indications that there may yet be increased activity in 2012.”
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- Canoe.ca publisher Quebecor reports Q1 2012 results
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