Monster revenue down 31 percent, layoffs

01 May 2009

Monster Worldwide, Inc. reported that total revenue declined 31 percent to $254 million, compared with $366 million in the same quarter of 2008.

Monster generated 43 percent of its revenue outside the United States and total revenue was negatively impacted by $27 million from unfavorabl

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.