Monster dragged down by its foreign operations

The financial health of Monster Worldwide, the owner of Monster sites in North America, Europe and Asia, deteriorated further in FY2014 from FY2013. But, if it wasn’t for a massive goodwill writedown (forced onto the company by a shrinking market capitalization) and weaker euro, the report card would have looked very different.

Add the fact that the growth strategy unveiled in May last year is