Job search platforms CareerBuilder and Monster file for Chapter 11 bankruptcy
The company that operates Monster and CareerBuilder has voluntarily filed for Chapter 11 bankruptcy in Delaware. On Tuesday, it was announced that “We have initiated a court-supervised sales process aimed at maximizing value, preserving jobs, and smoothly transitioning business ownership.” CEO Jeff Furman stated, “For over 25 years, we’ve been a respected global leader in […]
CareerBuilder and Monster seek Chapter 11 bankruptcy protection
On Tuesday, the online job listing entity CareerBuilder + Monster filed for Chapter 11 bankruptcy protection. This company emerged from the merger of Career Building and Monster back in September. Based in Chicago, it announced plans to sell its notable Job Board Operations to JobGet, which caters specifically to gig economy workers. Monster has been […]
CareerBuilder and Monster, early leaders in online job searching, seek bankruptcy protection.
CareerBuilder + Monster Files for Bankruptcy CareerBuilder + Monster, once a powerhouse in the online job recruitment scene, filed for Chapter 11 bankruptcy protection on Tuesday. The company, based in Chicago and formed from the merger of CareerBuilder and Monster last September, stated its intention to sell off its business. The most notable aspect of […]