{"id":9210,"date":"2010-02-04T13:17:02","date_gmt":"2010-02-04T13:17:02","guid":{"rendered":"http:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/02\/yahoo-sells-hotjobs-225-mn\/"},"modified":"2010-02-04T13:17:02","modified_gmt":"2010-02-04T13:17:02","slug":"yahoo-sells-hotjobs-225-mn","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/02\/yahoo-sells-hotjobs-225-mn\/","title":{"rendered":"Yahoo sells HotJobs for $225 mn"},"content":{"rendered":"\n<\/head>

Yahoo Inc. crossed off another chore on its housecleaning list Wednesday with the proposed sale of help-wanted site HotJobs to rival Monster Worldwide Inc. for $225 million. The all-cash deal announced marks another step in Yahoo CEO Carol Bartz\u2019s effort to jettison services that have been struggling or don\u2019t fit with the Internet company\u2019s efforts to expand its news, entertainment and communications features.
\nThe sale price also reflects how far HotJobs has fallen since Yahoo bought it for $439 million in cash and stock nearly eight years ago. In an ironic twist, Yahoo had to outbid Monster.com\u2019s holding company to buy HotJobs in 2002.
\nThese have been tough times for companies that rely on help-wanted advertising for their income, with the feeble economy and high unemployment rate dampening demand. Monster\u2019s profit plunged 85 percent to $19 million last year.
\nHotJobs is a smaller player in the market than Monster, which generated $905 million in revenue last year.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

Yahoo Inc. crossed off another chore on its housecleaning list Wednesday with the proposed sale of help-wanted site HotJobs to rival Monster Worldwide Inc. for $225 million.<\/p>\n","protected":false},"author":1517,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9210","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nYahoo sells HotJobs for $225 mn<\/title>\n<meta name=\"description\" content=\"Yahoo Inc. crossed off another chore on its housecleaning list Wednesday with the proposed sale of help-wanted site HotJobs to rival Monster Worldwide Inc. for $225 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/02\/yahoo-sells-hotjobs-225-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yahoo sells HotJobs for $225 mn\" \/>\n<meta property=\"og:description\" content=\"Yahoo Inc. crossed off another chore on its housecleaning list Wednesday with the proposed sale of help-wanted site HotJobs to rival Monster Worldwide Inc. for $225 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/02\/yahoo-sells-hotjobs-225-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"Drishtikone\" \/>\n<meta property=\"article:published_time\" content=\"2010-02-04T13:17:02+00:00\" \/>\n<meta name=\"author\" content=\"Desh Kapoor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Desh Kapoor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/02\/yahoo-sells-hotjobs-225-mn\/\",\"url\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/02\/yahoo-sells-hotjobs-225-mn\/\",\"name\":\"Yahoo sells HotJobs for $225 mn\",\"isPartOf\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#website\"},\"datePublished\":\"2010-02-04T13:17:02+00:00\",\"dateModified\":\"2010-02-04T13:17:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/e24bcebf9da3425dd595b71543245311\"},\"description\":\"Yahoo Inc. crossed off another chore on its housecleaning list Wednesday with the proposed sale of help-wanted site HotJobs to rival Monster Worldwide Inc. for $225 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/02\/yahoo-sells-hotjobs-225-mn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/02\/yahoo-sells-hotjobs-225-mn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/02\/yahoo-sells-hotjobs-225-mn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Yahoo sells HotJobs for $225 mn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#website\",\"url\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/\",\"name\":\"Drishtikone\",\"description\":\"Perspective on Life and World from Hindu and Indian standpoints\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/e24bcebf9da3425dd595b71543245311\",\"name\":\"Desh Kapoor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3cc132f0b1d11236e6dc28b12e598a23?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3cc132f0b1d11236e6dc28b12e598a23?s=96&d=mm&r=g\",\"caption\":\"Desh Kapoor\"},\"description\":\"Making sense of the world via the perspective of Dharma and Hinduism. 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