The recent asset sale and Chapter 11 bankruptcy filing of the newly merged CareerBuilder + Monster mark a poignant end for two companies that once defined online recruitment. This development, confirmed by last weeks press release and other reports, signals a profound shift in the talent acquisition landscape.
CareerBuilder and Monster were the undisputed titans of the early internet job market, revolutionizing how companies hired and individuals sought employment. Their recent merger, intended to bolster their position against modern giants like Indeed and ZipRecruiter, proved insufficient, leading to a swift descent into bankruptcy.