Monster.com

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Monster Worldwide, Inc.
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Type of site
Employment website
Available inMultilingual
FoundedJanuary 1999; 27 years ago (1999-01)
HeadquartersGuaynabo, Puerto Rico, PR
OwnerBOLD www.bold.com
[[Organizational founder|FounderTemplate:Pluralize from text]]Jeff Taylor
Key peopleDoug Jackson (co-CEO), Jamie Freundlich (co-CEO)
IndustryHuman resources
URLwww.monster.com
CommercialYes
RegistrationRequired
Current statusActive

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Monster.com's headquarters in Weston, Massachusetts
Monster.com's headquarters in Guaynabo, Puerto Rico

Monster.com is a global employment website and job search engine headquartered in Guaynabo, Puerto Rico. Along with its sister site, CareerBuilder, it is owned by BOLD Holdings.[1]

History

In the early 1990s, Jeff Taylor, the owner of human resources company Adion, contracted Net Daemons Associates to develop a facility whereby job seekers could search a job database with a web browser. The site went live in April 1994 as Monsterboard.com. It was populated with job descriptions from the newspaper segment of Adion's business.

It was one of the first employment websites.[2]

Shortly thereafter, it was acquired by TMP Worldwide, led by Andrew McKelvey, for $930,000. TMP also acquired Online Career Center and, in 1999, merged it with Monster Board to form Monster.com.[3][4]

In October 2000, Monster launched Monstermoving.com to provide resources to assist users with a successful move.[5]

In April 2002, Monster purchased the Jobs.com domain name and trademark for $800,000.[6]

In 2003, TMP completed the corporate spin-off of Monster.[7][8]

In August 2005, founder Jeff Taylor left Monster to create Eons.com.[9]

In 2006, the general counsel of the company was fired in connection with an options backdating scandal, and he was also investigated by the U.S. Securities and Exchange Commission.[10][11][12] Andrew McKelvey refused to be interviewed as part of an internal investigation and resigned from the board of directors.[13][14] James J. Treacy (1959–2020), who served as president and CEO of Monster, was found guilty by a jury in May 2009 and was sentenced to two years in prison.[15] The options backdating scandal also required the company to restate earnings since 2001. In April 2007, Sal Iannuzzi was named chairman and CEO, replacing William M. Pastore, who resigned as part of the scandal.[16][17][18][19][20]

In January 2008, Monster acquired Affinity Labs for $61 million.[21][22]

In July 2008, it acquired Trovix, a semantic job search engine, for $72.5 million.[23]

In February 2010, Monster acquired Yahoo HotJobs for $225 million and then integrated it into the Monster.com website.[24]

In 2011, Monster launched mobile apps.[25]

In the first quarter of 2014, Monster relocated its headquarters from Maynard, Massachusetts to Weston Corporate Center in Weston, Massachusetts.[26]

In February 2014, Monster acquired TalentBin, a talent search engine, and Gozaik, a developer of social jobs aggregation and distribution technology.[27][28]

In November 2014, Iannuzzi resigned under pressure after focusing on profits but failing to produce any.[29][30][31]

In June 2016, Monster.com acquired Jobr, a job search mobile app, for $12.5 million.[32][33]

In August 2016, Monster was acquired by Randstad NV, a multinational human resources and recruitment specialist, for $429 million in cash.[34]

In January 2018, Quess acquired Monster's business in India, SE Asia and the Middle East.[35] In November 2022, the name of this business was changed to Foundit, and the website became a talent management platform in the Asia-Pacific and the Middle East regions.[36][37]

In September 2024, Monster merged with CareerBuilder, and funds managed by Apollo Global Management became the majority owner of the websites.[38]

On June 24, 2025, CareerBuilder + Monster filed for Chapter 11 bankruptcy protection in an effort to facilitate a sale of its job board operations to JobGet. The company's software services business for federal and state governments are to be sold to Canadian software company Valsoft, while military.com and fastweb.com are to be sold to Canadian media company Valnet. The company listed assets between $50 million and $100 million, and liabilities between $100 million and $500 million.[39][40]

However, in July/August 2025, BOLD won the final bid of $28.4 million.[41][42][43]

In 2026, Monster launched a free resume builder and resume templates.[44][45][46]

Sponsorships

Monster's first Super Bowl ad, "When I Grow Up" (created by Mullen for the 1999 Super Bowl), asked job seekers, "What did you want to be?" It was the only commercial named on the "Best of Television 1999" list by Time.[47][48]

Monster was the official online career management services sponsor of the 2002 Winter Olympics and the 2002 U.S. Olympic Team.[49][50]

Data breaches

In less than two weeks in August 2007, Monster had numerous leaks that resulted in the loss of millions of customers' data to identity theft. Monster waited several days to announce this leak, a delay that drew heavy criticism.[51][52][53]

In January 2009, there was another large-scale leak at its UK-based site monster.co.uk, in which demographic information of up to 4.5 million people was obtained by hackers.[54]

In 2019, the company revealed a data breach resulting in résumés from May 2017 being shared online.[55]

See also

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content."CareerBuilder + Monster Closes Sales Transactions with BOLD". PR Wire. July 31, 2025.
  2. ^ Page Module:Citation/CS1/styles.css has no content.Kelly, Jack (June 14, 2021). "Monster, One Of The First Job Boards, Plans A Roaring Comeback Under A New CEO With A Focus On The Fast-Growing Generation-Z". Forbes.
  3. ^ Page Module:Citation/CS1/styles.css has no content.Hansell, Saul (March 24, 2002). "The Monster That's Feasting on Newspapers". The New York Times.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Monster". Encyclopædia Britannica.
  5. ^ Page Module:Citation/CS1/styles.css has no content."Monstermoving.com Leases Corporate Headquarters in White Plains". GlobeSt. October 30, 2000.
  6. ^ Page Module:Citation/CS1/styles.css has no content.Regan, Keith (April 19, 2002). "E-Commerce News: News: Monster Parent Pays $800K for Jobs.com Domain Name". Ecommercetimes.com. Archived from the original on 2010-04-28.
  7. ^ Page Module:Citation/CS1/styles.css has no content.Hansell, Saul (February 18, 2003). "Once an Acquirer, TMP Worldwide Decides to Divide". The New York Times.
  8. ^ Page Module:Citation/CS1/styles.css has no content.Dignan, Larry (October 22, 2002). "TMP makes Monster move". CNET.
  9. ^ Page Module:Citation/CS1/styles.css has no content."Monster Founder Leaving". The New York Times. Bloomberg News. June 14, 2005.
  10. ^ Page Module:Citation/CS1/styles.css has no content.Gonsalves, Antone (November 22, 2006). "Monster.com Fires General Counsel In Stock-Options Probe". InformationWeek.
  11. ^ Page Module:Citation/CS1/styles.css has no content.Taub, Stephen (February 15, 2007). "Former Monster Exec Pilloried by SEC". Informa.
  12. ^ Page Module:Citation/CS1/styles.css has no content.Day, Ron (November 23, 2006). "Monster counsel fired in option-grants probe". The Seattle Times.
  13. ^ Page Module:Citation/CS1/styles.css has no content."Founder of Monster.com Resigns". The New York Times. Reuters. October 31, 2006. Archived from the original on 2008-01-30.
  14. ^ Page Module:Citation/CS1/styles.css has no content."Ex-CEO of Monster exits board amid scandal". The Gainesville Sun. The Associated Press. October 30, 2006.
  15. ^ Page Module:Citation/CS1/styles.css has no content."Monster Ex-Chief Is Found Guilty". The New York Times. Reuters. May 12, 2009.
  16. ^ Page Module:Citation/CS1/styles.css has no content.Giannone, Joe; Kaufman, Christopher (August 9, 2007). "Monster CEO steps down, hires former Symbol head". Reuters.
  17. ^ Page Module:Citation/CS1/styles.css has no content.Lagorce, Aude (April 12, 2007). "Monster Worldwide appoints Iannuzzi chairman, CEO". MarketWatch.
  18. ^ Page Module:Citation/CS1/styles.css has no content."Monster CEO Needs A Job". Forbes. April 12, 2007.
  19. ^ Page Module:Citation/CS1/styles.css has no content."Monster Worldwide CEO Pastore leaving; Iannuzzi named as replacement". The Mercury News. The Associated Press. April 12, 2007.
  20. ^ Page Module:Citation/CS1/styles.css has no content.Vuocolo, Jonathan (April 13, 2007). "Pastore Agrees To Leave Post As Monster CEO". The Wall Street Journal.
  21. ^ Page Module:Citation/CS1/styles.css has no content."Monster buys S.F. Web operator Affinity for $61 million". The Mercury News. Bloomberg News. January 5, 2008. Archived from the original on September 13, 2022.
  22. ^ Page Module:Citation/CS1/styles.css has no content.Marshall, Matt (January 4, 2008). "Monster buys community site, Affinity Labs, for significant $61M". VentureBeat.
  23. ^ Page Module:Citation/CS1/styles.css has no content."Monster Acquires Job Search Site Trovix For $72.5 Million; Military Site Armees.com". CBS News. July 31, 2008.
  24. ^ Page Module:Citation/CS1/styles.css has no content.Schonfeld, Erick (February 3, 2010). "Monster Buys HotJobs from Yahoo for $225 Million". TechCrunch.
  25. ^ Page Module:Citation/CS1/styles.css has no content."Monster.com makes mobile a top priority for 2011". Industry Dive.
  26. ^ Page Module:Citation/CS1/styles.css has no content.Wyner, Michael (October 30, 2013). "Monster moving from Maynard to Weston Corporate Center". The MetroWest Daily News.
  27. ^ Page Module:Citation/CS1/styles.css has no content.Ha, Anthony (February 24, 2014). "Monster Acquires Recruiting Startups TalentBin And Gozaik". TechCrunch.
  28. ^ Page Module:Citation/CS1/styles.css has no content."Monster Acquires Social Recruiting Technology Players TalentBin and Gozaik" (Press release). Business Wire. February 24, 2014.
  29. ^ Page Module:Citation/CS1/styles.css has no content.McLeod, Lisa Earle (November 12, 2014). "The Real Reason Monster's CEO Lost His Job". HuffPost.
  30. ^ Page Module:Citation/CS1/styles.css has no content.Calia, Michael (November 4, 2014). "Monster Worldwide Names New CEO". The Wall Street Journal.
  31. ^ Page Module:Citation/CS1/styles.css has no content.Calia, Michael (November 4, 2014). "Monster Worldwide names new CEO". MarketWatch. Archived from the original on 2014-11-04.
  32. ^ Page Module:Citation/CS1/styles.css has no content.Perez, Sarah (June 9, 2016). "Monster snaps up 'Tinder for jobs' app, Jobr". TechCrunch. Archived from the original on October 12, 2016.
  33. ^ Page Module:Citation/CS1/styles.css has no content."Monster Acquires Jobr" (Press release). PR Newswire. June 8, 2016.
  34. ^ Page Module:Citation/CS1/styles.css has no content.Lunden, Ingrid (August 9, 2016). "Randstad buys Monster for $429M as recruitment consolidation continues". TechCrunch. Archived from the original on August 10, 2016.
  35. ^ Page Module:Citation/CS1/styles.css has no content."Quess acquires job listing portal Monster's business units for $14 million". Business Standard. January 2, 2018. Archived from the original on 2023-04-18.
  36. ^ Page Module:Citation/CS1/styles.css has no content.Kaur, Lavpreet (November 23, 2022). "Monster.com rebrands to foundit". Deccan Herald. Archived from the original on 2023-04-18.
  37. ^ Page Module:Citation/CS1/styles.css has no content.Kannan, Uma. "Job search platform Monster rebrands as foundit; to focus on talent management". The New Indian Express. Archived from the original on 2023-04-18.
  38. ^ Page Module:Citation/CS1/styles.css has no content.Moody, Kathryn (September 17, 2024). "Monster and CareerBuilder complete merger". Industry Dive.
  39. ^ Page Module:Citation/CS1/styles.css has no content.Basu, Reshmi; Casiraghi, Luca; Hall, Georgia (June 24, 2025). "Job Hunting Firm CareerBuilder + Monster Files Bankruptcy". Bloomberg. Retrieved June 24, 2025.
  40. ^ Page Module:Citation/CS1/styles.css has no content.Stempel, Jonathan (2025-06-24). "CareerBuilder + Monster, which once dominated online job boards, file for bankruptcy". Reuters. Retrieved 2025-06-27.
  41. ^ Page Module:Citation/CS1/styles.css has no content."CareerBuilder + Monster Closes Sales Transactions with BOLD". PR Wire. July 31, 2025.
  42. ^ Page Module:Citation/CS1/styles.css has no content."BOLD Completes Acquisition of CareerBuilder + Monster Job Boards". PR Web. August 1, 2025.
  43. ^ Page Module:Citation/CS1/styles.css has no content."Bold has winning bid for CareerBuilder + Monster in bankruptcy proceeding". PR Web. July 21, 2025.
  44. ^ Page Module:Citation/CS1/styles.css has no content.Chorpenning, Kirsten (January 30, 2026). "7 Best Resume Builders in 2026: Tools to Land Your Next Job". Flexjobs.com. Retrieved February 13, 2026.{{cite web}}: CS1 maint: url-status (link)
  45. ^ Page Module:Citation/CS1/styles.css has no content.Monster. "Monster Launches Free Resume Builder and Resume Templates to Help Job Seekers Navigate Modern Hiring". www.prnewswire.com. Retrieved 2026-02-13.
  46. ^ Page Module:Citation/CS1/styles.css has no content."100% Free Resume Builder | Monster.com". 2026-01-20. Retrieved 2026-02-13.
  47. ^ Page Module:Citation/CS1/styles.css has no content."Monster.com - When I Grow Up". Ad Age. January 31, 1999.
  48. ^ Page Module:Citation/CS1/styles.css has no content."Video: Monster.com "When I Grow Up ..." Super Bowl, 1999". HuffPost. MSNBC. April 3, 2010.
  49. ^ Page Module:Citation/CS1/styles.css has no content.NIELSEN, KIMBERLY (January 20, 2000). "Monster.com becomes first online sponsor for the 2002 Olympic Games". The Universe.
  50. ^ Page Module:Citation/CS1/styles.css has no content.Roche, Lisa Riley (January 18, 2000). "A monster of a sponsor signs on with Games". Deseret News.
  51. ^ Page Module:Citation/CS1/styles.css has no content.Finkle, Jim (August 30, 2007). "Data theft also hit U.S. government job site". Reuters. Archived from the original on 2009-08-19.
  52. ^ Page Module:Citation/CS1/styles.css has no content."Hackers Steal 1.6 Million Files From Monster.com". ABC News. August 22, 2007.
  53. ^ Page Module:Citation/CS1/styles.css has no content."'Marketplace' Report: Monster.com Security Breach". NPR. August 24, 2007.
  54. ^ Page Module:Citation/CS1/styles.css has no content.Percival, Jenny. "Hackers steal jobseekers' details from Monster recruitment website".
  55. ^ Page Module:Citation/CS1/styles.css has no content.Whittaker, Zack (September 5, 2019). "Monster.com says a third party exposed user data but didn't tell anyone". TechCrunch.

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