Man, you know it’s bad when someone claiming to be a “CareerBuilder insider” is asking us to post something in hopes of gaining a better perspective on the company’s workforce plans from other ‘Builders.
I’m hearing more news about possible layoffs. I’m an insider at CB… help us out here: Have you heard anything? Post us a message and let the comments begin. We need to know. Last time came as a rather large surprise!
The sentiment is real even if the source is unknown. Times are undeniably bad at a majority of job boards and vendors. Many were hoping that just getting through January – typically one of the best months for income – would bring relief. Those who could afford high-priced Super Bowl ads and Monstrous redesigns, probably hoped to fare even better.
It’s not looking that way. March is shaping up to be a particularly nasty month for the industry (insert mandatory “Ides of March” cliche here). Many sources are telling us to buckle-up for a bumpy ride.
Starting with CareerBuilder, morale is said to be really low. And a source tells us the sales force is in particularly low spirits. Word is there is little clarity to quotas these days and that at least one department was allegedly screwed out of a $5,000 raise they were promised for hitting 100 percent of their quota in 2008. To pour salt on the wound, management’s attitude is said to be, “Well if he/she doesn’t like it, they can leave and try to find a job in this economy.”
Deeper into the rumor mill, a friend of a friend of a friend who apparently knows someone at the City of Chicago’s government office says certain companies within city limits have to report significant layoffs or other big moves months before they happen … something about calculating tax revenue, I guess. Anyway, CareerBuilder allegedly gave the city such a heads-up in regards to layoffs that were scheduled for sometime in March. An e-mail into the company for more information was not returned.
On to Monster. Tanking stock price aside, things are said to be not much better at the House of Trumpasaurus. A source tells us the company is going to have to make some tough decisions soon, due in large part to the fact that they’ve put-off the kind of significant layoffs that other boards made last year. We’re hearing things were bound to catch-up with them eventually, and March is looking like the month that things go down. One industry insider said, “I think Monster has to cut 30-40 percent in the next 12 months.”
In addition to layoffs, sources tell us MonsterTrak may be headed toward contraction, or maybe even elimination, in order to cut costs in time for Q1 reporting. Considering the tougher-than-ever job market for outgoing collegians, the time is probably right to do a little house cleaning in that room of the house anyway.
Other notables who may be looking toward a ugly month include Dice, who noted a 10 percent cut in workforce on their last conference call. They’ll probably take less of a hit versus the big boys, considering their niche focus, but they will likely be unable to outrun the economy either.
Companies allegedly in the ICU include the likes of Climber, Jobfox and Jobster. Big shocker there for everyone, I’m sure. Everyday the sun comes up for any of them is a good day. But, hey, it could be worse; they could be a newspaper.
Keep in mind, this is all anecdotal, National Enquirer-style minus the Brangelina pics, so take it for what it’s worth. However, our track record on such gossip ain’t too shabby. The safe bet is things will get much worse before they get better.
As one job board owner recently put it, “We continue to hold our own, but we do hear daily about companies struggling. This seems to have hit staffing / recruiting companies especially hard. I don’t remember it being this bad after 9/11.”
And Checkout:
ChinaHR, 51job Deny Layoff Rumors
Popularity: 10% [?]
February 25th, 2009 at 7:12 am
It is a good time to be in the business of repossessions and contract killing.
February 25th, 2009 at 8:59 am
Can it really get worse?
There are just too many options. Niche boards, small boards, big boards, oh my!
Not to mention Indeed and SimplyHired.
LinkedIn,Craigslist and now Oodle.
There are only so many jobs and dollars to go around to begin with and now these %’s are even worse.
I think CareerBuilder and Monster are still “doing ok” beacuse no one ever got fired for including them in their budget.
The next few weeks will be interesting.
February 25th, 2009 at 9:31 am
With Monster, it’s important to remember that when Sal came in, they eliminated a lot of positions, subsiquently laying off a lot of folks. They may reduce headcount, but not by 30-40%…that’s a ridiculous number. I’d say 10% max. Stock price aside, they are still in good financial standing (little debt, cash in the bank).
February 25th, 2009 at 11:21 am
I hate to beat a dead horse but did anyone ever think that the pay-to-post model used by legacy job boards is being abandoned by employers because it places all the risk on the employer with no guarantee of results? If you haven’t thought that then allow me to offer some anecdotal evidence. Here’s a quote from Janet Robinson who is CEO of NY Times regarding their Q4 2008 revenue.
“The most painful hit, however, was on the classified front. Robinson said that combined print and online job ads plummeted 43.5 percent. Online employment ad revs also fell 35.7 percent in Q4, which were in line with December’s numbers, which saw online recruitment dollar’s fall 36 percent.” – Janet Robinson, CEO New York Times
NY Times uses Monsters Pay-to-post pricing model to generate revenue. Now certainly some of the job posting loss is a direct result of the softening economy but employment ads have only dropped 15-20% in Q4, however NY Times job ads (pay-to-post pricing) dropped 43.5%. That’s profound in my book. Our data shows pretty clearly that employers and their job listings are migrating to vendors which offer cheaper pricing and alternative pricing which tie fees to value. Just thoughts…
February 25th, 2009 at 11:34 am
Rafael,
Don’t lie and say you hate to beat a dead horse. Everytime you post something all it ever has to do with is bashing the pay to post model or trying to hire sales people from other boards that are laying off.
February 25th, 2009 at 12:10 pm
I guess Monster and CB weren’t quick enough to notice all of the other more effective resources drinking their milkshake.
Sorry I could not resist!
February 25th, 2009 at 12:30 pm
ROI – You act like bashing outdated pricing models or hiring unemployed people is a bad thing. This is what I do.
February 25th, 2009 at 1:21 pm
To follow up on Rafael’s quote:
“I hate to beat a dead horse but did anyone ever think that the pay-to-post model used by legacy job boards is being abandoned by employers because it places all the risk on the employer with no guarantee of results?”
When was the last time any job board, any print ad, any internal referral GUARANTEED results?
The pay to post model is being abandoned (to your point) because these legacy boards deliver at best a 3-4% ROI.
Any intelligent exec would look at these numbers and say that there has to be a better solution. Economics 101 in my book.
The online job posting world is over-saturated and with unemployment closing in on 9%, why wouldn’t you drop a 100k posting subscription for a solution that will cost them less and probably deliver better results? Think contract recruiter, employee referral programs, etc.
It’s too bad that CareerBuilder and Monster, along with countless others, will have to slash their workforce but when was the last time you heard someone finding a job their one of their sites? I bet if you asked 10 people how they found their current job, 9 out of 10 of them would say it was through a friend, a contact or a referral – not a job board.
February 25th, 2009 at 1:31 pm
All signs are converging on the March as Staffing’s biggest hit in 40 years. And while the focus is essentially on short term survival, asit should be, it is also the perfect time to see who spies the first signs of recovery…still a year away. Look for small vulnerable sprouts to emerge from the falling decomposing leaves.
February 25th, 2009 at 3:42 pm
The whole internet recruitment industry will have to change and the current business model will change as well. The companies do not need “some” job boards right now, they can use their own corporate website bringing quality candidates.
As the recession will worsen, we will see big moves and changes in the whole recruitment industry.
February 25th, 2009 at 4:44 pm
Rafael…yawn. I saw that coming before I opened the post. WE GET IT. I’m sure RealMatch isn’t far behind…pay to post or not. Why you think anyone would take your word as an industry expert escapes me.
February 25th, 2009 at 5:23 pm
SEM – I havent made any claims here but I know I would eat your lunch for sure.
February 25th, 2009 at 5:30 pm
Rafael, according to LinkedIn you’ve been in the industry for about a year? Try again. Plus, if you could actually eat my lunch I would think RealMatch would be doing better. Still haven’t heard of the company outside of this site.
February 25th, 2009 at 5:30 pm
I see the big job boards that have counted on hitting certain revenue goals and increasing their pricing each year getting crushed. At the same time the two PPC aggregators “simply” do not work. They pull our jobs from our corporate careers page already for free. Even if you pay money to get “premium” listing the results just don’t make sense. I am also astonished that Monster, Hotjobs and CB do not circle the wagons and block the aggregators from scraping their sites. 1…2…3…BLOCKED. Besides, the aggregators model only slightly works if at all for really big companies with hundreds of openings. Who is that today? I hope their investors have really deep pockets and are ready to lose it. More good money after bad?
I’ll stick with my corporate page to bring in candidates and LinkedIn and old fashioned networking.
February 25th, 2009 at 5:30 pm
Do you guys know anything, about anything? CareerBuilder has over 5 divisions offering a variety of products OUTSIDE the pay to post. You act like you know these companies, when in reality you only know what you see. Make a phone call or two and confirm your own assumptions.
February 25th, 2009 at 5:39 pm
Listen careerbuilder has been going down the drain for over a year and a half now. As they went to layoff people in December, they paid Brian Donahue a $200K bonus for killing his small goal in CB Media. Careerbuilder has turned into employmentguide.com with all the text link type ads they have on the site. Hope and Brian should of thought about that before making some of the worst decisions we have ever seen advertising managers make. Recruiters dont buy ROS ads, and you used to work for AOL?
Then they let Kevin Nevelle go when they should of looked in the mirror, the ad devision used to do over 2 million a month in revenue, then Hope took over it it died. Also, 2 of the top rep quit the Banners division becuase Pete Jansons is a racist, loud mouth and their are employees here currently speaking with attorneys for harrassment. It is a text book case, Pete says something terrible to employees, they go to HR and HR does NOTHING. Um that has lawsuit written all over it.
The job board product is basic. Sell job postings to people hiring, buy advertising to drive traffic to jobs, and in a bad job market sell a lot of banners and emails…well Hope messed that up so bad that Quigo text links consume EVERY page and house ads. And Richard C. couldnt market water to a dehydrated, half dead person.
Matt Ferguson, PLEASE look to lay off and change your upper management. I am asking, the people you have running some divisions have no knowledge of online advertising. Please!
February 25th, 2009 at 5:50 pm
Listen careerbuilder has been going down the drain for over a year and a half now. As they went to layoff people in December, they paid Brian Donahue a $200K bonus for killing his small goal in CB Media. Careerbuilder has turned into employmentguide.com with all the text link type ads they have on the site. Hope and Brian should of thought about that before making some of the worst decisions we have ever seen advertising managers make. Recruiters dont buy ROS ads, and you used to work for AOL?
Then they let Kevin Nevelle go when they should of looked in the mirror, the ad devision used to do over 2 million a month in revenue, then Hope took over it it died. Also, 2 of the top rep quit the Banners division becuase Pete Jansons is a racist, loud mouth and their are employees here currently speaking with attorneys for harrassment. It is a text book case, Pete says something terrible to employees, they go to HR and HR does NOTHING. Um that has lawsuit written all over it.
The job board product is basic. Sell job postings to people hiring, buy advertising to drive traffic to jobs, and in a bad job market sell a lot of banners and emails…well Hope messed that up so bad that Quigo text links consume EVERY page and house ads. And Richard C. couldnt market water to a dehydrated, half dead person.
Matt Ferguson, PLEASE look to lay off and change your upper management. I am asking, the people you have running some divisions have no knowledge of online advertising. Please!
February 25th, 2009 at 5:54 pm
Rafael is an angry dude.
February 25th, 2009 at 6:27 pm
Maynard Monster…I hope your attitude is that of the rest of the Big 3. If you have spoken w/ anyone that has access to comparative results from the Big 3 and the aggregators, you will realize their results are MUCH better than yours. Their Costs per Hire are nearly 1/10 of the Big 3. That is the definition of working.
FYI…Monster’s jobs are not that important to them any more. Why do they need Monster’s jobs when they can pull jobs from 1000s of employers directly from their site? That is a much better user experience any way. The DirectEmployer’s, eQuest, and SmartPost feeds are more important than Monster’s jobs by far. Heck, you guys don’t even have that many jobs any more, because employers are fleeing your site in droves. Didn’t you guys hit like 60% of your Q4 goal? That means less jobs on your site. Your job levels have fallen every month for the last 2 years and no one expects that to change.
And the PPC model works for anyone…doesn’t matter how many openings a company has. You think success (see above) is limited to those companies w/ more than a few hundred jobs? Think again.
February 25th, 2009 at 7:03 pm
SEM – you keep attacking people on this board…it escapes me why?
Jake – I wonder how long Kevin Nevelle has worked at CB? You know?
February 25th, 2009 at 9:12 pm
I’ve attached one person…Rafael and his little buddy. His comments are annoying and ill timed.
February 25th, 2009 at 9:29 pm
Lets see. Cheaper postings, similar traffic, better conversions and you only pay for what you get vs pay, post and hope…..even if therer are no results.
Lets see, CPC with short or no contracts vs long contracts and a rate increase every year.
I am sure the newspapers said the same thing about the internet when it came out “it wont last”…..how is that working out?
RealMatch is actually a good product. I have seen adn used it. SimplyHired, Oodle,Craigslist,Indeed all have a good place in the industy. Te only reason you have heard of CB and Monster is because they spend 1,000,000s on super bowl ads…..(see rate increase above).
Outside of the big three there are other places like Jobfox,Itzbig, etc. They went to far in the other direction. Way too much work and detail. Give me a cost effective product, plenty of traffic and I will find the candidates.
February 25th, 2009 at 9:32 pm
Anyone working with Dice anymore? Did they cut their prices?
Also, what is the deal with CB…they went UP on their price for postings not down like Monster! We are all having to give up some margin to stay in business and afloat but CB spends money like there is no tomorrow! Well guess what……tomorrow is knocking and they are about to be in deep trouble!
February 25th, 2009 at 11:22 pm
Aggregator….what happens when the big three wake up and decide to block you? Are job seekers really even aware you exist?
Aren’t you driving traffic through rather obscure blogs and oddball sites where people just happen to click over to see what it is? They’re not active or even passive job seekers…there just lookeyloos who have nothing better to do. How deep is your resume database? 75% of recruiters rely on that.
When you turn a profit with your business model come back and let us know. What was your revenue last quarter? $100,000? BTW, I do not work for Monster. I am a recruiter in Worcester, MA.
February 26th, 2009 at 1:03 pm
Wilson! CB prices did not go up this year. Not sure where you’re getting your info. When the economy is down the only companies that will come out on top and survive are those that work strategically, cut costs, and have a positive cash flow. CB is doing all those things.
February 26th, 2009 at 2:31 pm
With monster switching gears and going into the outplacement business, maybe you should too. This plug/play program can get you going for less than a basic monster.com subscription.
https://www.optimalresume.com/outplacement.html
February 26th, 2009 at 2:44 pm
Couldn’t agree with Manynard Monster more! The only people aware of aggregator sites are those of us in the industry. If I asked everyone I know about what simply hired is 98% of them wouldn’t have a clue, the other 2% would either be lying b/c they think it is something they should know about or they sling postings for a living. Right now aggregators are tools for prospecting and will remain just that unless they find some halo investors to start advertising. To the dopes that think craigs list will be ever be anything but a crap shoot in their current business model I say get a clue… when I sell against “the list” I play dumb and just ask the prospect if their listings will also come up in results for “men seeking men.” Works every time.
February 26th, 2009 at 3:03 pm
Maynard Monster. You obviously don’t know what you’re talking about, and you must not have read my post. I’ll handle the “Are job seekers aware you exist” part though.
First, Indeed and Simply Hired are now 4th and 5th in traffic. So, yes…people know they exist. Indeed’s traffic has increased 80% year over year and Simply Hired’s has increased 150-200%. Monster has decreased and CB’s and HJ’s has increase in single digits. Notice the trend.
Second, if Monster, CB, and HJ blocked those two sites it has nothing to do w/ traffic. Those sites don’t drive traffic to the aggregators. The aggregators drive traffic to them. So, you obviously don’t know how it works. The Big 3 now need the aggregators more than the aggregators need them.
And from what I’ve heard both Simply Hired and Indeed make way more than $100k/month.
February 26th, 2009 at 5:17 pm
Just so everyone knows…..SimplyHired and Indeed drive a great deal of traffic to CB,Monster and HJ. Without them they would not be able to deliver the results they deliver today.
The big question is, when will they start selling direct?
By the way, I dont work for Indeed or SimplyHired but I can tell you that both of them generate a great deal more than $100,000 per month and dont need “free money” from investors.
If I was a big board I would try real hard to acquire one of them…..
Oh, and Craigslist is a monster in the industry. Anyone who thinks otherwise knows nothing about business at all.
February 26th, 2009 at 7:41 pm
This is hilarious – a pissing match between job boards and aggregators. A pissing match between SEM and Rafael. No wonder your sites are suffering – none of you are working. As a recruiter, I rarely use the boards but come here to see what’s happening in the online world. And as a recruiter, I seldomly use the boards. Hiring is about networking and who you know, not posting an ad and seeing what comes in. Have fun while I close a few deals.
February 26th, 2009 at 9:11 pm
To “Who leaves these posts” ignorance is not bliss. I’m sure your an inside sales rep at Monster making $50k/year calling on Mom and Pop Tire Shop for $5k/year. You won’t have a job in 3 months. You’ll probably be begging JuJu for a job.
The traffic #s don’t lie. http://www.marketwire.com/press-release/The-Nielsen-Company-954569.html. Simply Hired = 200% growth and Indeed = 80%.
February 26th, 2009 at 10:00 pm
I’m “in the industry” and between Twitter, Facebook and LinkedIN i consistantly educate frined and networking connections aka. job seekers about indeed and simply hired…trust me it’s virual and in this market it spreads like good gossip. Also a friend of mine is going through the right management outplacement modules and they are educating people there too. Additionally, Indeed and Simply Hired are getting their share of press on News shows.
welcome to 2009
February 27th, 2009 at 1:48 pm
The Careerbuilder item where they notified the city of chicago is total fabrication. It just is not true. With the world where it is there is always a possible layoff but there is not a planned layoff at this point
February 27th, 2009 at 2:25 pm
Rockstar – Realmatch and its powered by network are growing very nicely…not suffering at all.
Realmatch
http://siteanalytics.compete.com/realmatch.com/?metric=uv
Powered by Network
http://siteanalytics.compete.com/thejobnetwork.com/?metric=uv
February 27th, 2009 at 5:47 pm
You must be scraping the bottom of the barrel again for “cheese” like this.
February 27th, 2009 at 7:50 pm
RealMatch = 80k uniques…LOL.
February 27th, 2009 at 8:36 pm
Nice try SEM, Dude’s got 780,000 users and nice trends…It makes the 13,400 people using your site seem prety weak. I saw its time for some new blood!
February 27th, 2009 at 8:42 pm
Table 1: Top 10 Online Career Development Destinations for January 2009
(U.S., Home and Work)
Site Jan-08 UA (000) Jan-09 UA (000) Percent Growth
—- ————– ————– ————–
Career Development Category 41,457 49,745 20
CareerBuilder Network 19,667 20,778 6
Yahoo! HotJobs 10,968 11,728 7
Monster 10,697 9,476 -11
Indeed.com 3,259 5,835 79
USAJOBS 2,161 4,398 104
Simply Hired 1,232 3,801 209
Job.com 2,408 2,977 24
Snagajob.com 1,341 2,466 84
About.com Jobs & Careers 1,806 2,356 30
Kenexa 1,944 2,235 15
Source: Nielsen Online
February 28th, 2009 at 7:36 pm
John Bing, you obviously have NO IDEA what you are talking about.
According to the Department of Labor’s Worker Adjustment Notification Act, an employer MUST notify the city where they operate of upcoming layoffs.
http://www.doleta.gov/programs/factsht/warn.htm
March 1st, 2009 at 7:18 pm
Seriously – you’re obviously a CB employee/promoter/apologist. What would it matter if CB had 15 or 55 products outside of pay to post? There are no jobs to post.
I’ve been using the site for months since I was downsized outta CB, and even with all of the tools I had from working there…I have to say that as a job seeker, the product is incredibly ineffective.
And are they doing anything exciting, innovative or of value to improve the product, the user experience or the quality of jobs posted? Heck no, but if you’re a job seeker, they’ll sell you some pretty shiny icons (no, I’m not kidding) to attach to your resume.
March 2nd, 2009 at 12:10 am
Anyway the movie was totally overhyped and boring- DDL was awesome as usual but the plot was screwy, the pace was awful, and the original pretty fine novel had little to do with the screenplay…..3/10 at best.
March 2nd, 2009 at 6:25 pm
The rumors are all true. In order to stay profitable during this economic depression, we need to let a few more people go. The company will be working directly from Chicago and Atlanta. All of the other satellite offices will be shut down before the end of March. Some people may get offers to move to Chicago to continue to manage an abundant amount of account. I hope this is the last round and that this doesnt happen again.
March 2nd, 2009 at 8:03 pm
Management’s attitude is said to be, “Well if he/she doesn’t like it, they can leave and try to find a job in this economy.”
Sounds so familiar. Go Jobing!
March 3rd, 2009 at 1:51 am
Monsterbuilder…what site is that? I didn’t give any site.
March 3rd, 2009 at 1:02 pm
The CB company trip is going on in Cabo right now and we are all wondering if we will have jobs when we return. Just glad I made it to trip, the search will be on when I return.
March 4th, 2009 at 1:01 pm
Yeah I wonder how come CB is having a trip to Caboooo when layoffs seem around the corner. Oh well either its the decision of some genius management or …..
March 10th, 2009 at 1:48 pm
Cabo2, really? Some of you people really need to think things through before posting a blog comment. First off, the Cabo trip is a sales incentive trip, also known as President’s Club (which I assume you know about because you work for CB and probbaly didn’t make the trip). This is an EARNED trip by top performers and also an added incentive to look forward to for your hard work at the end of the year.
CB is budget conscious and worried about the well being of their employees. This is why upper management decided to cancel the Holiday party as well as many other initiatives to watch costs in this economic turmoil.
I also love the speculation that layoffs are right around the corner as well. You have no validity on those statements. Instead of focusing on gossip, do your job and guess what, you won’t have to worry about being laid off.
March 10th, 2009 at 4:01 pm
Dumbfounded – as a full CareerBuilder supporter (and customer), I’m happy to see your response. However, I do have to comment that I’m concerned at some of the expenses I see our CB team incurring. Had CB not come down in price for us in 2009, made multiple concessions, and practically laid it all on the line for us, I would be concerned that the good money we earn – and in return pay to CareerBuilder – was simply going toward *extremely* nice dinners (better than those my spouse and I get on date night), trips to warm places (again better than my spouse and I get), unnecessary travel for meetings that could be held via today’s superior technology (can you say video conferencing? LiveMeeting? GoTo Meeting?), etc. There is some extravagance there that should be considered.
Again – big fan of CareerBuilder, but something to think about. The impression is that there’s little regard to the economy. We would appreciate it more if you *didn’t* come to town for an afternoon meeting than coming into town spending money on a hotel, car, valet, dinner, tips, flight, etc. when we’re struggling to pay last month’s invoice.
That said…. this is temporary folks. Keep your chin up and do your job. And like Dumbfounded said – you just might not have to worry about being laid off. But even worrying about it doesn’t change a thing – just do your job.
March 10th, 2009 at 11:50 pm
CareerBuilderFan – I really appreciate your insight, and I can see where your feelings stem from. I however, have to respectfully disagree with you. In any business, building rapport and further strengthening relationships is a key factor to helping your own business grow (in any industry). I am sure you can appreciate this, because I assume you are in direct recruiting, and relationship building is probably an essential factor for you.
Yes, there are things like LiveMeeting and GoTo Meeting and CareerBuilder utilizes these resources (for the vast majority of their meetings as well). Since the creation of the telephone and the idea of doing sales directly over the phone, why did outside sales roles continue to further grow? Because meeting someone face to face helps build stronger relationships. Should every organzation with an outside sales force shutdown operations and force everything to be done inside? Didn’t CEO’s of these companies know (even in a good economy) that video Conferences would probably be more cost effective than a travel budget for their outside sales roles?
The simple truth is that some divisons within the organization are outside/inside roles. With the rep coming out to see you in person, and perhaps taking you out to lunch is not trying to be insensitive to your own perosnal situation or blatant disregard for the economy. Rather it is a sign of appreciation of your business and trying to help further stengthen the current relationship. If you are personally against the rep coming out to see you, then you should just respectuflly decline instead of facilitiating something you are completely against.
With that being said, CareerBuilder is still extremely sensitive of the times and have implemented cutbacks in their travel budget as well as many other areas to try and operate more efficiently. Just because the economy is down doesn’t mean that every business should completely alter the way they do business, but rather make sure they are a lot smarter with their methods than they normally would be – which CareerBuilder is doing.
March 11th, 2009 at 1:10 pm
Clearly, you work for CB…no idiot would argue those invalid points. We’ll, that’s not true, Monster may be able to compete with you on that level. Talk about something that matters, like keeping your job through the end of March.
March 12th, 2009 at 12:29 am
Dumbfounded WOW – you should keep doing your job as well! I am going to guess that your profession is a detective. Your deductive reasoning skills are unmacthed!! I will hire you next time I need a big case cracked
How did you ever guess that the other person works for CB? I’m happy that you wrote “clearly” for those of us who probably couldn’t figue it out.
I don’t even understand what your post means: “Talk about something that matters, like keeping your job through the end of March” – so that means you care about Dumbfounded’s job? Keep up the good posts!!
Dumbfounded – I agree with you (mostly)
March 12th, 2009 at 6:37 am
I do not want to distract you from your Careerbuilder bickering, but I did want to let you know that the “blood is flowing” at Jobing.com. Joel never reports anything negative about his friends in AZ since they gave him a free booth at SHRM last year when Jobing had set the record for the biggest SHRM booth of all time. It seems that the investment of theirs paid off with more layoffs this week as they continue to cut and cut. They are expecting more people to be fired today as their executives travel across the country from office to office.
March 12th, 2009 at 11:19 am
company conference call today with the CEO…standy by
March 12th, 2009 at 1:33 pm
CB just announced a 5% decrease in salary. From what I hear it will only affect managers. I’m sure more info will follow soon.
March 12th, 2009 at 2:55 pm
We know times are tough so there’s no way they can go out and find another job. They will worry to much about not being able to get one and end up sticking around. Let’s cut their salary by 10% and not give any more quarterly bonsues. But wait, let’s finish off the call with something to make them smile about – - Friday afternoons off.
Meeting over.
March 12th, 2009 at 5:10 pm
a 5% decrease in base salary for salespeople making $25K base?? With the new quotas, it takes everything you can do just to maybe hit the floor! How do they expect us to live off of that?!
I know people will say, you have to work hard and smart to hit your numbers, but c’mon! Not when you are calling smaller companies who aren’t even paying their previous invoices. Hitting the “floor” is a major feat that isn’t feasible for most.