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risesmart gets $3 million in funding

9. December 2008

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By Vanessa Dennis - RiseSmart, a $100K+ job site and HR services provider, has announced that it has secured $3 million in Series A financing from Northwest Venture Partners. Sanjay Sathe, CEO of RiseSmart, said that while traditional job boards are struggling, RiseSmart is enjoying success because their model is built around the job seeker. "The biggest problem for jobseekers is that finding the right job using job boards is extremely time-consuming and inefficient.," Sathe said. "It’s like searching for a needle in a haystack. This is the problem RiseSmart was created to solve."

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jobster after goldberg: one year later

8. December 2008

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By Vanessa Dennis - It's been almost a year since Jason Goldberg, one of the most dynamic, albeit controversial leaders in the employment industry, left his post at Jobster to focus on another startup. Whether you liked him or not, one thing is for sure: Goldberg was a journalist's dream. Whether he was allegedly threatening to murder his staff for leaking company information, poking the Bear, or blogging about almost drowning in his Prada shoes, you knew that Goldberg's this-is-who-I-am-and-if-you-don't-like-it-you-can-go-screw-yourself attitude would eventually land him in hot water. I sat down with a former Jobster employee to get his thoughts on whether the job site's situation has improved since Goldberg's departure or if Jobster continues to hold the title of "the Swiss Army knife" of the industry.

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ax falling hard at careerbuilder?

4. December 2008

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By Joel Cheesman - We can confirm what has been called by a source as a “massive” layoff tomorrow at CareerBuilder. This round of “rightsizing” is apparently the third since around summer 2008, however the first two were described as “pretty mild” compared to this action. Estimates are putting the number between 200-300, or roughly 10-15 percent of their labor force. Also, unlike earlier cuts, this round allegedly includes executives.

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hr advice: skip fruit baskets in 2009

4. December 2008

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By Laurie Ruettimann - I haven't always been a PunkRockHR blogger. At one point in my life, I was a career-oriented professional who believed in HR process, policy, and rules. Then one day, back in 2002, I was approached by sales representative from AIRS. I held the dual position of Global Staffing Manager and HR Manager for a widely respected insurance company in Chicago, and when the sales representative asked me to lunch, it confirmed what I foolishly believed about myself: I was talented, important, and very punk rock. You want to go to lunch with me? Of course you do. Everyone wants a piece of me.

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taleo exec: allegations are unfounded

3. December 2008

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By Vanessa Dennis - Last week I wrote about why November has been a tough month for Taleo, a global provider of talent management software. The company and its directors have been hit with a steady string of lawsuits since their auditors Deloitte and Touche announced they were going forward with a review of Taleo's revenue recognition process. Nate Swanson, Taleo's VP of Investor Relations, sat down with me to clarify the reevaluation of the revenue recognition process and what this means for Taleo and its investors in the long run.

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monster ceo editing yahoo! finance message board?

1. December 2008

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By Joel Cheesman - An anonymous e-mail came across my desk last week charging Monster CEO Sal Iannuzzi with deleting content on Yahoo! Finance’s message board with less than appealing words for the stock and its leadership. “Sal our CEO seems to be upset with my Yahoo MB posting and keeps getting it pulled down! He cannot handle detractors who have figured him out. Here’s to free-speech,” said someone calling himself “Tim Goldman.” A quick look reveals there may have been some foul play.

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taleo’s nightmarish november

24. November 2008

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By Vanessa Dennis - While most people are celebrating the holidays with family and co-workers this month, Taleo, the provider of talent management software, has little reason to rejoice. The company has experienced a steady string of setbacks, beginning with their Q3 financial call and continuing with a bevy of lawsuits that threaten to rattle the core of this globally renowned company. Let's take a look at the timeline of events and hear an expert's advice on what this means for the software giant in the long run.

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