Cheezhead Recruiting News and Opinion

layoffs hit ontargetjobs network

By Joel Cheesman - Coal continues to fill the stockings of many job board employees this holiday season. The latest round of layoffs has occurred at onTargetJobs, a network of sites including BioSpace, Hcareers, RegionalHelpWanted.com and JobLoft. "In the six months that I have been here we have been working hard to consolidate the portfolio companies into a single entity with a range of 'niche' product lines," said CEO Mike Tansey. "At the same time that we were doing this we experienced a significant slowdown in certain markets that we anticipate will continue into next year. As a result we made some difficult decisions to consolidate certain functions across all of onTargetJobs. We are continuing to support and develop all of our individual brands." So, how many were laid off? Survey says ...