The New York-based company said Thursday net income dropped 37% in the fourth quarter, to $28.6 million, or 24 cents per share, missing Wall Street's target of a 27-cent per share profit, according to Thomson Reuters. It cited the impact of the weakening economy on online recruitment services.
I really enjoyed reading the last sentence ;) because it took a high-paying PR person to come up with the phraseology...…
Added by Steve Levy on February 3, 2009 at 11:13am —
We'll nuke 'em and name still name it!
$400 Million is either lots of severance or not too much in the way of year end bonuses...
Added by Steve Levy on February 3, 2009 at 11:11am —
I know it’s not my imagination, because I’ve seen it with my own eyes…companies are filling positions with less than ideal candidates (not all of the skills, not the depth and breadth of experience, etc) to avoid paying for relocation.
It’s amazing; companies are still insisting that they are committed to getting the best possible person and are willing to pay relocation expenses to get them. However, as we continue to put candidates in process that would require relocation they… Continue
Added by bill martineau on February 3, 2009 at 10:43am —
Want split and full fee leads?
is the fastest growing split and full fee placement network is now open and offering a FREE 30 day recruiting trial membership
. The site helps recruiter’s to network with other member recruiters, candidates & employers, to make split-placements and full fee placements.
Added by Chris on February 3, 2009 at 10:20am —
NYTimes article - very human:
I spoke and told everyone that our biggest expense was headcount and that we had to lay a few people off. I said that the executives were going to leave the room, call people out one by one, and help those whose jobs were being eliminated to pack. We hoped to save them from embarrassment.
~ Matt Cooper, vice president of Accolo, a recruitment outsourcing company
Read the whole article… Continue
Added by Maureen Sharib on February 3, 2009 at 10:00am —
Today on the MagicMethod Phone Sourcing Classroom Chat we're going to be talking about the social networks we're using and what we like/don't like about each. I saw an interesting remark from Harold Meller over on Facebook today to John Sumser about the evolution of a couple of the social networks - it asked: Is Facebook Taking Out Linkedin? My usage over the last… Continue
Added by Maureen Sharib on February 3, 2009 at 9:30am —
I wrote a blog post about why recruiters fail. I firmly believe that self sabotage is the number one reason why most recruiters aren't where they want to be. You can read about it on my blog post here:
Also, I launched my online recruiter training center today. I have free videos, free articles, and free downloads on it. Visit it at… Continue
Added by Scott Love on February 3, 2009 at 8:56am —
I am motivated to write this however will begin in saying that I pray my words do not lead anyone to believe I am not sensitive to what is going on in the country and the economic situation of people all over the world. However I write on the comments and expectations I see sewn throughout the conversations on the net about the changing government and the increase our new leadership will offer.
Let us be honest, if change happens - our government will have done little for our… Continue
Added by Jason Monastra on February 3, 2009 at 8:46am —
I am a Professional, results oriented, customer focused Recruiter, skilled at building relationships with hiring managers to ensure success in hiring employees. I am experienced in all methods of direct and indirect recruiting and knowledgeable in numerous applicant tracking systems. The industries in which I have recruited include Information Systems and Services, Engineering, Finance, Manufacturing, Banking, Sales, and Clinical Laboratory, Life Sciences, Food Sciences and… Continue
Added by Dennis on February 2, 2009 at 6:55pm —
Recruiting Lessons to be Learned from the Super Bowl: http://tinyurl.com/dagjnj
Added by Brent Shopp on February 2, 2009 at 6:54pm —
Kindly forward any of your consultants who are a fit.
Position: Manager, Internal Audit
Location: Princeton, NJ
Duration: Long Term
• Lead, as assigned, Internal Audits, including both Operational and Financial Audits, in accordance with Auditing Standards
• Prepare for Audits by evaluating Key Risks in the Audit Area, establishing Audit Objectives; developing Timetables and Schedules, and… Continue
Added by RT on February 2, 2009 at 4:08pm —
Kindly forward any of your consultants who are a match
Position: Application Packaging Specialist or Client/Server Operations Analyst with the following skills:
Term: 3 – 6 months +
Location: Pittsburgh, Liberty Ave
Hours: 40 hrs. M-F
Prefer either US Citizens or Green card holders if you have anyone.
Ø Solid understanding of client / server relationships in order to identify problem sources… Continue
Added by RT on February 2, 2009 at 3:33pm —
I was working the last 6 months onsite for one of my clients. The company was 2 hours from home so I lived in the Silicon Valley near my client's site and came home for the week-ends. While I loved the work, I can say the working away from home can be less than convenient. I had a great home-away-from home at the Homewood Suites in Santa Clara. Ask for Doyle if you are ever there.
I finished my contract and I am now working back at the home office, trying to get back into the… Continue
Added by Sherry Junker on February 2, 2009 at 3:01pm —
Added by Gerard van der Schaaf on February 2, 2009 at 1:44pm —
Jay, 32, came to Silicon Valley to work in 2005, after obtaining a doctorate from Cornell in electrical engineering. After four years in the valley, his green card was in process, his job seemed secure, and then "... The Crunch.
Now we can see the true holes
in our H1-B immigration policies...
Added by Steve Levy on February 2, 2009 at 1:19pm —
Well, the first recruiter meet up in the Philadelphia area has come and gone and I have to say it was a great success. With over 60 recruiters strong, the conversation was full of really strong best practices and strategy sharing regarding social media and leveraging web 2.0 technologies in our day to day. So much of our job is about process, strategy and now more than ever technology.
I’ve been asked many times… Continue
Added by Ryan Leary on February 2, 2009 at 11:38am —
Survey for HR & Recruiting Professionals
HR & Recruiting Professionals: Please take a short 13 question survey to help those in the job search.
Click here to take survey
Results will be discussed in future blog posts at www.bloggingforjobs.blogspot.com to come and shared with HR professionals and job seekers alike.
Jessica Miller-Merrell is a Human Resource professional with a passion for recruiting and… Continue
Added by Jessica Miller-Merrell on February 2, 2009 at 11:33am —
A while back, some genius decided to cut and paste Full job description from Recruit Alliance which caused a huge security threat to Recruit Alliance and everyone that uses it. As a result, the site was forced to ‘lock’ it’s descriptions in order to protect its intellectual properties and the integrity of the service. Rightfully so!! Inadvertently, locking the descriptions threw a wrench in the way I organize and track of my reqs which caused a logistics nightmare for me. I called over to the… Continue
Added by Greg Amerault on February 2, 2009 at 10:58am —
Well that was fun, but not really.
Football is a violent sport- that's one of the reasons why we enjoy it- because the violence is in support of the goal; part of the price of victory. Two weeks ago, the Steelers-Ravens collision was one of the most violent football games I ever watched- scary at times in its intensity.
So when you watch the Super Bowl, the ads have always… Continue
Added by Martin H.Snyder on February 2, 2009 at 9:30am —
With more and more companies reducing headcount a trend has emerged that has me baffled. As you might expect we’ve targeted companies that are performing poorly because they are easier to recruit from since logically many more people are looking to “jump ship”, but what we’ve seen is that while many of these potential candidates are expecting to be let go the are actually waiting around for it to happen.
The big reason….the severance package…Huh?
Yes it seems the belief of… Continue
Added by bill martineau on February 2, 2009 at 9:11am —