{"id":1102,"date":"2007-07-31T13:39:46","date_gmt":"2007-07-31T18:39:46","guid":{"rendered":"http:\/\/selectmetrix.com\/blogs\/2007\/07\/a-smaller-monster\/"},"modified":"2007-07-31T13:39:47","modified_gmt":"2007-07-31T18:39:47","slug":"a-smaller-monster","status":"publish","type":"post","link":"https:\/\/selectmetrix.com\/blogs\/2007\/07\/a-smaller-monster\/","title":{"rendered":"A Smaller Monster"},"content":{"rendered":"

It appears that Monster.com’s legal woes are impacting their bottom line. They are laying off 800 employees. From the Pioneer Press’ Monster to cut 800 jobs<\/a>:<\/p>\n

\n
Monster, which has been grappling with an investigation into its stock-option granting practices, said second-quarter operating expenses swelled by 34 percent, largely because of higher legal fees and severance payments. Profit fell 28 percent in the quarter, even as sales rose<\/strong>.<\/p>\n<\/blockquote>\n
Good lesson here – businesses grow on profit, not revenue. That should be obvious, but we still talk to salespeople who seem unaware of this truth.<\/p>\n","protected":false},"excerpt":{"rendered":"
It appears that Monster.com’s legal woes are impacting their bottom line. They are laying off 800 employees. From the Pioneer Press’ Monster to cut 800 jobs: Monster, which has been grappling with an investigation into its stock-option granting practices, said second-quarter operating expenses swelled by 34 percent, largely because of higher legal fees and severance payments. Profit fell 28 percent in the quarter, even as sales rose. Good lesson here – businesses grow on profit, not revenue. That should be obvious, but we still talk to salespeople who seem unaware of this truth.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[15,5],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-hM","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1102"}],"collection":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=1102"}],"version-history":[{"count":0,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1102\/revisions"}],"wp:attachment":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=1102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=1102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=1102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}