{"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":"<p>It appears that Monster.com&#8217;s legal woes are impacting their bottom line.&nbsp; They are laying off 800 employees.&nbsp; From the Pioneer Press&#8217; <a href=\"http:\/\/www.twincities.com\/ci_6502969?source=rss\" target=\"_blank\">Monster to cut 800 jobs<\/a>:<\/p>\n<blockquote>\n<p>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. <strong>Profit fell 28 percent in the quarter, even as sales rose<\/strong>.<\/p>\n<\/blockquote>\n<p>Good lesson here &#8211; businesses grow on profit, not revenue.&nbsp; That should be obvious, but we still talk to salespeople who seem unaware of this truth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It appears that Monster.com&#8217;s legal woes are impacting their bottom line.&nbsp; They are laying off 800 employees.&nbsp; From the Pioneer Press&#8217; 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 &#8211; businesses grow on profit, not revenue.&nbsp; 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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_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","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[15,5],"tags":[],"class_list":["post-1102","post","type-post","status-publish","format-standard","hentry","category-sourcing","category-trends"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-hM","jetpack-related-posts":[{"id":78,"url":"https:\/\/selectmetrix.com\/blogs\/2006\/06\/an-employees-market\/","url_meta":{"origin":1102,"position":0},"title":"An Employee&#8217;s Market","author":"Derrick Moe","date":"June 1, 2006","format":false,"excerpt":"The economy is roaring after 5.3% growth in GDP last quarter. We have recently started tracking this monster.com index and it appears to be quite accurate. The takeaway stat: The index, which Monster said is a strong predictor of overall U.S. demand for workers, is up 25 percent over the\u2026","rel":"","context":"In &quot;Hiring&quot;","block_context":{"text":"Hiring","link":"https:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1746,"url":"https:\/\/selectmetrix.com\/blogs\/2008\/10\/linkedin-registrations-booming\/","url_meta":{"origin":1102,"position":1},"title":"LinkedIn Registrations Booming","author":"Lee Fratzke","date":"October 3, 2008","format":false,"excerpt":"Seems like LinkedIn is benefiting from the recent financial industries crisis.\u00a0 According to a post at Cheezhead they have had significant increases in registrations and in recommendations: The site has reported a 17 percent increase in registrations in the last two weeks. They are now claiming to reach 28 million\u2026","rel":"","context":"In &quot;Networking&quot;","block_context":{"text":"Networking","link":"https:\/\/selectmetrix.com\/blogs\/category\/networking\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":426,"url":"https:\/\/selectmetrix.com\/blogs\/2006\/11\/top-job-boards\/","url_meta":{"origin":1102,"position":2},"title":"Top Job Boards","author":"Lee Fratzke","date":"November 8, 2006","format":false,"excerpt":"I'm sure you can guess the top 2 job boards, no surprises there, but who is number one. Careerbuilder nudges out Monster by 400,000 more ads in a quarter. But what boards round out the top 10, that might suprise you. Check out the list at Workforce.com.","rel":"","context":"In &quot;Hiring&quot;","block_context":{"text":"Hiring","link":"https:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":176,"url":"https:\/\/selectmetrix.com\/blogs\/2006\/07\/sourcing-in-minnesota\/","url_meta":{"origin":1102,"position":3},"title":"Sourcing in Minnesota","author":"Derrick Moe","date":"July 19, 2006","format":false,"excerpt":"The latest jobs report for our home state shows that Minnesota added the most jobs in a quarter since 1984. Of course, the journalist strangely felt obligated to follow that impressive fact with multiple paragraphs downplaying the incredible growth. Our state unemployment is now down to 3.6% which has affected\u2026","rel":"","context":"In &quot;Hiring&quot;","block_context":{"text":"Hiring","link":"https:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1395,"url":"https:\/\/selectmetrix.com\/blogs\/2008\/01\/the-wrong-stuff\/","url_meta":{"origin":1102,"position":4},"title":"The Wrong Stuff","author":"Derrick Moe","date":"January 28, 2008","format":false,"excerpt":"Are you aware of all of the interview questions being asked behind close doors at your company?\u00a0 There are many hiring managers who are unaware of what constitutes a good interview questions. Most managers know enough to avoid questions regarding marital status, religion and ethnicity, but how about the oddball\u2026","rel":"","context":"In &quot;Communication&quot;","block_context":{"text":"Communication","link":"https:\/\/selectmetrix.com\/blogs\/category\/communication\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2320,"url":"https:\/\/selectmetrix.com\/blogs\/2010\/04\/good-sign-bad-sign\/","url_meta":{"origin":1102,"position":5},"title":"Good Sign, Bad Sign","author":"Derrick Moe","date":"April 27, 2010","format":false,"excerpt":"As is so often the case in this economy, the market is sending mixed signals.\u00a0 From one article on abcnews.com: The economic strength, both in U.S. and international markets, plus cost cuts, higher rates and fuel surcharges led to a 33 percent increase in first-quarter profit. UPS boosted its full-year\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1102","targetHints":{"allow":["GET"]}}],"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}]}}<!-- WP Super Cache is installed but broken. 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