• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » CareerBuilder, Monster finalize merger deal

CareerBuilder, Monster finalize merger deal

Photo from CareerBuilder

ILLINOIS, UNITED STATES—CareerBuilder and Monster have officially completed their merger, combining two of the industry’s most prominent job boards. 

The companies announced the finalization of the deal after receiving all necessary regulatory approvals, a move expected to increase the scale and reach of their job search and recruitment services.

The combined entity, temporarily known as CareerBuilder + Monster, aims to leverage the strengths of both brands to better serve employers and job seekers in an evolving talent marketplace.

Leadership team announced for combined company

Jeff Furman, CEO of the newly merged company, expressed enthusiasm about the union: “We are able to leverage the best-in-class solutions, capabilities, and expertise from both companies to better serve both our candidates and employers and help them navigate the evolving talent marketplace.” 

The company also announced a new leadership team. Dinesh Arora will serve as Chief Technology Officer, Scott Blumsack as Chief Marketing and Strategy Officer, and Brian Burbrink as Chief People Officer. Other key figures include Leslie Cope as Chief Product Officer, Ahern Dull as Chief Operating Officer, Mark Pacioni as General Counsel, and Mike Suhajda as Chief Financial Officer.

Market position and future prospects

According to the Online Job Advertising Market: 2024 Update report by Staffing Industry Analysts (SIA), Randstad with Monster ranked 20th in online job advertising revenue globally, generating $211 million in 2023 prior to the merger. CareerBuilder followed closely at 21st place with $200 million in revenue. 

The combination of these two industry giants is expected to create a more competitive entity in the job board market.

CareerBuilder, with over 25 years of experience, operates in the U.S., Europe, Asia, and Canada, offering a job board and recruiting platform. Monster, founded in 1994, has a global presence and is known for its innovative digital solutions in the recruitment industry.

Both websites will continue to operate separately for now, and further details about branding and integration will be announced later. 

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 450+ podcast episodes, and a comprehensive directory with 4000+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image