CareerBuilder Monster Merger

They boys are talkin' CareerBuilder and Monster merging this week. The deal is expected to close in Q3 and is subject to regulatory approvals. This merger comes as both companies have faced challenges in recent years, with CareerBuilder being sold off in pieces by Apollo and Monster struggling to revive its brand under Randstad's guidance. It remains to be seen how this merger will impact the job board industry and the competition with Indeed, LinkedIn and others.

They also talk about Phenom's acquisition of Tidy and its implications for the applicant tracking system space. The conversation then shifts to LinkedIn's new AI features and the controversy surrounding them, as well as the emergence of Unikon.ai as a potential competitor to LinkedIn in India. Finally, they discuss a lawsuit in Florida challenging a new law that raises the age requirement for strippers, er, adult entertainment workers.

Chapters

00:00 - CareerBuilder and Monster Merger

17:09 - Challenges and Timing

18:03 - Impact on the Job Board Industry

19:50 - Competition with Indeed and LinkedIn

20:02 - Apollo's Strategy

20:52 - Monster's Struggle

27:55 - Phenom's Expansion into the ATS Space

34:42 - LinkedIn's AI Features

40:07- -Unikon: A Competitor to LinkedIn

45:23 - Challenging Florida's Law on Adult Entertainment Workers

Keywords

CareerBuilder, Monster, merger, Apollo Global Management, job board, acquisition, staffing, competition, Indeed, LinkedIn, Monster, StepStone, acquisition, Phenom, Tidy, applicant tracking system, LinkedIn, AI features, Unikon, professional networking, Florida, strip clubs, adult entertainment workers