Wednesday, February 3, 2010

Yahoo Sells HotJobs To Monster

Yahoo has sold its online recruitment site, Yahoo! HotJobs, to Monster Worldwide, Monster said Wednesday afternoon. According to Monster, it is acquiring Yahoo! HotJobs for $225M in cash. The firm also said that the two firms have entered into a three year, traffic agreement, where Monster will become Yahoo's provider of career and job content on Yahoo!'s homepage.