Job recruiting site CareerBuilder + Monster declares bankruptcy
Once the heavyweights of job-recruiting websites during the dot-com boom, CareerBuilder and Monster, filed for Chapter 11 bankruptcy protection Tuesday, almost one year after merging, according to court filings from Delaware.
CareerBuilder + Monster is selling off core components of its business, including its job board, according to the company's news release. Three different buyers are slated to take over, unless higher bidders emerge during the Chapter 11 process. The most well-known component, its job board, is in line to be sold to the Boston-based employment recruitment service JobGet Inc.
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