Happy Friday, friends of the job doctor!

There is a lot in my mind this week, so let’s continue to do so.

• Carerbuilder + Monster Asset Sales Close
• The monster Europe and Canada think
• Smartrecruits The acquisition alert

Carerbuilder + Monster has been sold

from SiaOn July 31 – just more than a month after submitting bankruptcy – the sale of Carerbuilder + Monster and their commercial companies were finished.

Therefore, can we finally close this chapter and write our recent ideas about the giants of the Job Council?

No – not yet.

The monster Europe and Canada think

In the wake of the approval of the sale of the bankruptcy court on July 28, the transfer process accelerated – in a hurry, and in my opinion, randomly.

On July 30, the monster sites began all over Europe and Canada began to re -guide to a Transition page:

message? “The site is currently not available. Thank you for your chest capacity.” At the same time, and The monster location specified It still lists all non-American sites-which all redirect to the same transition page.

Unfortunately, communication with employees, partners and clients seems less eloquent.

Udo Failk, Member of the Board of Directors in Raven51 AG (German Employment Ads Agency), Share an email He received from the Monster Germany team after The site went.

The translated version indicates that the team was It has not been consulted with her and she was not warned About closing.

But why now?

In the middle Bankruptcy Chaos, poor optics (And reality) about how Monster employees Outside the United States, and No buyer For European business –Why Pull the plug now?

Why is it not a well -studied and continuous process?

In terms of sitting, there are potential interpretations:

1. Warning notice

As our team was first informed, American employees were notified on their last day, aUgly 4th, 2025With the US headquarters scheduled for closure.

Therefore, perhaps with the days of headquarters from the displaced, they rushed to cut all European systems to reach European systems – which leads to a difficult launch in the liquidation of international origins.

This feels, at best, stupid. In the worst case? Really, really stupid.

If the goal is to filter, then why are the value of these areas exceeded –He immediately killed contracts of content, confidence and senior economic officials?

2. Asset purchase agreement (APA)

After reviewing the APA submitted on Monday for the Job Council Company, I think logic becomes more clear.

In simple phrases:

APA includes purchase “a job” And everything “IP Business,” Which includes everyone Monster and Carerbuilder I and IP- It excludes “non-essential works”.“

According to APA definitions:

• He – she = “Job Panel Technology” used by both basic and non -essential works
• IP = All names, fields and brands
• Non -basic business = Monster Goovernment Services (MGS) and Monster Media Properties (MMP), including Military.com and Fastweb.com

What does this mean?

The “Work Panel Technology” is sold for bold support everyone Monster and Carerbuilder sites, including international sites, as well as MGS and MMP.

However, MGS and MMP are only explicit A 12 -month license To continue using technology.

From APA: “The buyer must provide the third -party buyer in place … a license of at least twelve (12) months to use the job board technology in the same way …”

International business? There is no period for this. Therefore, as of July 31, European websites have lost itself The technology necessary to work or finish the job.

Did Bold got international fields?

maybe? It makes sense if Bold has commercial and IP brands in the world. But the specific fields are not listed in APA – they are detailed in Transitional Services ConventionAnd that has not been published yet.

In the end, Apollo and Randstad did not leave any applicable way forward to Monster Eurpe. They simply killed the DNS update click.

Special alert: SAP to acquire Smartrecruits

It was announced today: SAP entered into an agreement to obtain Smartrecruits, with the expected Q4 2025.

Smartrecruors CEO Rebecca Car From the press statement:

“Smartrecruits has always been to make employment easy. Joining SAP offers an enormous opportunity for institutions all over the world to take advantage of our pioneering approach to industry in obtaining talents. I cannot be more excited about the opportunity that this planned acquisition of our customers, partners and employees is made because we build the future of employment together.”

The sale price has not been revealed, but it is rumored that it exceeds 1 billion US dollars.

🔗 SAP press release

🚨Reality

This week, we hear from two votes:

Peter ZoumanmanFounder Target: In a warm comment, Peter calls Randstad directly:

Here is a blatant lie by a company that claims to work in the field of people: “We are respectful. We appreciate our relationships and deal with people well. “

🔗 Read the full Peter Take

Forget McLoric: The 17 -year -old European Monster employee shares her story on LinkedIn.

🔗 Read the Lensi publication

What is the next in CareerBuilder + Monster Saga?

Will anyone take responsibility? I will search for some additional results from the bankruptcy file, in the hope of reporting the positive employees’ transfers to broad And anything else I can drill.

Next week, we hear from Michael Woodro With the updated job numbers from Aspentec.

Even next time,

JollyDocument“Sawash

(Do you want to get the posts of the Job Board of Jobs via email? Subscribe here))

(Do you have advice, document, or Intel you want to share with DOC? Tell me.)

Related