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Monster Worldwide acquires Jobr; refocuses its efforts on mobile

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Monster Worldwide has announced its acquisition of Jobr, a mobile job discovery app, in an official statement. The company stated that it intends to utilise the Jobr team and core assets to expand Monster’s mobile capabilities and accelerate the development of its recruiting platform on mobile. The financial terms of the deal were not disclosed.

Monster stated that it will immediately begin integrating the app with its own platform, though job listings of Monster.com were already featured on the Jobr app. It stated that it will focus on building the key capabilities initially including single sign-on for users and developing Monster membership workflows. Single sign-on (SSO) is a session/user authentication process that permits a user to enter one name and password in order to access multiple applications.

It believes that the “mobile-first approach to connecting jobs and people” of Jobr will enhance Monster’s global talent platform for job search, people search and related solutions across mobile channels. The company will also work to extend the Jobr app to other markets in which it operates, through early 2017.

Jobr stated in a blog post that the two companies had been working together for over a year. In an earlier post, it had claimed to have over a million open jobs on the platform, which candidates had swiped over 100 million times. Jobr uses a Tinder-like model, allowing job seekers to connect with or dismiss, job opportunities by swiping right or left on job postings and then apply to those jobs. For recruiters, Jobr also provides tools to manage and interact with applicants.

Competition

Jobr is not the only Tinder-like job hunting app.

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– In February 2015, Super, a mobile resume builder app, had  introduced a feature called Super Jobs (beta) allowing employers and candidates to match with each other the Tinder way by swiping through each other’s profiles and ‘like’ them by swiping right. If both the employer and the candidate ‘like’ each other’s profiles, the app connects them.

– Another similar jobs app Switch, lets users search anonymously for jobs through a User Interface similar to Tinder, allowing the users to swipe right or left on potential positions and connect the employer and the candidate upon a mutual match, according to TechCrunch.

Past Developments

– In February, Monster had announced that it is extending its social job ads platform to include Facebook, which will increase the reach of the product to over 60% of the UK internet population who regularly use the platform.

– In February 2014, Monster had acquired TalentBin, a social profile talent search engine, and Gozaik, a developer of social jobs aggregation and distribution technology.

– In February 2010, Monster had acquired Yahoo!’s Hotjobs sub site for $225 million to power job classifieds for Yahoo!’s homepage in the United States and Canada for three years.

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