 | |
| Company type | Subsidiary of Randstad Holding |
|---|---|
| Industry | Employment agency |
| Founded | 1967 |
| Headquarters | 133 Boston Post Road Building 15 Weston, Massachusetts [1] |
Area served | Worldwide |
| Parent | Randstad Holding |
| Website | www.corporate.monster.com |
Monster Worldwide, Inc., formerly TMP Worldwide, [2] is an American provider of employment services, most notably Monster.com. [3] Through online media sites and services, the company delivers targeted audiences to advertisers.[ citation needed ]
In 1967, [1] Andrew McKelvey founded Telephone Marketing Programs (TMP), a directional marketing company, focused on Yellow Pages advertising. [4] In 1993, McKelvey partnered with recruitment advertising innovator Don Tendler, formerly of Davis & Dorand, to launch and grow a recruitment division for TMP.[ citation needed ]
In 1995, TMP's recruitment division acquired The Monster Board and Online Career Center (OCC). TMP Worldwide went public in 1996 and its career websites grew and eventually merged as Monster.com in 1999.[ citation needed ]
Also in 1999, TMP Worldwide acquired LAI Worldwide, [5] [6] formerly Lamalie Associates, to create an executive search division.[ citation needed ]
TMP Worldwide was officially renamed Monster Worldwide in May 2003, [7] [3] with its divisions Monster, TMP Worldwide Advertising & Communications and TMP Worldwide Directional Marketing all keeping their names. [3] The former eResourcing and Executive Search divisions of TMP were also spun off to create Hudson Highland Group. The Yellow Pages directional marketing division was sold in 2005.[ citation needed ]
On August 31, 2006, Monster Worldwide's advertising and recruitment operations split to form TMP Worldwide Advertising & Communications, LLC in a US$45 million management buyout. [8] [9]
James J. Treacy (1959-2020), who served as president and CEO of Monster, was charged of conspiring with other officers of the company to systematically backdate option grants over a period from 1997 to 2003. He was found guilty by a jury in May 2009 in the United States District Court for the Southern District of New York, and was ultimately sentenced to serve two years in prison. [10]
In August 2016, Monster Worldwide was acquired by Dutch resource services provider Randstad for US$429 million. [11] [12]
On 1 July 2024, Randstad agreed to transfer a controlling interest in Monster Worldwide to CareerBuilder, LLC, represented by the latter's investors, including Apollo Funds. Randstad was to continue to hold a minority stake. The new company structure was to include senior executives from both companies. [13]
HIT Entertainment Limited was a British-American entertainment company founded in 1982 as Henson International Television, the international distribution arm of The Jim Henson Company, by Jim Henson, Peter Orton, and Sophie Turner Laing. Orton alone took over the company in 1989 after learning Henson intended to sell the company to The Walt Disney Company. HIT owned and distributed children's television series such as Thomas & Friends, Fireman Sam, Bob the Builder, Pingu, Barney & Friends, and Angelina Ballerina.
LinkedIn is a business and employment-focused social media platform that works through websites and mobile apps. It was launched on May 5, 2003 by Reid Hoffman and Eric Ly. Since December 2016, LinkedIn has been a wholly owned subsidiary of Microsoft. The platform is primarily used for professional networking and career development, and allows jobseekers to post their CVs and employers to post jobs. From 2015, most of the company's revenue came from selling access to information about its members to recruiters and sales professionals. LinkedIn has more than 1 billion registered members from over 200 countries and territories.
Monster.com is a global employment website that was established in 1999 as a result of the merger between The Monster Board and Online Career Centre.
Publicis Groupe is a French multinational advertising and public relations company. One of the oldest and largest marketing and communications companies in the world, it is headquartered in Paris.
Yahoo HotJobs, formerly known as hotjobs.com, was an online job search engine. It provided tools and advice for job seekers, employers, and staffing firms. It was acquired by Yahoo in 2002, then acquired by Monster Worldwide, owner of its major competitor Monster.com in 2010—leading to its merger with Monster.com and eventual closure.
The Adecco Group is a Swiss–French company based in Zürich, Switzerland. It is the world's second largest human resources provider and temporary staffing firm. It is a Fortune Global 500 company and is listed on the SIX Swiss Exchange.
Military.com is a website that provides news and information about the United States military, service members, veterans, and their families as well as foreign policy and broader national security issues.
Randstad NV, commonly known as Randstad and stylized as randstad, is a Dutch multinational human resource consulting firm headquartered in Diemen, Netherlands. It was founded in the Netherlands in 1960 by Gerrit Daleboudt and Frits Goldschmeding. It now operates in around 39 countries. The company is named after the Randstad region of the Netherlands. Randstad NV is listed as RAND on the AEX of Euronext Amsterdam. Goldschmeding was still its biggest shareholder, as of April 2023.
Indeed, Inc. is an American worldwide employment website for job listings launched in November 2004. It is an independent subsidiary of multinational company Recruit Holdings. It is headquartered in Austin, Texas, and Stamford, Connecticut, with additional offices around the world. As a single topic search engine, its central functionality is also an example of vertical search. Indeed is currently available in over 60 countries and 28 languages. In October 2010, Indeed.com surpassed Monster.com to become the highest-traffic job website in the United States.
Havas SA is a French multinational advertising and public relations company, with its registered office and head office in Puteaux, France.
Grey Group is a global advertising and marketing agency with headquarters in New York City, and 432 offices in 96 countries, operating in 154 cities. It is organized into four geographical units: North America; Europe, Middle East and Africa, Asia-Pacific, and Latin America.
Move, Inc. is a real estate listing company based in Santa Clara, California. The company operates the Move Network of real estate websites, the largest of which is Realtor.com. Move has a longstanding partnership with the National Association of Realtors, the real estate industry's largest trade association, for operating Realtor.com.
Comscore, Inc. is an American-based global media measurement and analytics company providing marketing data and analytics to enterprises, advertising agencies, brand marketers, and publishers.
Mega Brands Inc. is a Canadian children's toy company that is currently a wholly owned subsidiary of Mattel. Mega Bloks, a line of construction set toys, is its most popular product. Its other brands include Mega Construx, Mega Puzzles, and Board Dudes. The company distributes a wide range of construction toys, puzzles, and craft-based products.
UBM Technology Group, formerly CMP Publications, was a business-to-business multimedia company that provided information and integrated marketing services to technology professionals worldwide. It offered marketers and advertisers services such as print, newsletters, custom web sites, and events. Its products and services include newspapers, magazines, Internet products, research, education and training, trade shows and conferences, direct marketing services and custom publishing.
Radancy, formerly known as TMP Worldwide Advertising & Communications, LLC, is an independent technology company that provides SaaS for recruitment and talent acquisition. Headquartered in New York City, the company has 14 offices in the United States, as well as international locations in Brazil, Canada, Germany, France, Austria, the Netherlands, the United Kingdom, India and Singapore.
Affinity Labs is a company that builds social networking sites for niche groups such as firefighters, police officers, nurses and the Armed Forces. In January 2008, Affinity Labs was acquired by Monster Worldwide for US$61 million.
Bill Warren was a corporate human resource executive with Rockwell International and former President of Monster.com. He received the 1997 Employment Management Association’s Pericles Pro Meritus Award for being the founder of online recruiting on the Internet.
Andrew McKelvey was an American business mogul and chairman and chief executive of Monster Worldwide. He was a billionaire and a philanthropist through the McKelvey Foundation.
John Barker is an American entrepreneur and advertising executive based in New York City, NY. He is the founder of 3 companies: integrated advertising and interactive agency Barker/DZP; branded entertainment firm The ACME Brand Content Company, and multi-platform digital content production company Digital Zen Productions.
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