Monster and CareerBuilder, once popular with job seekers, file for bankruptcy

CNN Business ^ | 06/26/2025 | Jordan Valinsky

[SeekAndFind]

Monster and CareerBuilder, once two of the most popular websites for job seekers at the height of the dot-com era, have filed for bankruptcy.

The two sites, which merged last year to become one entity named Monster + CareerBuilder, voluntary filed for Chapter 11 Tuesday, announcing that the company is selling various parts of its businesses to several buyers as part of a court-supervised process, a press release said.

Monster and CareerBuilder were some of the biggest companies in the late 1990s and early 2000s, with the former brand so popular that it often bought Super Bowl commercials promoting its services. However, both have fallen out of favor for job hunters with the rise of competitors like Indeed, Glassdoor and Microsoft-owned LinkedIn in recent years.

Jeff Furman, CEO of CareerBuilder + Monster, said in statement that its “business has been affected by a challenging and uncertain macroeconomic environment” and determined that “initiating this court-supervised sale process is the best path toward maximizing the value of our businesses and preserving jobs.”

The most recognizable part of CareerBuilder and Monster — their job boards — is being sold to JobGet, a platform for gig and hourly workers searching for jobs. Monster Government Services, which provides software to state and federal governments, is being sold to Canadian-based Valsoft Corporation.

Also, its media division — the two companies own Military.com and FastWeb.com — is being sold to Canadian media company Valnet. All purchases require court approval, with the sales subject to higher offers.

Furman said the company is “making difficult but necessary decisions to reduce costs and help ensure a seamless transition of our businesses,” including layoffs. It has received $20 million in financing to keep operating during the bankruptcy process.

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TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: bankruptcy; careerbuilder; linkedin; monster

[Tell It Right]

Evidently they didn’t switch their marketing over to the illegal aliens and HiB’s who are getting all the jobs.

[dragnet2]

Watch for the fraud. Those sites/employers collect your data and getting you a job is not their concern or what motivates them.

[E. Pluribus Unum]

Hopefully Google, Meta and Amazon will someday be filing for bankruptcy.

[Kriggerel]

I never found so much as one, single job off of ANY of those sites (toss in LinkedIn, Indeed and Dice as well)... Not ONE.

Every job I have ever had, I have obtained through old-fashioned pavement-pounding, and one or two through recognised Temp Agencies. Nothing else has EVER worked, period.

[montag813]

Oh, is that why Military.com is a leftist rag?

[ducttape45]

Same here. Those websites, ALL job seeker websites that I tried, were a waste of time, and I tried many.

[chrisser]

I got a job once through Monster, but it was years ago when they didn’t suck. CareerBuilder’s always been a clown show - I’m surprised they lasted this long. Monster seemed to copy off them for inspiration, so it was no surprise people stopped using Monster.

It’s unfortunate that we’re basically left with LinkedIn and Indeed. I loathe what LinkedIn has become. Kind of ambivalent about Indeed.

Seems like this should be a relatively easy problem to solve - people looking for jobs, companies looking for people - yet it always seems to go south and get hijacked into multiple levels of scam, grift and incompetence.

[Hyman Roth]

Thank you. I thought it was just me.

[ProtectOurFreedom]

I landed 5 or 6 jobs on job boards.