Comments on: Scratch that, Job Boards will die http://blog.cachinko.com/2010/07/22/scratch-that-job-boards-will-die/?utm_source=rss&utm_medium=rss&utm_campaign=scratch-that-job-boards-will-die Job Matching & Career Networking on Facebook Mon, 06 Feb 2012 15:47:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Felipe Villasenor http://blog.cachinko.com/2010/07/22/scratch-that-job-boards-will-die/#comment-478 Felipe Villasenor Tue, 16 Nov 2010 20:26:13 +0000 http://blog.cachinko.com/?p=262#comment-478 Fernando: Monster never had the edge that CareerBuilder had, but they have stacks of cash. Monster bought HotJobs and Dice Holdings continues to grow through acquisition of other niche job boards. Job boards can't significantly grow on their own, so they must grow by consolidating other job boards into their constantly collapsing empire - this is the only way they know to show share holders and venture capital firms their valuation can increase in the short term. The internet is an awesome medium for Employers and Job Seekers, but job boards are now losing their luster because Social Recruiting (LinkedIn, Cachinko, Facebook, etc.) solutions provide a better way to connect people to jobs. No need to listen to me preach, just look at the declining sales at all the major job boards over the past few years. -Felipe Fernando:

Monster never had the edge that CareerBuilder had, but they have stacks of cash. Monster bought HotJobs and Dice Holdings continues to grow through acquisition of other niche job boards. Job boards can’t significantly grow on their own, so they must grow by consolidating other job boards into their constantly collapsing empire – this is the only way they know to show share holders and venture capital firms their valuation can increase in the short term. The internet is an awesome medium for Employers and Job Seekers, but job boards are now losing their luster because Social Recruiting (LinkedIn, Cachinko, Facebook, etc.) solutions provide a better way to connect people to jobs. No need to listen to me preach, just look at the declining sales at all the major job boards over the past few years.

-Felipe

]]> By: Fernando Bravo http://blog.cachinko.com/2010/07/22/scratch-that-job-boards-will-die/#comment-83 Fernando Bravo Fri, 27 Aug 2010 18:19:08 +0000 http://blog.cachinko.com/?p=262#comment-83 Good post. I'm not so sure job boards are on the decline, so much as that we are due for the next step in the evolution that began with the newspaper classifieds and today continues with the online job board. Indeed.com is aggregating job boards (something which very many sites attempted to do also, by not posting their own job ads, but instead those of others). CareerBuilder seems to be the job board that has the market cornered, which would make Indeed's attempt to aggregate pointless, if they are not careful. And, Monster never had the edge that CareerBuilder had of being linked to the most newspaper classifieds in the country, and I therefore doubt they will ever catch up, unless they come up with something truly revolutionary. And that bring me back to your point about innovation. I agree; its time. As for your point about the de-personalization of the hiring process, yes, the internet gives employers greater access to far greater QUANTITIES of people in mass, which reduces the value of the individual candidate, but I believe this is only true during the application process, because, when its time to hire, the employer still has to sit down with the candidate and initiate a dialogue (interview, hire, etc.). Good post. I’m not so sure job boards are on the decline, so much as that we are due for the next step in the evolution that began with the newspaper classifieds and today continues with the online job board. Indeed.com is aggregating job boards (something which very many sites attempted to do also, by not posting their own job ads, but instead those of others). CareerBuilder seems to be the job board that has the market cornered, which would make Indeed’s attempt to aggregate pointless, if they are not careful. And, Monster never had the edge that CareerBuilder had of being linked to the most newspaper classifieds in the country, and I therefore doubt they will ever catch up, unless they come up with something truly revolutionary. And that bring me back to your point about innovation. I agree; its time. As for your point about the de-personalization of the hiring process, yes, the internet gives employers greater access to far greater QUANTITIES of people in mass, which reduces the value of the individual candidate, but I believe this is only true during the application process, because, when its time to hire, the employer still has to sit down with the candidate and initiate a dialogue (interview, hire, etc.).

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