Let’s start with what happens to Monster. This deal is doomed. As famed investor Warren Buffet once observed, "When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact." Monster is a business with a reputation for bad economics (as employers spend less money on Monster and more money on job aggregators like Indeed and social media sites like LinkedIn.) That's why it could be acquired for only $429 million, down from a peak market cap of nearly $8 billion.
If you are one of the few organizations still posting jobs with Monster, what does the Randstad acquisition mean for you?