Yahoo sells Hot Jobs
Published on December 10, 2009 by Last Click News · No CommentsYahoo will be selling its “Hot Jobs” section to a buyer that offers the best price.
Experts say that the search engine is doing so, because of its currently declining performance. With the Microsoft deal coming closer and closer, this is a quick way to get some money for itself.
Reporters estimate the price of Hot Jobs to be anywhere between $350 million and $500 million.
Carol Bartz, the company CEO, spoke in an investor’s conference recently. She joked about how the company owed much to Tiger Woods for his recent revelations, which increased traffic on the site. She also said that Hot Jobs is no longer a part of Yahoo’s future plans and that’s why the company is planning to sell the feature.
Bartz also attributed the move to the company’s declining search numbers, which decreases its relevance on the search engine optimization (SEO) market.
Source: Brafton News
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