Carerbuilder + Monster Files to Chapter 11 bankruptcy

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Carerbuilder + MONSTER + MONSTER was provided to protect from Chapter 11 of bankruptcy on Tuesday.

The Chicago-based company, which was formed through the process of integrating the Career-Building and Monster, said it has agreed to sell the jobs council operations, its most famous works, to Jobget, which has an application of the so-called party workers.

Its website said that Monster, the largest of Monday, “has worked to transform the employment industry” for 30 years. Carerbuilder has been working for more than 20 years, according to its website.

For more than 25 years, we were a proud world leader in help Job seekers Jeff Foreman, CEO of Carerbuilder + Monster said in a statement that companies link and empower employment around the world.

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The “Use of Now” brand sits next to the Jiffy Lube booth at the Jobnywsusa South Florida Job Mega Jobnywsusa South Florida at Aryant Bank Arena on April 30, 2025 in Sunrise, Florida. (Joe Raedle / Getty Images)

“However, like many others in the industry, our business was affected by the difficult and unconfirmed macroeconomic environment. In light of these conditions, we performed a strong sale and we evaluated all the options carefully available. We decided that the start of the sale that is supervised by this court is the best way to increase the value of our business and maintain jobs.”

Carerbuilder + Monster, which is currently owned by Apollo Global Management and the Dutch Employment Company, agreed to sell its software services work for its federal government and state governments to the Canadian software company Valsoft, Mitches.com and Fastweb.com to the Canadian media company Valnet.

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Job Exhibition at Sunrise, Florida in April 2025

People visit the Cox booth for the media at the Mega Jobnywsusa South Florida, which was held in Arant Bank Arena on April 30, 2025 in Sunrise, Florida. (Joe Raedle / Getty Images)

Buyers agreed to work as “horse chase” providers, as sales are subject to better offers. The terms have not been revealed.

Bankruptcy It was presented in Dilayer Province. Fox Business, the company’s assets estimated between 50 to 100 million dollars, with estimated obligations ranging from 100 and 500 million dollars.

Triton recovery function booth

Mitch Graham, the center, inquires about jobs in Triton Recovery during the Jobnywsusa South Florida Job Mega Jobnywsusa South Florida at Arynt Bank Arena on April 30, 2025 in Sunrise, Florida. (Joe Raedle / Getty Images)

The company classifies $ 20 million of financing to continue working on bankruptcy.

The company struggled with competition from other job platforms, including the two compounds Social media Web sites like LinkedIn, according to the published reports.

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Reuters contributed to this report.



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