“bloody monday” at monster
July 7, 2009
I thought about titling this post, “Holy Crap, I Got an Official Response from Monster,” but the layoff angle seemed more appropriate. Sources are telling us the company is going through another round of layoffs in light of recent cuts over the past year. It’s been described as “Bloody Monday” via Facebook updates.
“There is a reorganization happening to put the employer and seeker groups together,” said our source, who also alleges to be one of the axed. “A number of people from product and technology are being laid off, including Michael Gray and Keith Landau. I don’t know many other names. I don’t have a count either, but one of my colleagues was given a list of the people being released by title and age, and it was about 8 pages in length, so I’m guessing about 200 people.”
For Monster’s part, basically supporting many of our source’s information, Kathy O’Reilly, senior manager, media relations said, “Over the past several days, we’ve announced internally two important moves that position Monster to meet the changing needs of our customers: the opening of a Technology Center of Excellence & Innovation in Cambridge, MA; and a re-structuring of our Product & Technology organization to support our strategic direction.
“As we have been doing for the past 24 months, we continue to re-structure, re-organize and, importantly, re-invest in our organization in ways that we believe are necessary to meet our ever-growing and changing customer needs. This means that roles and skill areas that are no longer needed to support the business are re-structured so that we can bring in the skills necessary to continue to invest in industry-leading product innovation and in building the infrastructure and organization to successfully grow our business for the future.”
Remember a few years ago when Monster laid off 800 people and what a big deal it was? This year’s looking like it’ll surpass that … Guess I’m just numb to this stuff. It’ll be nice to report on the start-up who’s hiring hundreds of people. What’s Goldberg up to?
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