Wow! What goes around comes around!
I was the head of BizDev and Corp. Development at HotJobs in 2000 - 2002.
Yahoo had a free job listings product that aggregated jobs from all over the web. Elizabeth Blair was running it.
Those of us from HotJobs tried to point out, over and over again, that what recruiters are looking for is not MORE and UNFILTERED response, it's the *right* response. And free listings just dont get you there. (The exception being jobs that are in the bottom half of pay, status, and advancement; the low quality of those jobs will naturally tend to discourage over-eager applicants).
Yahoo! was selling us on the idea of being the featured listing provider and have our listings appear, for a hefty annual fee, at the top of the rankings. We demurred, but Headhunter didnt and it drove them into a rush sale job (to CareerBuilder!) here's the wayback URL: http://web.archive.org/web/20010604072348/http://careers.yahoo.com/
The new configuration is the old configuration.
It didn't work for Yahoo! then (psssst, that's why you guys bought us for $436 mm, remember?). And it's not going to work now.
I feel bad for the HotJobs salesforce because it won't take long for recruiters to wonder "why the heck am I paying for listings when I can them for free?"
This is a tremendous step back for the organization, I wish they'd sought the input of us old HotJobs partisans! We hate seeing our beloved HOTJ in a weak, and declining, #3 position!
