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This Week's ERN


Author:

interbiznet presents the Bugler
June 25, 2001


Navel Gazing
Today Sumser looks at a few of todays leading companys. Read more in the Electronic Recruiting News.

The JobOptions/BTM Job-Listing Index
For the week ending June 18, the index declined by a hefty 29.2 percent from the prior week. On a 4-week moving average basis, it remained positive - up 2.1 percent after a modest dip of 0.4 percent in the prior week. (Go to Latest Weekly Release.)

Check Out the Competition
Military.LucasCareers.com is a new recruitment portal dedicated to transitioning military veterans. From Lucas Group.

ReferenceDepot.com allows job seekers to create professional references, which can then be viewed by prospective employees.

New Combinations
TMP Worldwide acquires Hayden & Associates, Inc., a Bloomington, Minnesota, recruiting firm. Terms of the sale were undisclosed. The company also reports it completed the acquisition of CollegeLink.com. In a related story, The U.S. Department of Labor will team with Monster.com to cross-promote jobs in the public and private sectors and to share aggregate data on employment trends.

CIBER Inc., an information technology consulting firm, agreed to acquire Aris Corp, which specializes in online business consulting, in a deal worth $31.4 million to expand its customer base and operations.

Reveille
Heidrick & Struggles will reduce its workforce by 13 percent (300 people).

Online recruiter Jobstreet.com has raised $2 million in a second round of venture funding, led by the venture arm of Japan's Sumitomo Corp. Walden International Group and Malaysia's Intelligent Capital also contributed.

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