Case | HBS Case Collection | February 2003 (Revised February 2009)

Yahoo!: Becoming a Competitor in the Career Listings Space (A)

by Kathleen L. McGinn and Nicole Nasser

Abstract

In late 2001, Yahoo!'s new executive leadership team faces a decision. With online advertising revenues significantly off, the company has decided to explore new strategic businesses, including online recruiting. The team must decide whether to make a bid for HotJobs.com, already under contract to be acquired by TMP Worldwide, parent of Monster.com. The deal is currently under scrutiny from the Federal Trade Commission. Given the importance of career listings to the company's new strategy, should Yahoo! make a move now for HotJobs or wait for the FTC's decision?

Keywords: Mergers and Acquisitions; Decisions; Recruitment; Management Teams; Negotiation Deal; Employment Industry;

Citation:

McGinn, Kathleen L., and Nicole Nasser. "Yahoo!: Becoming a Competitor in the Career Listings Space (A)." Harvard Business School Case 903-071, February 2003. (Revised February 2009.)