China Financial Daily

Monster layoffs: U.S. recruitment site Monster in the fourth quarter net revenues down 2% and will lay off 400 people
According to foreign media reports, ChinaHR major shareholders , the largest U.S. recruitment website Monster Thursday released its 2011 fourth quarter earnings . Showed a profit , Monster fourth -quarter revenue of $ 250 million, compared with $ 255 million a year earlier fell 2%; net profit of $ 10.9 million, higher than $ 500,000 a year earlier . Monster also announced that it will lay off 400 people in the world , accounting for 7% of the total number of employees .

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