We’ve received word that Monster has decided to lay off the 30-35 employees that work for subsidiary Tickle, a company that it acquired for about $94M in May 2004.
Tickle includes not only a tests and quizzes site that shares the same name but also Ringo, a photo and video-sharing site, and LoveHappens, an online dating site.
As part of the decision, Ringo and LoveHappens will be completely shut down while Tickle will be absorbed into Affinity Labs, a content verticals company recently acquired by Monster.
The Tickle site will change focus once absorbed by Affinity Labs, although just how is yet to be seen. All layoffs will be complete by the end of June; employees were told of the decision at an internal meeting yesterday.
Ringo and LoveHappens are now in the DeadPool.
source:
No One’s Laughing At Tickle