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Old 04-24-2008, 04:43 AM   #1 (permalink)
poto
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Default Monster.com hurting shuts down Ringo and LoveHappens

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
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Old 04-24-2008, 04:45 AM   #2 (permalink)
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with the economy in the toilet, I guess the impact is being felt at places like Monster...

less jobs... less companies hiring... less companies to spend money advertising jobs and headhunting... it makes sense to me...
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Old 04-24-2008, 11:24 PM   #3 (permalink)
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Just to clarify, what is happening to Tickle doesn't have anything to do with the greater economy. As one of the employees being laid off, I can tell you that Monster Worldwide is an awful company to have as a parent. They pretty much destroyed Tickle through a combination of mismanagement and neglect. Say what you will about Tickle's properties, it was a wonderful company to work for, up until the last year or so when Monster squeezed the life out of us.
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Old 04-25-2008, 12:44 AM   #4 (permalink)
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Quote:
Originally Posted by faust View Post
Just to clarify, what is happening to Tickle doesn't have anything to do with the greater economy. As one of the employees being laid off, I can tell you that Monster Worldwide is an awful company to have as a parent. They pretty much destroyed Tickle through a combination of mismanagement and neglect. Say what you will about Tickle's properties, it was a wonderful company to work for, up until the last year or so when Monster squeezed the life out of us.
sorry to hear about you losing your job...

tbh, I wasn't expecting somebody from Tickle to post here... thanks for sharing your insight into the matter...
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