Tag: Merger and Acquisition
The primary objective was to instil confidence among employees of its newly-acquired Japanese company and create a common vision for all stakeholders.
The organisation promoted transparency and created several communication campaigns at different stages to drive the transition process.
Japan-based Recruit Holding, which owns the job portal, Indeed.com, has acquired Glassdoor for $1.2 billion in an all cash deal.
The two companies will provide a holistic offering to enterprises in the HR technology space.
Quikr already has a large base of 8 million active job seekers.
Trooly helps in proactively identifying potentially highest value, lowest risk recruits at a cost of $1 per query.
The company is looking to make two significant acquisitions in the next few months, in an endeavour to strengthen its portfolio and expand presence outside India.
Together the two firms will increase value to the customers they serve with the strength, size and scale to deliver rapid innovations.
The acquisition builds upon Mercer’s consulting strength and capabilities in talent management and reinforces its commitment to employee engagement.
Monster will continue operating as a separate and independent entity under the same brand.
Jeff Weiner has written to his staff that the two corporations are unique yet similar in terms of their mission and values, which was also one of the biggest drivers behind a unanimous agreement on this deal.