CareerBuilder.ca

CareerBuilder.ca
Web address CareerBuilder.ca
Commercial Yes
Type of site
 Job Search Engine
Registration Optional
Available in Multi-Lingual
Owner Gannett Co, Inc. (50.8%)
Tribune Company (30.8%)
The McClatchy Company (14.4%)
Microsoft Corp. (4%)
Created by Rob McGovern
Launched 2006
Revenue Increase US$542 million (2009)
Alexa rank
 30,935 (April 2014)[1]
Current status Active

CareerBuilder.ca CareerBuilder.ca is an online employment website in Canada, with more than 4 million unique visitors each year. It is a child company of CareerBuilder.com, the largest online employment website in the United States.[2] CareerBuilder.ca provides online career search services for more than 1,000 partners as of June 2011, including over 150 newspapers and portals such as AOL and MSN. CareerBuilder.ca was launched in 2006.

CareerBuilder.ca is owned by Gannett Company, The McClatchy Company, the Tribune Company, and Microsoft Corp.[3]

Company Information

CareerBuilder.ca was launched in 2006. CareerBuilder.com is headquartered in Chicago, Illinois, has more than 2,500 employees, and is under the leadership of CEO Matt Ferguson. CareerBuilder has presence in the U.S., Canada, Europe, and Asia.

History

Starting in 1994 as NetStart Inc, CareerBuilder sold software to companies to list job openings on their website and the ability to manage emails from those listings. With an investment of two million dollars, the company moved the software, named CareerBuilder to its own we address.[4] In 1998, NetStart Inc. changed their operating name to CareerBuilder. With this change brought an influx of investments—around seven million dollars from firms such as New Enterprise Associates.[5]

In July 2000, the CareerBuilder was purchased in a joint venture by Knight Ridder and Tribune Company[6] for $8 a share.[7] However, CareerBuilder was still trailing behind its major competitors. After a few mergers in 2002, Gannett purchased a one-third interest in the company for $98.3 million, adding CareerBuilder to its 90 newspapers.[8] McClatchy Company purchased Knight Ridder in 2006.[9] Finally, CEO Matt Ferguson won the bid with MSN in 2007 pushing CareerBuilder ahead of its competitors into the slot as the top job board in the United States. This is how CareerBuilder came to be owned by Tribune, McClatchy, Gannett, and Microsoft today.

CareerBuilder Subsidiaries:

See also

References

  1. ↑ "Careerbuilder.ca Site Info". Alexa Internet. Retrieved 2014-04-01.
  2. ↑ Wilkerson, David B. "CareerBuilder to launch $250 million ad campaign", MarketWatch, January 22, 2008. Accessed February 6, 2008.
  3. ↑ de la Merced, Michael J. "Times Company Forms Alliance With Job-Listing Web Site", The New York Times, February 15, 2007. Accessed February 6, 2008. "Three of the largest newspaper chains — the Tribune Company, the Gannett Company and The McClatchy Company — own CareerBuilder, among the largest help-wanted sites."
  4. ↑ Peter Behr, David Segal, “High-Tech Turks Lure Big-Buck Backers; Outside Investment Grows but Trails Other U.S. Centers”, The Washington Post, Nov. 4, 1996, pg. F05,Retrieved December 12, 2008
  5. ↑ Michael Selz, “Financing Small Business: Computerized Employee-Search Firms Attract Investors”, Wall Street Journal, Jan. 13, 1998, pg. 1, Retrieved December 12, 2008
  6. ↑ ” Business Brief -- CAREER BUILDER INC.: Knight Ridder and Tribune Agree to Buy Firm Jointly”, Wall Street Journal, Jul. 18, 2000, pg. 1, Retrieved December 12, 2008
  7. ↑ Amy Joyce, Peter Behr,"CareerBuilder of Reston Sells for $200 Million", The Washington Post, Jul 18, 2000, pg. E01, Retrieved December 12, 2008
  8. ↑ Stuart Elliott, "Gannett Buys Interest In CareerBuilder", New York Times (Late Edition (east Coast)), Oct. 4, 2002, p. 6. Retrieved December 12, 2008
  9. ↑ KATHARINE Q. SEELYE and ANDREW ROSS SORKIN, Jennifer 8. Lee and Carla Baranauckas contributed reporting for this article., "Newspaper Chain Agrees to a Sale for $4.5 Billion." New York Times (Late Edition (east Coast)), p. A.1, Mar. 13, 2006, Retrieved December 12, 2008

External links

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