Lots hap­pen­ing in the job board mar­ket this week – Acqui­si­tions and prod­uct launch­es round out our focus this week.

JobGet Acquires Sna­ga­job

JobGet has acquired Sna­ga­job, con­sol­i­dat­ing two of the largest plat­forms focused on hourly job seek­ers in the Unit­ed States. Accord­ing to the press release, JobGet, a lead­ing plat­form for hourly work­ers, has expand­ed its reach to over 100 mil­lion hourly work­ers across the U.S. Sna­ga­job will con­tin­ue oper­at­ing inde­pen­dent­ly with­in JobGet, allow­ing employ­ers to use its plat­form while ben­e­fit­ing from JobGet’s advanced resources and tech­nol­o­gy. JobGet aims to sim­pli­fy the job search and hir­ing process through fea­tures like Job­Ge­nie, an AI-pow­ered job match­ing tool, instant inter­view sched­ul­ing, and seam­less inte­gra­tion with appli­cant track­ing sys­tems. These inno­va­tions align with JobGet’s mis­sion to pro­vide acces­si­ble employ­ment oppor­tu­ni­ties and stream­line hir­ing for mod­ern employ­ers.

Will this fur­ther mar­ket con­sol­i­da­tion con­tin­ue the trend of down­ward CPC pres­sure, or will we see loos­en­ing bud­gets raise all ships in 2025? Job board own­ers should stay laser-focused on how con­sol­i­da­tions are cre­at­ing both risk and oppor­tu­ni­ty for their respec­tive nich­es.

Read the full release here

Adzu­na Acquires Seiza

This week, Adzu­na acquired the French social recruit­ing plat­form Seiza.

Accord­ing to the press release, found­ed in 2010, Seiza has rev­o­lu­tion­ized recruit­ment by lever­ag­ing social media plat­forms like Face­book, Insta­gram, Snapchat, and Tik­Tok to engage and con­vert over four bil­lion pas­sive can­di­dates, many of whom are unreach­able through tra­di­tion­al job boards. The com­pa­ny address­es high turnover rates in the front­line sec­tor, where 50% of hourly work­ers leave with­in the first 120 days, by stream­lin­ing high-vol­ume hir­ing with auto­mat­ed recruit­ment tasks and seam­less appli­cant track­ing sys­tem (ATS) inte­gra­tion. This results in a 65% reduc­tion in time-to-fill and a 50% decrease in can­di­date pro­cess­ing. Seiza serves over 400 clients, includ­ing major brands like McDon­ald’s and Sysco.

Seiza­’s acqui­si­tion by Adzu­na aligns with its mis­sion to enhance recruit­ment through tech­nol­o­gy, expand­ing its pres­ence in North Amer­i­ca and Europe. The merg­er will cre­ate the first job match­ing plat­form offer­ing a com­pre­hen­sive recruit­ment adver­tis­ing solu­tion, pro­vid­ing employ­ers access to a tal­ent pool of over four bil­lion peo­ple, includ­ing both active and pas­sive can­di­dates. Doug Mon­ro, CEO of Adzu­na, empha­sized the impor­tance of social media in recruit­ment, with 80% of job seek­ers using plat­forms like Face­book and Tik­Tok. Camille Cos­ne­froy, CEO of Seiza, high­light­ed the urgent need for front­line work­ers and believes the merg­er will scale Seiza­’s vision glob­al­ly, address­ing the grow­ing tal­ent gap pro­ject­ed to cost $8.5 tril­lion in lost rev­enue by 2030.

Read the full release here

LinkUp Acquired by Glob­al­Da­ta

Glob­al­Da­ta PLC has acquired Min­neapo­lis-based Job­Dig Inc, trad­ing as LinkUp, to enhance its strate­gic intel­li­gence offer­ings and strength­en its pres­ence in the finan­cial mar­kets. The acqui­si­tion is part of the com­pa­ny’s three-year growth plan, tar­get­ing £500 mil­lion in annu­al rev­enue by 2026. LinkUp’s pro­pri­etary tech­nol­o­gy, which index­es mil­lions of job list­ings in real-time, adds sig­nif­i­cant val­ue to Glob­al­Data’s plat­form and ben­e­fits its clients. For 2024, bro­ker Peel Hunt fore­casts a 4.7% increase in rev­enue to £286 mil­lion and a 36% rise in adjust­ed pre­tax prof­it to £100 mil­lion. Shares rose 1.4% to 204.88 pence fol­low­ing the announce­ment.

Read more at Morn­ingstar

Tal­ent Nexus Launch­es Post­ing Par­rot

UK-based recruit­ment adver­tis­ing agency Tal­ent Nexus launched Post­ing Par­rot, a “no-non­sense” job adver­tis­ing dis­tri­b­u­tion plat­form, this week.

The solu­tion is agnos­tic in that it can sup­port both pro­gram­mat­ic and dura­tion-based dis­tri­b­u­tion. The twist? A cou­ple of fea­tures stood out to the Job Board Doc­tor team. First, job advert opti­miza­tion based on per­for­mance at a site lev­el, across all dis­tri­b­u­tion sites, not just the big box play­ers. Sec­ond, a no long-term com­mit­ment approach: use the ser­vice on a month­ly basis – grow, down­size, or pause – based on needs.

UK job board oper­a­tors may con­sid­er reach­ing out to the Tal­ent Nexus team, who are not part of their dis­tri­b­u­tion net­work, to learn more.

See the LinkedIn announce­ment here

[Want to get Job Board Doc­tor posts via email? Sub­scribe here.]

Related