Jooble, iHire, Snagajob, and more: news of the job board industry

Another month has come and gone – have you been outside yet? No? You should – it’s good for you! As you might guess, things continue to happen in the job board and recruitment marketing industry with companies like Jooble and Snagajob. Let’s take a look:

• Stepstone buys Cammio: The German job board powerhouse Stepstone bought Cammio, a video-based employer branding tool. The company employs a total of 20 people in The Hague and Düsseldorf. Cammio offers digital interviews and time-delayed video interviews as well as video formats for motivation letters, video pitches and addressing via video messaging. Smart move.
• Google restricts job ad targeting: In a blog post, Google’s Scott Spencer says that the company has been working with the US Department of Housing and Urban Development. The change will mean that “impacted employment, housing and credit advertisers” will not be able to target ads based on “gender, age, parental status, marital status or address.” Ad targeting at Google already expressly prohibits — as per federal law — targeting these ads on the basis of race, religion, ethnicity, sexual origin, national origin or disability. Catching up with Facebook, I guess.
• Snagajob launches OnDemand: Snagajob has released its new platform, On Demand. It enables rapid, push button hiring when and where businesses need new staff and seamlessly creates virtual hiring events to manage interviews in any way candidates are most comfortable. The service includes TalentPools, Performance Hiring, and Virtual Hiring. Good timing.
• Recruit finally releases financials: After a bit of a delay, Recruit announced that revenue rose 1.6% in the company’s fiscal fourth quarter ended March 31. Growth in its HR technology segment, which includes Indeed and Glassdoor, was offset by revenue declines in the group’s media and solutions and staffing segments. Revenue rose 18.1% in Recruit’s HR technology segment, driven primarily by increased sponsored job advertising which was supported by a generally favorable economic environment and tight labor market through February prior to the negative impact of the global spread of Covid-19. Interesting.
• Jooble buys HotWork:  Job aggregator Jooble has purchased part of HotWork, a recruitment aggregator working in several post-Communist countries, for an undisclosed sum. Jooble, the No. 2 job aggregator in the world, bought HotWork’s operations in Belarus, Kazakhstan, Russia and Ukraine. Getting bigger!
• iHire launches outplacement service: iHire unveiled a service to help companies help their laid-off employees find new jobs. iHire’s new services provide virtual one-on-one coaching, resume-writing, access to iHire’s job-matching and a personalized job-search plan. Good idea.
• CareerGig gets going:  CareerGig, a SaaS-based marketplace that utilizes blockchain and other technologies to provide freelancers with competitive jobs and benefits, and employers with state of the art verification services, announced its initial seed funding round closed, and that it will launch an initial set of offerings on June 15, 2020. The June 15 launch will include a set of insurance benefits for freelancers, and a set of assessments and background checks for employers to provide contractors.  Very interesting.
• Steady raises funding: Atlanta-based startup Steady wants to help low-to-moderate-income workers figure out how they can make more money–and it raised $15 million in a Series B round to do so. The company acquired data and analyzed it to determine how people earn money and tie that information back to their skills, experience and geography to help fill in income gaps and better spend their time. The company’s goal is to give people a “fighting chance” to find work by directing them to opportunities where they have the highest likelihood of getting hired. Good luck!
• HeadHunter’s revenue up: HeadHunter, the leading Russia-based recruitment vertical has yet to feel the impacts of the Covid-19 pandemic. In its financial results for the first quarter of 2020, the classified site recorded revenue of RUB 1.99 billion ($26 million U.S.), a 19% year-on-year increase.  Let’s see what Q2 brings.
• LinkedIn adds features: LinkedIn has rolled out two new free tools that can be implemented quickly: Virtual events and a “Create a Poll” feature. The new virtual events combine its previously released LinkedIn Live and LinkedIn Events features. Marketers can now live stream a virtual event to their company’s Page followers or Event attendees. The new “Create a Poll” option can be accessed in the post composer window, allowing LinkedIn members to gather feedback from across the platform. Good timing.
• TradeHounds raises cash: Trade Hounds, which aims to be the LinkedIn of the construction industry, has closed its $3.2 million seed funding round. In conjunction with the investment, Trade Hounds announced plans to launch a jobs platform this summer that connects qualified tradespeople with construction companies and staffing firms. The company launched a mobile app in 2019, and today its platform has more than 150,000 registered users. Interesting.

It’s great to see new services launching and existing sites expanding, despite the pandemic! It will be even better to see the unemployment rate go down. We’ll be there when it does.

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