May 29 2018
Jobs website Indeed acquired Resume.com, an online account for creating alone résumés.
The transaction bankrupt May 25; agreement were not disclosed. Indeed will advance the accession as a abstracted article beneath Resume.com.
Founded in 2014, Resume.com provides accoutrement to advice job seekers body and adapt résumés . Prior to the acquisition, Resume.com answerable users a account fee for downloading and press résumés; Indeed discontinued those fees as of Friday and the casework are now free.
More than 3.5 actor job seekers currently use the Resume.com site, creating added than 40,000 résumés weekly. Indeed will abide to accomplish Resume.com; its advisers will accompany Indeed and the article will continue to accomplish out of Vancouver, Canada.
Indeed, founded in 2004 and acquired by Recruit Holdings Co. Ltd. in 2012, pioneered the job accession archetypal and consecutive “pay-per-click” pricing, according to Staffing Industry Analysts’ Job Lath Market Report: 2017 Update report. “Job aggregators originally helped drive cartage to acceptable job boards (as it broadcast their postings to a added admirers and fabricated them easier to find),” it states. “However, Indeed eventually began acceptance end audience to column jobs anon to their armpit (as against to alone accumulation job postings from added sites).”
“Resume.com provides job seekers with a basic résumé account and career accoutrement to aid in their job search,” said Raj Mukherjee, chief VP of artefact at Indeed. “We’re aflame to add this armpit to Indeed’s offerings as it aligns altogether with our mission of allowance bodies get jobs.”
Recruit recently agreed to access Glassdoor for $1.2 billion in cash, bringing added change to the job lath landscape.
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