careerbuilder

Gannett lays off 1,000, spends $135 million on CareerBuilder

Nicholas Carlson · 09/03/08 11:40AM

Gannett, the publisher of USA Today, said earlier this month it plans to cut 1,000 newspaper jobs. Probably not because of all those new potential customers, Gannett today announced its acquired another 10 percent of online jobs site CareerBuilder from Tribune for $135 million, raising its stake to a controlling interest of 50.8 percent. Tribune, which used to be an equal partner with Gannett, now owns 30.8 percent of CareerBuilder. McClatchy, which is also a member of Yahoo's HotJobs newspaper consortium, owns 14.4 percent. Microsoft owns 4 percent.

Ad Man's Expletive Comes True

Hamilton Nolan · 02/06/08 12:42PM

"There are a few times in your life when you have to tell someone to fuck off and mean it." That's what Peter Krivkovich, CEO of the ad agency Cramer-Krasselt, told his client, CareerBuilder.com (and the press), when the client was disappointed in C-K's crop of Super Bowl ads for them last year. And look what happened: this year's CareerBuilder ads (by a different agency) did even worse. To which Krivkovich responded with "a chuckle." Never doubt the brilliance of the "Office Jungle" again! After the jump, this year's kind of revolting ad&mdash not for the weak of heart.[Ad Age/ Jack Flack]