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This excerpt taken from the YHOO 10-K filed Mar 3, 2006. Yahoo!
HotJobs is a leader in the online recruiting industry,
providing comprehensive solutions for employers, staffing firms and job seekers. Yahoo! HotJobs’ tools and advice put job
seekers in control of their career search and we believe make it easier and
more cost-effective for recruiters and employers to find qualified candidates
compared to traditional methods. Yahoo!
HotJobs enables job seekers to create an online resume and to search and apply
for jobs, and provides access to newsletters, online forums and salary
research, free of charge. In 2005, we
launched a new job search engine that enables job seekers to find jobs from
across the Internet at Yahoo! HotJobs including listings from other employer
and job-related websites in addition to job listings on our website. We generate revenue from employers and
staffing firms that pay to access our database of job seekers and use our tools
to post, track and manage job openings.
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