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Monster purchase could mean massive opportunities

With news today that Dutch based global HR experts Randstad are to acquire US rival (ish) Monster we are excited to see how this merger impacts the global HR arena in the next few years. The general consensus at ThinkinCircles is that this could be a positive step for these two giants. The key to the partnership is technology. Tech has always been at the heart of Monster and by combining their experience and innovative approach to recruitment alongside Randstad’s significant reach into the marketplace can only mean exciting times ahead. Not just bigger but smarter seems to be the thinking behind the acquisition. Bigger is obvious given the size of these two companies, but smarter and more technologically advance is the vital ingredient. Jacques van den Broek, CEO of Randstad expanded on this further, “With its industry leading technology platform and easy to use digital, social and mobile solutions, Monster is a natural complement to Randstad. The transaction is aligned with our Tech and Touch growth strategy and reflects our commitment to bringing labour supply and demand closer together to better connect the right people to the right jobs. We look forward to welcoming the Monster team and working together to shape the evolving global job industry.” Both companies share this vision towards transformation. Tim Yates, CEO of Monster said “Joining Randstad provides a unique opportunity to accelerate our ability to connect more people to more jobs“. Monster will retain its’ own identity – for now anyway. Global mergers on this scale can often damage the heart of the companies purchased as they become more and more absorbed...