Myspace has entered into the job search arena. They have partnered with Simply Hired in this venture. Simply Hired has an interesting approach because they are simply a search engine that accesses other online job search companies and posts those openings. Simply Hired is not focusing on drawing their own job ads and my assumption is this is because career websites is such a saturated market owned mostly by Monster and Career Builder.
Simply Hired’s revenue comes from advertising so their only goal is to get as many people looking at their site as possible, which really decreases the quality of their job offerings. We’ll have to wait to see if Simply Hired’s business model changes; and to see if Myspace can take a piece of the job search market share but I assume with over 100 million registered users they can make a good run at it.