Monster slashing jobs

Monster slashing 800 jobs Online job site's restructuring plan, which includes centralizing of finance, human resources, to cut expenses $150 million to $170 million a year.

http://money.cnn.com/2007/07/30/news/companies/bc.monster.results.reut/index.htm?postversion=2007073008

"NEW YORK (Reuters) -- Monster Worldwide Inc., parent of jobs Web site Monster.com, reported lower-than-expected quarterly earnings Monday and announced a restructuring plan that includes cutting 800 jobs, or 15 percent of its full-time staff."

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