Nov 8 Online recruitment firm Monster Worldwide
Inc reported a higher quarterly profit from continuing
operations and said it is pursuing a sale of its ChinaHR
business, among other restructuring activities.
The restructuring is expected to reduce Monster's operating
expense by about $130 million on an annualized basis, the
Net profit from continuing operations rose to $39.0 million,
or 35 cents per share for the third quarter, from $18.5 million,
or 15 cents per share, a year earlier.
Excluding items, Monster earned 9 cents per share.
Revenue fell 10 percent to $221.7 million.