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Popular Craigslist web site now charges $25 fee for help wanted listings: San Francisco-based firm generates $10m annually with its job postings.

Publication: San Diego Business Journal
Publication Date: 30-OCT-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Popular Craigslist web site now charges $25 fee for help wanted listings: San Francisco-based firm generates $10m annually with its job postings.(Craigslist Inc.)(Company overview)

Article Excerpt
While Craigslist claims its new policy of charging local employers to post job openings will discourage abuse of its popular Internet-based social networking and classified advertising service, one critic says the fees would certainly generate more revenues.

"It's a bit disingenuous to say he's doing it solely to knock out the scams, because the community already does a good job of notifying you when something isn't right, and it's not hard to get them off there once you know," said Howard Rosen, operations director for the San Diego Reader, which distributes 175,000 copies weekly throughout the county. "But he's certainly entitled to charge because it is an opportunity for him to make money."

Craigslist Inc., the San Francisco e-company that offers online ads in various U.S. and foreign cities, began charging employers $25 per help wanted listing last week. San...

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