Financial Times FT.com

Yahoo ready to sell Hot Jobs

By Joseph Menn in San Francisco

Published: April 16 2009 00:51 | Last updated: April 16 2009 00:51

Three months into her stint at the head of Yahoo, Carol Bartz is hastening her drive to streamline operations by disposing of ancillary businesses.

The Silicon Valley company is seeking buyers for the HotJobs employment site, people familiar with the company’s plans said on Wednesday, adding that other acquisitions could follow HotJobs out of the door. Yahoo struck a deal to buy the site in 2001 for $436m in cash and stock.

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