No One's Laughing At Tickle
We’ve received word that Monster has decided to lay off the 30-35 employees that work for subsidiary Tickle, a company that it acquired for about $94M in May 2004.
Tickle includes not only a tests and quizzes site that shares the same name but also Ringo, a photo and video-sharing site, and LoveHappens, an online dating site.
As part of the decision, Ringo and LoveHappens will be completely shut down while Tickle will be absorbed into Affinity Labs, a content verticals company recently acquired by Monster .
The Tickle site will change focus once absorbed by Affinity Labs, although just how is yet to be seen. All layoffs will be complete by the end of June; employees were told of the decision at an internal meeting yesterday.
Ringo and LoveHappens are now in the DeadPool.