Going to third the "need more information on this."
Are they job hopping, in which case wouldn't that also be a revenue stream for 70MR? Did they find that it was such a sellers' market that they didn't need 70MR's services to get good jobs anymore?
I never really understood this "shortage of workers / great resignation" phenomenon to begin with, so perhaps this specific situation would be a good one to use as a concrete example.
I would imagine the recruiting company that provides the placement only gets paid after the employee has been with the company for a certain period of time.
The same way companies offer a bonus to current employees if they recommend some for hire and they maintained their employment for 90 days or so.
From their website, employers pay $135-$145 per 1 month ad. Which is very reasonable, I current pay Indeed over $3k a month for 1 job listing (based on a daily sponsor rate).
But if the applicant pool is bad with the majority quitting then I could see employers leaving the platform.
Are they job hopping, in which case wouldn't that also be a revenue stream for 70MR? Did they find that it was such a sellers' market that they didn't need 70MR's services to get good jobs anymore?
I never really understood this "shortage of workers / great resignation" phenomenon to begin with, so perhaps this specific situation would be a good one to use as a concrete example.