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TheLadders.com Relocates New York City Headquarters to Larger Facility to Accommodate Growth
<BackNEW YORK (April 25, 2005) - TheLadders.com, the world's leading job search Web site catering exclusively to the $100,000+ employment market, today announced the move of its headquarters to 137 Varick Street, located in the section of New York City known as SoHo. Necessitated by TheLadders.com's continuous growth, the new facility houses the Company's management, marketing, and operations functions.
Located south of Houston and north of Canal Streets, SoHo is home to a number of Internet companies, as well as graphic design firms, film production companies, and upscale restaurants and hotels. With proximity to mass transit, as well as three major airports, TheLadders.com's new headquarters also positions the Company nearby Manhattan's bustling financial district.
Company CEO and President Marc Cenedella commented, "In a very short time, we've grown to more than 335,000 members and average 20,000 new jobs each month. In addition to our members, we're consistently receiving positive feedback from HR professionals who appreciate our targeted approach to presenting qualified candidates to them. Exceeding the expectations of our customers is our number one objective. The growth of TheLadders.com, in both physical space and by continued hiring of industry experts, is integral to how well we execute on this mission."
TheLadders.com's unique subscription-based business model is consumer-centric, enabling the Company to provide more targeted, high-quality, pre-screened job openings. Unlike other online job services, TheLadders.com does not charge employers to post jobs on the service, nor does it "spam" HR professionals with unqualified candidates. The result, proven by numerous successful placements, delivers a more productive, favorable experience for recruiter and applicant, alike.
TheLadders.com's new headquarters is located at the corners of Spring and Varick Street. The new telephone number is 646-453-1800 and the fax number is 212-691-2420.
About TheLadders.comHeadquartered in New York, TheLadders.com, Inc. is a privately held company offering online job search services to recruiters and job seekers in the $100k+ employment market. Ex-HotJobs.com executive Marc Cenedella founded TheLadders.com in 2003 to address the unique job seeking and recruiting requirements in this market sector. Investors include leading venture capital firm Matrix Partners and prominent private investors such as Kevin Ryan, CEO, DoubleClick, Tom Matlack, Megunticook Management, and Robert Chefitz, NJTC Venture Fund.
In addition to its primary member-based site, the Company operates vertical job search Web sites for sales, marketing, finance, human resources, law, technology, and operations. All sites feature daily job updates as well as industry-specific weekly e-newsletters. For corporate and executive recruiters, TheLadders.com delivers the same highly personalized experience. TheLadders for Recruiters (www.recruitladder.com) enables them to easily post $100k+ job openings at no charge. The Company further differentiates itself from other online job boards that fall prey to fraudulent job postings by implementing human mediated search, ensuring all job postings are fully qualified before being published to members.
More information about TheLadders.com can be accessed at www.theladders.com.
Note to editors: Trademarks and registered trademarks remain the property of their respective owners.
Media Contacts
Maria Schiller
TheLadders.com
646-453-1913
maria.schiller@theladders.com