Job Hunting Firm CareerBuilder + Monster Files Bankruptcy

CareerBuilder + Monster, a firm that brought together early trailblazers in online job recruiting, filed for bankruptcy protection in Delaware as business continues to shrivel.

The company said Tuesday it started a Chapter 11 process to facilitate a sale of the operations, according to a statement. The firm had estimated liabilities between $100 and $500 million, and assets between $50 and $100 million, according to its bankruptcy filing.