Shredded: Jobright, Joveo, CareerBuilder, Monster, Wisq, & More

The Shred is a weekly roundup of what’s making headlines in the world of employment. The Shred is brought to you today by Jobcase.

• 0:00Speaker 00

  Dude, it turns out that Winston Smart Recruiter's first AI hiring sidekick is taking all the grunt work out of Recruiter's Day. Things like candidate screening, scheduling, all the admin garbage no one actually wants to touch. Winston can do it all.

• 0:17Speaker 01

  Man, you know I'm a fan of using new tech that takes the boring repetitive crap out of a Recruiter's Day and allows them to have more time to connect with hiring managers and candidates.

• 0:29Speaker 00

  Yep, Winston is doing the heavy lifting while recruiters kick back and do the actual hiring stuff. You know, like talking to people.

• 0:37Speaker 01

  I really dig that Smart Recruiters is evolving out of the legacy ATS model and embracing cleaner processes using AI. With most ATS providers, it's like, hey, 2003 called and it wants its 30-minute application process back.

• 0:53Speaker 00

  No doubt. It sounds like Rebecca and the team are using Winston to push Smart Recruiters into the future while the ATS vendors are basically on an AOL dial-up modem with a dashboard.

• 1:05Speaker 01

  With Smart Recruiters, Winston does the grind and the recruiters get the glory.

• 1:11Speaker 00

  For more information on superhuman hiring with Winston, visit smartrecruiters.com. That's smartrecruiters.com.

• 1:19Speaker 01

  Start using Winston today, or I guess you can stick with...

• 1:25Speaker 02

  Now we return you to our regular scheduled program in progress.

• 1:30Speaker 02

  Hide your kids, lock the doors. You're listening to HR's most dangerous podcast. Chad Soash and Joel Cheeseman.

• 1:38Speaker 03

  Hi kids, it's Cole Cheeseman and I'm bringing you The Shred for the first week of July 2025. The Shred is a weekly roundup of what's making headlines in the world of employment. The Shred is brought to you today by Jobcase, the online community where workers of all kinds, like hourly employees, tradespeople, and healthcare technicians, access jobs, make connections, and support each other in every aspect of their work life. Jobcase has over 100 million workers on their platform, so if you need to hire, you probably need to talk to Jobcase today. Learn more by going to jobcase.com/hire. Again, that's jobcase.com/hire.

• 2:23Speaker 03

  And now to the news in no particular order. Jobrite, a Santa Clara-based AI job platform, raised $3.2 million, led by TransLink Capital. The funding will support growth, AI engine enhancement, and infrastructure scaling. Its Jobrite agent automates job searches and applications, serving over 520,000 users to improve job matching and candidate employer fit.

• 2:51Speaker 04

  Another one.

• 2:53Speaker 03

  Menlo Park, California-based Jovio has launched an AI career site builder designed for recruitment, marketing, and talent acquisition teams. The tool enables fast, no-code creation of branded, candidate-first career sites and landing pages, integrating with ATS/CRM systems and offering advanced customization, analytics, and conversational AI features.

• 3:20Speaker 04

  Another one.

• 3:23Speaker 03

  CareerBuilder Plus Monster filed for bankruptcy citing hiring slowdowns, high debt, and rising AI-driven competition. The 2024 merger failed to stabilize the business. Now seeking court approval for asset sales, the company has secured $20 million in financing and plans to sell key divisions.

• 3:43Speaker 04

  Another one.

• 3:46Speaker 03

  Gartner warns of agent washing, where vendors rebrand existing tools as agentic AI without real capabilities. Most current agentic AI lacks ROI and maturity, with over 40% of projects projected to be canceled by 2027. Gartner sees long-term potential in the technology still.

• 4:08Speaker 04

  Another one.

• 4:10Speaker 03

  U.S. job openings rose by 374,000 in May to 7.8 million, the highest since November 2024. Gains were led by food services and finance. Hires declined, quits increased, and layoffs fell. Openings remain below last year's levels. More data is expected July 3rd.

• 4:34Speaker 04

  Another one.

• 4:36Speaker 03

  Wisq, a Redwood City, California-based agentic HR platform, raised $15 million from Norwest, Shasta, and True Ventures to expand AI development and team growth. Led by CEO Jim Barnett, the platform automates HR tasks, reducing workloads and enhancing employee experience. Total funding now stands at $55 million.

• 5:02Speaker 04

  Another one.

• 5:05Speaker 03

  The private sector lost 33,000 jobs in June, according to ADP. Missing forecast for 100,000 gain. It marks the first decline since March 2023 and raises concerns about the economy's strength. May's job growth was also revised down to 29,000.

• 5:30Speaker 03

  Be sure to tune in to the weekly show for this and more news and commentary from the world of recruiting. Big thanks to Jobcase for supporting the shred. No matter the size of your company, you can quickly find great workers in the Jobcase community. Whether you need one employee around the corner or want to hire hundreds across the country, Jobcase helps you find the right people fast. Hit up jobcase.com/hire to learn more. Again, that's jobcase.com/hire. Cheeseman out.

• 6:03Speaker 05

  Adios, turd nuggets.