Job board Monster Worldwide said last week that is has decided to implement a series of cost-saving measures including cutting Boston jobs.

It plans ona reduction of approximately 400 associates, or 7% of its full-time staff, consolidation of certain office facilities, and continuing discretionary-spending and office and general expense controls.

Monster said it expects these reductions to result in annualized savings of approximately $100 million and provide the flexibility to enhance the Company’s marketing and sales efforts to improve long-term growth prospects and profitability.
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Bank of America said this week it is recruiting for dozens of finance jobs in Boston, among other locations.

The banking giant is also hiring for executive jobs in Rhode Island and other locales.

The company previously said it would hire 1,000 small business bankers across the nation by mid-2012.

Now the bank is hiring more than 50 small business bankers in New England to provide guidance and counsel to local small business owners, it said in a press release.

These bankers bankers will consult with small business owners at their place of business and assess their companies’ deposit, credit and cash management needs.

These new hires will support the unique needs of small business owners in the following regions:

Massachusetts – 32 hires, including 13 in Greater Boston.
Connecticut – 14 hires.
Rhode Island – 5 hires.

“For well over 200 years, New England has been a pioneer of entrepreneurial innovation, and Bank of America is proud to be supporting the region’s entrepreneurial heritage,” said Bob Gallery, Massachusetts president for Bank of America. “Our small business bankers will provide business owners in New England with the tools they need to continue to be the engine that drives our local and national economy forward.”

“Our bankers spend the time needed with each of our clients to fully understand their deposit, credit, payroll and cash management needs, while serving as a conduit to experts across the Bank of America franchise,” said Raj Kochhar, Small Business Banking region executive for the Northeast. “They can help small business owners with complex issues ranging from commercial real estate needs to providing the right retirement solutions for themselves and their employees.”

Meridian Investment made a big announcement that it has hired someone for executive jobs in Boston.

The company secured Matthew Engler as Senior Vice President.

Meridian Investments, Inc. was established in 1981 as an NASD Broker/Dealer licensed to sell direct participation programs and other forms of securities.

Engler worked at Unum Group as a Director of Corporate Development and Corporate Strategy. While at Unum, Matt assisted in starting the company’s program of investing in low-income housing tax credits and was involved in the investment of almost $150 million. Read the rest of this entry »

The White House has announced a bold new initiative that aims to connect teens with Boston jobs.

Summer Jobs+ is a new call to action for businesses, non-profits, and government to work together to provide pathways to employment for low-income and disconnected youth in the summer of 2012.

“America’s young people face record unemployment, and we need to do everything we can to make sure they’ve got the opportunity to earn the skills and a work ethic that come with a job. It’s important for their future, and for America’s. That’s why I proposed a summer jobs program for youth in the American Jobs Act – a plan that Congress failed to pass. America’s youth can’t wait for Congress to act. This is an all-hands-on-deck moment. That’s why today, we’re launching Summer Jobs+, a joint initiative that challenges business leaders and communities to join my Administration in providing hundreds of thousands of summer jobs for America’s youth,” said President Obama.

The President proposed $1.5 billion for high-impact summer jobs and year-round employment for low-income youth ages 16-24 in the American Jobs Act as part of the Pathways Back to Work fund.

“While young people who are currently disconnected from school or work are not contributing to our economy, we see these young people as ‘Opportunity Youth’ – because of the untapped potential they bring to the Nation. Today, the White House challenged all sectors to go all-in and work together in creating pathways to youth employment. Summer jobs are an important step – and to stay on the path to success, Opportunity Youth need social supports and access to relevant education, mentoring and training. This spring, the White House Council for Community Solutions will participate in community discussions nationwide to learn from best efforts by youth, families, government, business, educators, and nonprofits to connect young people to meaningful career opportunities,” said Patty Stonesifer,Chair of the White House Council for Community Solutions (WHCCS).

Winsper has announced it is hiring for marketing jobs in Boston.

The company specializes in building their brand value and sales by providing integrated solutions across all facets of clients’ business that includes brand strategy, customer intelligence, cross-channel execution, and CRM solutions.

The company said it has acquired four new accounts, which has led to consider bringing on additional staff for Boston jobs.

Clients include Museum of Fine Arts, Boston, Global Spec, Autotask, and American DG Energy.

Ashley Chin, Client Advisor, provides client counsel and project management. She currently handles accounts such as Global Spec, the Museum of Fine Arts, and American DG Energy. Ashley joins us from Chicago, where her previous experience includes Abelson-Taylor, Nine Naturals, LLC, and KMP Video Productions.

Gillian Lynch has been promoted to Director, Client Advisor. Gillian, who joined Winsper in 2010, provides client strategy, brand and market research, and account management. She heads up clients such as the Museum of Fine Arts, Boston, Hypertherm, American DG Energy, GlobalSpec, and STIHL. Gillian’s previous experience includes Bernard Hodes Group, Circles, and Shorey Public Relations.

A provider of security risk intelligence solutions said this week it has hired for executive jobs in Boston.

Rapid7 said it brought on Carol Meyers, the newest addition to its team.

According to her bio, Meyers has over 20 years of experience in marketing and sales, including the CMO role at LogMeIn LOGM +0.00% , and Unica Corporation (IPO in 2005; acquired by IBM in 2010), where she played a pivotal role in growing the Company’s revenue to over $100M and establishing the new category of marketing automation software. Carol currently serves on the Board of Directors for Awareness, Inc. and the advisory boards of Virtual Computer, SocialRep and AppAssure.

“Carol brings a tremendous amount of experience to the team,” said Mike Tuchen, CEO of Rapid7. “It’s an exciting time to be part of Rapid7 and hiring her is one of many significant steps in our expansion efforts heading into 2012. Her addition is evidence that we’re bringing in the best-of-the-best to help drive the next stage of Rapid7’s development and innovation.”
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CWCapital LLC, a national debt and equity provider to the multifamily and commercial real estate industries, and a subsidiary of CW Financial Services LLC, has announced the hiring of Todd Trehubenko for executive jobs in Boston.

Trehubenko will focus on creating new multifamily business for CWCapital, originating financing across the company’s lending platforms, restructuring market-rate multifamily assets, and developing new housing investment opportunities.
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A burgeoning market is causing one company to announce its intent to hire for computer jobs in Boston.

Affinnova, Inc., a provider of marketing software and services, will hire up to 70 new staff members in 2012. The announcement was made by Waleed Al-Atraqchi, President and Chief Executive Officer of Affinnova.
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A growing company has announced their most recent expansion and is possibly hiring for advertising jobs in Boston.

Criteo, a provider of performance display advertising, announced that Frank Weishaupt, former Vice President, North American Advertising Marketplaces at Yahoo!, will join the company as SVP of Sales.
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A local company said this week it has secured a key hire for project manager jobs in Boston.

DGT Survey Group, (DGT), of Boston, Mass., a division of Digital Geographic Technologies, Inc., announces the addition of A. Wayne Harrison, PLS to the DGT Survey Group team. Wayne will serve as Senior Project Manager in DGT’s Boston headquarters.

Mr. Harrison had previously been employed at Cullinan Engineering, a well-regarded civil engineering and land surveying firm with offices in of Auburn, Boston and Lakeville, MA, which recently closed its doors. He was a key part of the Cullinan team for 42 years, most recently serving as Branch Manager for its Boston Metropolitan Office, and the companies Chief Surveyor. Prior to that Mr. Harrison oversaw Cullinan’s surveying operations on Boston’s Central Artery/Tunnel project. Earlier he served as Surveying Department Manager for Cullinan’s corporate surveying division. Read the rest of this entry »