EXHIBIT 99.1


            DIMITRI BOYLAN NAMED HOTJOBS.COM ACTING CEO AND PRESIDENT

NEW YORK, NY--March 1, 2001--HotJobs.com, Ltd. (NASDAQ: HOTJ), a leading
Internet recruiting solutions company, today announced that Dimitri Boylan,
currently the Chief Operating Officer and a Director, has been appointed acting
Chief Executive Officer and President. Richard S. Johnson, who founded
HotJobs.com in 1997, has resigned as Chief Executive Officer and President. Mr.
Johnson will continue in his position as Chairman of the Board of Directors and
will focus on new markets and strategic development for HotJobs.com. Mr. Boylan
will serve as acting Chief Executive Officer while the Company undertakes a
search for a permanent Chief Executive.

Richard Johnson commented, "As the single largest shareholder of HotJobs, I
believe this is the right time to make this transition. At HotJobs, we have a
first class management team led by Dimitri Boylan. Dimitri has been operating
the business on a day-to-day basis and is well respected within HotJobs and the
recruiting industry and has been a key contributor to the success HotJobs has
earned in the marketplace. I expect Dimitri will continue to be a success in his
new role and the Board has complete confidence in his ability to lead the
Company.

"On a personal level, having guided the Company to annual revenues of almost
$100 million in our most recent fiscal year, I wanted to focus my efforts on the
development of the HotJobs vision for the future by spending my time on product
development and building customer relationships."

Dimitri Boylan stated, "I believe HotJobs is well-positioned for strong growth
based upon our business model, powerful brand, growing customer base, and our
financial strength. Richard and I have worked closely together for over 10 years
and believe that in our new roles we will lead HotJobs to the next level."

Mr. Boylan, 40, has served as Chief Operating Officer since March 1998 and
previously was Vice President of Sales & Marketing.

CONFERENCE CALL MARCH 2, 2001

A conference call will be held at 8:30 am EST on Friday, March 2, 2001. The call
will be Webcast live at http://www.vcall.com.

ABOUT HOTJOBS.COM LTD.

HotJobs.com Ltd. is a leading Internet recruiting solutions company that
develops and provides companies with innovative recruiting solutions and
services. HotJobs.com (http://www.hotjobs.com), the company's popular
consumer job board, provides a direct exchange of information between
opportunity seekers and employers and includes features such as HOTBLOCK,
which enables job seekers to block specific companies from searching their
resumes. Over 9,100 companies subscribe to the HotJobs.com online employment
exchange. HotJobs also provides employers with progressive recruiting
solutions such as its Resumix(-Registered Trademark-) and
Softshoe(-Registered Trademark-) hiring management software, Strategic
Consulting Services, Career Expos, and AgencyExchange, a newly-launched
marketplace which provides a direct, business-to-business exchange between
corporate hiring managers and staffing agencies.

"Safe Harbor" Statement Under The Private Securities Litigation Reform Act:
Statements in HotJobs.com's release that are not strictly historical are
"forward-looking" statements which are subject to the many risks and
uncertainties that exist in the Company's operations and business environment
that may cause actual results, performance or achievements of the Company to be
materially different from those expected or anticipated in the forward-looking
statements. These risks and uncertainties include, but are not limited to, the
Company's limited operating history, risks associated with the integration of
Resumix, business and economic conditions, risks associated with the failure to
successfully introduce new or enhanced products or services, history of losses
and anticipation of continued losses, potential volatility of quarterly
operating results, the ability to successfully implement the Company's expansion
plans, risks related to the Internet,


risks related to legal uncertainty and other risks which are set forth in more
detail in the Company's most recent report on Form 10-Q filed with the
Securities and Exchange Commission on November 14, 2000, as well as other
reports and documents filed from time to time with the Securities and Exchange
Commission. The forward-looking statements included in this press release
reflect the beliefs of the Company's management on the date of this release, and
the Company undertakes no obligation to update the forward-looking statements in
this release to reflect events or circumstances occurring after the date of this
release.

INVESTORS:

      Eric Lipkind                        Michele Katz
      HotJobs.com, Ltd.                   Morgen-Walke Associates
      212-699-5327                        212-850-5629
      eric@hotjobs.com                    mkatz@morgenwalke.com

MEDIA:

      Fianna Sogomonyan                   Evan Goetz
      HotJobs.com, Ltd.                   Morgen-Walke Associates
      212-699-5316                        212-850-5639
      fianna@hotjobs.com                  egoetz@morgenwalke.com

      Peter Himler
      Burson-Marsteller
      212-614-4082
      peter_himler@nyc.bm.com