Their careers business has the opportunity to be a revenue generator for the company. The starting cost for a job listing is $495 per 30 days and goes up to $1499 per 30 days. In my opinion, the profiles on Stack Overflow careers allow developers to present themselves much better than many other career sites.
We changed prices in December. Market conditions right now are tough; we’re seeing more frequently that it’s unrealistic to expect to hire a developer in 30 days given that for every developer there are 4-5 jobs. We’re optimizing our products and pricing to encourage customers to allow listings to run a longer on the site. To make this feel like the right decision for our customers, we’re significantly discounting our 60 and 90 day listings. That said, if you’ve been using Stack Overflow Careers for a while and want to keep buying 30-day job listings for $350, that’s fine too. (I'm on the marketing team, btw)
I'm sure $40 million would help to push out their Q&A side of things, but looks like they want to spend it on the careers side of things?
I hope they get back those 100,000+ job postings :P.