Stack Overflow job ads were the best part of the site. They were affordable enough for small companies to run them, and they were the only place that actually showed compensation info front and center. They didn't have the most job ads, but they had really good ones.
All they had to do was leave it alone. Maybe leave a team to do moderation and keep things running operationally, and done.
Heck, spin it off as a sub company and resell the stack overflow brand and do nothing.
They actively went out of their way to get rid of it. If I didn't know any better I'd say this was backroom dealing where job ad company owners somehow pressured the CEO to stop competing with them because they were just too good.
Screw them for closing that.