Three recruitment companies that count both small and large companies among their clients have been placed in voluntary administration amid a corporate restructure by their parent company.
The companies are all subsidiaries of Rubicor Group, one of Australias largest recruitment companies, which is listed on the Australian Securities Exchange.
Rubicor was founded in 2005 and currently operates 15 specialist brands in the human resources and recruitment areas.
Administrators from Jirsch Sutherland were appointed to manage Xpand Group Pty Ltd, Locher & Associates Pty Ltd, Challenge Recruitment Pty Ltd on July 4, with Sule Arnautovic, Glenn Crisp and Chris Baskerville appointed to the compani…
Read the full article at: http://www.smartcompany.com.au/finance/cashflow/71595-recruitment-companies-serving-the-sme-market-enter-voluntary-administration/