Tag: cash”

Netjobs FY report: Cash is getting tight

NetJobs Group, an operator of several niche recruitment portals in Sweden and Germany, is having liquidity issues. The company’s management reported Friday that the company was struggling to maintain liquidity, a trend that began long before the pandemic. 

Managers redeployed as Search Party burns cash

ASX-listed recruitment site Search Party burned through nearly $10 million AUD ($7.9 million U.S.) in cash in little under 12 months, and now has just $600,000 AUD ($476,411 U.S.) on hand, which it hopes – along with an anticipated $1 million AUD tax rebate – will fund the company for the next 12 months.