Careerubuilder files + monster for chapter 11 bankruptcy

Careerubuilder files + monster for chapter 11 bankruptcy

Online Company Carserbuilder + Monster filed for bankruptcy protection 11 on Tuesday Tuesday.

Chicago-based company, formed in September Merger of Careeruilding and Monster, it agrees that it’s work operations on board, with an app for so-called gig workers.

The monster, the parent two, “work to change the recruitment industry” for 30 years, its website says. Careerbuilder is in business for more than 20 years, according to its website.

“For more than 25 years, we are a proud global leader job searchers And companies connecting and empower work around the world, “Jeff Furman, CEO of Carebuilder + Monster, said in a statement.

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A “hiring current Sit in the letter of Jiffy Lube Booth during Mega Balnewssa South Florida South Farge on April 30, 2025 of the sun rising, Florida. (Joe Raedle / Getty Images)

“However, like everyone else in the industry, our business is affected by a challenging maacroeconomic environment. We refer to these options available to fix our businesses and reserving jobs.”

The Careerbuilder + Monster, currently owned by private equity fiquity Apollo Global Management and Dutch and State and State.com and FastWebo.com website in Canadian Media Company Valnet.

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Job Fair at sunrise, Florida on April 2025

People visited the cox media booth at Meganewssa South Florida South Florida Job Fair on April 30, 2025 at sunrise, Florida. (Joe Raedle / Getty Images)

Buyers agree to act as “rolling horses” bidders, with sales of better offers. Terms are not exposed.

The bankruptcy filed in Delaware district. Filing, obtained by Fox’s business, estimated the company’s assets as between $ 50-100 million, with estimated debts at $ 100-500 million.

Triton Recovery Job Booth

Mitch Graham, Center, asked about Triton repair jobs in Meganewsusa South Florida South 30, 2025 at sunrise, Florida. (Joe Raedle / Getty Images)

Company lined up at $ 20 million finance to continue operating bankruptcy.

The company struggles competition from other job platforms, including aggregators and Social Media Websites such as LinkedIn, according to published reports.

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Reuters contributed to this report.

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