Online recruitment firm Monster is refusing to comment on Australian media reports that it is pulling out of the Australia and New Zealand markets.
The Sydney Morning Herald has reported that Monster will shut down its local offices at the end of the week following the collapse of its partnership with Kerry Packer's PBL and Microsoft.
"PBL and Microsoft, partners in the website NineMSN, have been in talks with other major recruitment websites - including seek.com.au and Fairfax's online division F2 - about replacing Monster as its jobs service" says the report, which suggests more than 40 jobs will be lost in both Australia and New Zealand.
However public relations firm August.One, acting on behalf of Monster Australia, released a statement that neither confirmed nor denied the allegations.
"Monster can confirm at this stage that we have initiated discussions with our joint venture partners and that it is not appropriate to comment on the outcome .... Monster will announce the outcome of the discussions once they are finalised," says the statement, attributed to Craig Kennedy, group president Monster Asia Pacific.
August.One would not confirm employee numbers in New Zealand - calls to the Monster 0800 number are answered in Australia - and would not confirm whether or not any change in the partnership in Australia would affect Monster in New Zealand.
The Sydney Morning Herald says Monster is losing $A6 million a year in Australia although Kennedy denies this. He does acknowledge, however, that the current joint partnership would not continue in its current form.