Jobbio, the job search platform, has approved a rescue plan for the business two months after it sought refuge in the Scarp programme. Avar Communications, the holding company behind Jobbio, appointed a process advisor in February and entered Scarp. The Small Companies Administrative Rescue Process, or Scarp, is a scheme for struggling smaller companies – with turnover of less than €12 million and fewer than 50 employees – to restructure their business and stave off collapse. Myles Kirby of Kirby Healy Chartered Accountants was appointed process advisor in February to come up with a rescue plan for Jobbio. That effort…
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