Barkers enters administration and HR consultancy Penna simultaneously announces purchase of the business and assets of the troubled group
Accountancy Age, 03 Jul 2009
Troubled recruitment business Barkers is the latest high-profile company to pull off a pre-packaged administration, the controversial process which some claim disadvantages unsecured creditors.
Earlier this week, Barkers collapsed and HR consultancy Penna simultaneously announced it had purchased the business and assets of the troubled group.
Around 250 of Barkers’ former staff will be employed by Penna in their Creative Communications, Recruitment and Resourcing businesses.
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