The judicial liquidation of Monster France, a renowned online recruitment platform, raises strong criticism and questions about the responsibilities of shareholders. At the heart of this case, the deputy Philippe Latombe points to a controversial financial montage orchestrated by Randstad and Apollo. These events reveal the limits of legislation in the face of multinational strategies, letting French taxpayers bring the weight of this decision.
The main thing to remember
- Monster France, a recruitment platform, enters into compulsory liquidation, affecting 30 employees in France and 200 in Europe.
- Philippe Latombe accuses Randstad and Apollo of having used a financial strategy to dodge their social obligations, letting the State pay the dismissal allowances.
- The deputy calls on the government to strengthen legislation to force shareholders to respect their commitments.
The fall of Monster France: an unexpected decision
Monster France, a pioneer in the field of online recruitment, faces a sudden closure. Employees, who nevertheless benefited from protective agreements until 2027, find themselves without recourse. This reversal is attributed to a change in shareholding orchestrated by Randstad and Apollo, who suddenly ceased to finance the platform.
Philippe Latombe denounces a financial arrangement
MP Philippe Latombe spoke on social networks to criticize what he considers an opportunistic financial montage. By transferring part of the shares just before the liquidation, Randstad positioned himself as a minority shareholder. This maneuver allows the Dutch company to shirk its social responsibilities, leaving the French State to assume costs.
An economic impact on public finances
The liquidation of Monster France will have significant financial repercussions for French taxpayers. It is the AGS (Association for the management of the wage guarantee regime) which will have to take charge of the wages and allowances of the licensed employees. Philippe Latombe is concerned about the impact of this situation on a budget already under tension.
A call for action for the government
Faced with this situation, Philippe Latombe challenges the Minister responsible for public accounts. He asked for a strong response from the government to prevent other multinationals from using liquidation as escape. Employees, on the other hand, await concrete solutions to secure their professional future.
Monster Worldwide, founded in 1994, was one of the pioneers of online recruitment. Acquired by Randstad in 2016, the company was integrated into a portfolio of human resources. Apollo Global Management, who owns Careerbuilder, joined Randstad in 2024 to merge the two entities, marking a new stage in the evolution of the recruitment market. However, the recent liquidation of Monster France reflects the challenges facing companies in an economic landscape constantly changing.
