Fairfax Media Limited
(ASX:FXJ) has joined forces with a UK-based job advertisement aggregator to take on other popular employment websites such as Seek, according to media reports.
The Australian media company will launch the local arm of Adzuna today, which features more than 85,000 job ads amid an employment classified market it reportedly estimates to be worth $320 million this year.
The move marks Adzuna's first joint venture, under which the company will promote itself through Fairfax’s print and online publications.
The Australian Adzuna site will become Fairfax's main online employment offering, with its existing MyCareer brand to be renamed.
Fairfax Media booked a net loss of $971,000 in fiscal 2013.
