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Thursday 15 October 2020 7:36 am

Recruitment giant Hays posts 29% drop in Q1 net fees

By: Reuters

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Big business recruiter Hays said today it expects first half of the year to be modestly profitable as its temporary hiring remained stable overall, even as it posted a 29% drop in its first-quarter net fees due to the coronavirus crisis.

The UK-based company, among the world’s biggest recruiters with big businesses in both temporary and permanent hiring, also added that the group consultant headcount was down by 5% in the quarter.

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Shares jitter at City recruiter Hays after taking chop to operations 

Hays office building with fluctuating stock graph overlay, representing the impact of selling operations in six countries

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