Hays cautions over further job cuts as profits slump
by Holly Williams
Feb 22, 2024
3 minutes
Recruitment firm Hays has warned over further job cuts after revealing that half-year profits slumped by more than 70% amid a difficult hiring market worldwide.
The group slashed its total workforce by 9% last year to save costs as jobs markets globally slowed sharply, cutting its fee-earning consultants by 12%, and by 7% in the final six months alone, to 7,971.
It cautioned it expects to reduce its total
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