‘It’s caused uproar’: Inside the fallout from WPP’s four-day office week mandate January 20, 2025 Earlier this month, WPP’s Mark Read sent an all-staff memo ordering employees back into the office for four days a week. With staff fearing an exodus of talent and a petition calling on the policy to be revoked, reaching nearly 20,000 signatures, Ali Lyon tells the inside story of a firm known for its brand [...]
Hays: Recruiter warns on profit amid slowdown in permanent hires January 15, 2025 Recruiter Hays reported another fall in quarterly fees on Wednesday amid an ongoing slowdown in the headhunting market. Group net fees, which are considered an indicator of performance in the industry, dropped 12 per cent in the three months ending 31 December. The downturn was driven by a significant drop-off in permanent hires, down 19 [...]
Profit at Robert Walters wiped out as jobs market misery spreads January 14, 2025 The firm faced pressures across all its main markets, with income falling in Asia-Pacific, Europe and the UK.
Fewer firms expanded headcount following the Budget, BCC says January 14, 2025 Fewer firms increased their headcount in the final quarter of last year, a new survey showed, as businesses prepare for the impact of the national insurance hike.
Recuiter Pagegroup cuts more staff amid jobs market slowdown January 13, 2025 Gross profit in the final quarter of 2024 dropped to £196.7m, down from £237.5m in the same period the year before.
SThree shares drop to four-year low as recruiter issues profit warning December 12, 2024 Shares in SThree cratered on Thursday after the recruiter issued a profit warning for its current financial year, citing challening conditions in the science jobs market. The firm’s share price tumbled as much as 39 per cent in early trading before paring some losses, making it the worst performer on the FTSE 250. The stock [...]
The ‘Great Dissatisfaction’ could cost employers. Here’s how to tackle it December 2, 2024 With nearly half of workers saying they feel stagnant in their careers, we've entered the Great Dissatisfaction. Here's three ways to help, writes Chetan Patel.
AI in recruitment: Levelling the playing field or entrenching bias? November 25, 2024 AI in recruitment aims to reduce hiring biases and streamline candidate selection. But do these tools truly make hiring fairer, or are they reinforcing hidden biases? Asks Paul Armstrong The AI hiring wave has arrived, promising to tidy up recruitment’s inefficiencies with sleek algorithms and predictive analytics. Job descriptions are optimised for clicks, CVs sifted [...]
Hays: Recruitment giant’s shareholders stage major revolt against PwC November 20, 2024 Shareholders in recruitment giant Hays have staged a major protest over the reappointment of PwC as its auditor. Just over 20 per cent voted against the reappointment of the accountancy giant to the role it has served since 2016 at Hays’ annual general meeting. At the same meeting, 19.8 per cent of shareholders voted against [...]
Empresaria shares plummet as staffing firm warns of challenging quarter ahead October 22, 2024 In the third quarter, Empresaria reported that net fee income was down four per cent year-on-year.