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.
Robert Walters blames Budget uncertainty for slump in UK fees October 15, 2024 Recruiter Robert Walters has posted a slump in net fee income as economic and political uncertainty dragged on hiring in the UK and Europe.
Hays results ‘lay bare’ UK recruitment crisis August 22, 2024 Recent results from the UK’s leading recruitment firms have been, quite frankly, dismal: profit has collapsed across the board as firms struggle to stay afloat amid a sharp downturn in the market. The sector boomed in 2020 after the tech sector led to a surge in hiring, and increases in wage offers helped attract new [...]
Robert Walters insists 2024 ‘not a lost year’ despite tumbling profit August 1, 2024 Recruiter Robert Walters has insisted that 2024 is not a lost year despite posting another set of results dominated by tumbling profit and and fees.
SThree bucks recruitment sector struggles and hikes dividend July 23, 2024 City recruiter Sthree's focus on industries where talent is in high demand helped it to outperform many of its peers in a half year earnings update in which it posted rising profit and earnings per share despite falling fees and revenue.
With wage growth set to fall, the Bank of England should cut rates in August July 16, 2024 Wage growth remains stubbornly high despite the rise in unemployment and fall in hiring. However, this is not a signal for the Bank to hold off on cutting interest rates, Chris Dorrell argues
Slowing jobs market hits profit at Robert Walters July 15, 2024 The firm said June was the worst year of the month so far for fee income. Fees for the month dropped 18 per cent. Robert Walters said new job flow in the month was "weaker than expected."
Another recruiter feeling the heat: Robert Walters slashes jobs as fees slump April 16, 2024 The net fee income of Robert Walters dropped 21 per cent in the first quarter of the year, as yet another recruiter has been burned by a slowing job market. The firm revealed today that it had cut its headcount by 13 per cent since last year to 3,812 in a quarterly trading update for [...]
Robert Walters: Recruiter slashed headcount as profit plummeted – with London hit hard March 7, 2024 Robert Walters said headcount had dropped to 3,980 from 4,356 the previous year, which it said was "reflecting a balanced approach to maintain core consultant capacity in most resilient markets".
Fears grow of deteriorating jobs market after recruitment firms update on 2023 January 16, 2024 On Monday morning Pagegroup became the third recruitment firm this year to reveal the impact that a slowing jobs market has had on its performance.