Thursday 15 October 2020 7:36 am

Recruitment giant Hays posts 29% drop in Q1 net fees

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.