PageGroup's recent trading update indicates a significant decline in gross profits, which dropped 16.7% to 201.4 million as the global jobs market continues to struggle.
"September, a traditionally busier month following the summer holidays, remained under pressure, with gross profits down 16% last month, reflecting ongoing market challenges."
The recruitment firm has cut its fee-earner workforce by 1.8%, illustrating its response to persistent market woes and aims to adapt to weaker trading conditions.
"Conversion of interviews to accepted offers remains the most significant challenge due to reduced levels of client and candidate confidence, showcasing the current job market's instability."
Collection
[
|
...
]