Business · 1 hour ago
Shares in UK recruiter Hays drop 10% following a fourteenth quarterly fee decline
Hays Deutschland via Wikimedia Commons (CC-BY-SA-4.0)
A hiring slowdown across Germany's car industry and Britain's job market drove the 3% drop for the quarter ending in September. To protect its profits, the London-listed firm is cutting costs and looking to sell off businesses in seven different countries. It wasn't all bad news, though, with income actually jumping 8% in the United States and 12% across Canada.
Reported by Reuters · How we write briefs