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Hays reports loss amid ongoing hiring slump and restructuring costs

Recruitment firm Hays has reported a loss, attributed to restructuring costs and a continued slump in hiring activity.

  • Hays reported a loss due to restructuring costs.
  • Permanent recruitment net fees were down by 12%.
  • Temporary and contracting fees saw a 5% decrease.

Recruitment company Hays has fallen to a loss, which the firm attributes to restructuring costs. This comes amid an ongoing slump in hiring, according to reports.

The company stated that permanent recruitment remains the weaker aspect of its operations, with net fees decreasing by 12%. Temporary and contracting fees also saw a decline, falling by 5%.

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