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Hays has been hit hardest in Germany - its biggest market

Hays warns of tough year ahead after 8% fall in net fees

British recruiter Hays has today reported an 8% fall in first-quarter like-for-like net fees, and warned that challenging conditions from a sluggish job market are likely to persist in the current fiscal year.

Business • 10 Oct

Hays reported broad weakness in permanent hiring, while noting that temporary hiring and contracting remained more resilient

Hays forecasts 57% annual profit slump on hiring slowdown

Sluggish hiring, particularly in Germany's automotive sector, prompted recruiter Hays to warn today that its annual profit would fall more than expected.

Business • 19 Jun

Recruitment firms have been battling sluggish hiring market conditions for the past year amid high interest rates and lower unemployment levels

Hays warns of tough hiring market, forecasts profit drop

Hays has today warned that hiring market conditions could remain challenging in the near term as the UK recruiter forecast first half profits would be lower than the prior six-month period.

Business • 11 Oct 24

Hays in October had flagged a persistent weakness in hiring permanent workers and weak demand in China

Recruiter Hays warns on profit amid hiring slowdown

Recruitment company Hays has today forecast first-half pre-exceptional operating profit of about £60m, below market expectations, hurt by hiring slowdown at the end of the December quarter.

Business • 09 Jan 24

Hays boosted by record net fees but cautious on outlook

Global recruitment company Hays said employers had reduced the number of new temporary hires but extended existing contracts.

Business • 14 Apr 23

Hays is betting on a stronger than expected recovery in the UK jobs market

Recruiter Hays resumes dividends on 'dramatic' recovery

UK recruitment agency Hays said today it will resume dividend payouts that it paused last year because of the pandemic, betting on a stronger than expected recovery in the job market.

Business • 26 Aug 21

Companies across the world halted new hiring during coronavirus-induced lockdowns

Recruiter Hays warns on annual profit as net fees slump

Hays, one of the world's biggest recruiters, said its fourth-quarter net fees dropped 34% and also warned on annual operating profit, as companies across the world halted new hiring during the coronavirus-induced lockdown.

Business • 16 Jul 20

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