Recruitment firm Robert Walters cuts 220 jobs as hiring slows
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Recruitment firm Robert Walters has axed 220 jobs amid a slowdown in global hiring. Robert Walters told shareholders on Thursday it has been impacted by “continued challenging macro-economic conditions across many” of its markets. Robert Walters said its net fee income dropped by 13% to £91.4 million across the group over the final three months of 2023, compared with the same period last year. We remain confident in the long-term structural drivers that underpin demand for our services Toby Fowlston, chief executive Chief executive Toby Fowlston said: “Despite the challenging macroeconomic conditions, the group has delivered a resilient fourth quarter, and full-year 2023 profit before tax will be in line with market expectations.
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