Hays warns over fee declines and consultant cuts as new boss named
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 Hays has named a new boss to take the helm as it revealed falling annual profits and warned it will have to cut its consultant workforce further amid a weakening global jobs market. The group said Dirk Hahn, managing director of Hays Germany and Continental Europe, Middle East and Africa, will take over from longstanding chief executive Alistair Cox on September 1. While Hays notched up record fees of £1.3 billion, up 6% like-for-like over the year, it saw growth pull back markedly through the second half as economic uncertainty impacted recruitment.
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Global hiring pullback shows no sign of easing, says recruiter Hays
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Hays warns over actions to trim costs further as profits plunge 91%
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Hays earnings under pressure as elections impact jobs market
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Hays cautions over further job cuts as profits slump
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Worker shortages and wage rises to guide Hays to profit
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