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PageGroup issues profit warning and axes jobs

PageGroup (PAGE:LSE) yesterday reported group gross profit decreased by 8.9% on a constant currency basis to £237.3 million during the fourth quarter of 2023. The group cited a lower exit to the quarter with continued weakness in client and candidate confidence. ....

United Kingdom , Hong Kong , United States , Asia Pacific , Nicholas Kirk , Michael Page , Daily Newsview All , Middle East , Latin America , Mainland China , East Asia , Customer Connect , Page Insights ,

Jobs: Recruiter Pagegroup cuts profit guidance, slashes headcount, and bemoans delayed hiring decisions

Page blamed “tougher jobs market conditions” as “low levels of client and candidate confidence continued to delay time to hire”. ....

United Kingdom , Nicholas Kirk , Morgan Mckinley , Robert Walters , Jack Mendel , Recruiter Pagegroup , Customer Connect , Page Insights ,