News

Permanent placements still falling at Hays

12 November 2008 07:55:00

Recruitment firm Hays reiterated that demand for UK temporary placements remains stable apart from in construction & property while demand for permanent placements continues to fall.

In a company statement ahead of its annual general meeting, the UK's largest employment recruitment company underlined its comments from October's interim statement: "Amid wider economic issues, it has taken action to reduce its cost base in affected markets over the last two quarters."

"We are reacting rapidly to changing market conditions," it added.

Recruitment agencies such as Hays have seen demand in the retail and construction sectors deteriorate as growth slows.

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