Slowing finance and tech hiring leaves mark on recruiter’s balance sheet October 10, 2023 An unhealthy hiring market has seen UK revenue dip over the summer at recruiter Robert Walters.
Recruitment firms’ profits expected to suffer amid jobs gloom October 9, 2023 Analysts expect recruitment firms to report a sharp fall in profits this week as an uncertain economic environment impacts the jobs market. Hays, PageGroup and Robert Walters will update investors on their performance over the coming days, with profits predicted to fall sharply. According to a consensus cited by AJ Bell, Robert Walters is expected [...]
The X-Files at 30: What I learned from rewatching every episode September 6, 2023 This week marks the 30th anniversary of the X-Files first airing in 1993. A global smash of almost unprecedented levels (the premier of the 2016 reboot attracted 50 million viewers), it left an indelible mark on popular culture. I still vividly remember hunching over our ancient TV set every Monday evening, obsessing about a show [...]
Robert Walters posts 60 per cent profit slump as economic woes clobber recruitment August 1, 2023 A recruiter that is often viewed by analysts as a bellwether for the UK jobs market has posted a 60 per cent drop in profits as a result of firms trimming hiring amid the economic slowdown. Robert Walters, which specialises in sourcing talent for the City’s biggest banks, brokers and insurers, said today operating profits [...]
UK profit warnings hit highest yearly level since 2008, outside of pandemic July 19, 2023 The proportion of UK-listed companies that issued profit warnings in the past year was higher than any year since 2008, outside of the pandemic, according to new analysis. It comes as higher borrowing costs and a tougher sales environment have weighed heavily on businesses. Companies listed on the London Stock Exchange issued 66 profit warnings [...]
Recruiter Robert Walters hit by continued volatility in tech and finance sectors July 6, 2023 Profit at Robert Walters remained subdued in the second quarter as the recruitment firm struggled with global market uncertainty. In the three months to June, gross profit across the group fell 11 per cent to £99.9m compared to the year before. It said the second quarter of last year was a “record” quarter. Toby Fowlston, [...]
Robert Walters: Share price plunges for recruitment giant after warning of ‘significantly’ lower profits June 14, 2023 Global recruitment agency Robert Walters shares nosedived this morning when markets opened as the staffing firm warned that its profits for the year would be “significantly” lower than previously anticipated. Shares in the London-listed recruiter plunged by 15 per cent, however they have now clawed back to around 13 per cent, as the group posted [...]
A tale of two markets: ‘Muted’ UK recruitment offset by thriving Europe, says Robert Walters April 6, 2023 Robert Walters said its group profit remained flat in the first quarter of 2023 compared to last year, as a European recruitment drive offset falls elsewhere. Group profit was flat compared to last year on a constant currency basis, although it rose four per cent to £102.4m from £98.4m on a reported level. The recruiter [...]
Get access to labour market data April 5, 2023 Vacancysoft is the UK’s leading provider of labour market data and analytics. It provides high-grade lead generation, client intelligence and market analysis solutions for Britain’s top recruitment industry firms. Established in 2006, Vacancysoft works with leading staffing firms including Hays, Page Group, Adecco, Robert Walters and others, to assist in a variety of crucial ways. [...]
Skiing in St Moritz and Pontresina, the Swiss towns where British ski holidays were born January 29, 2023 The Grand Hotel Kronenhof is like a Wes Anderson movie brought to life. You join me in Pontresina, in Switzerland’s Eastern Alps, a pretty little mountain town of 18th century villas and Belle Epoque buildings. The hotel itself is large and neo-baroque, crowned with a jaunty green dome, and was opened in 1848 before being [...]