Robert Walters blames Budget uncertainty for slump in UK fees Business Recruiter Robert Walters has posted a slump in net fee income as economic and political uncertainty dragged on hiring in the UK and Europe.
Robert Walters insists 2024 ‘not a lost year’ despite tumbling profit Live! Recruiter Robert Walters has insisted that 2024 is not a lost year despite posting another set of results dominated by tumbling profit and and fees.
Slowing jobs market hits profit at Robert Walters Recruitment The firm said June was the worst year of the month so far for fee income. Fees for the month dropped 18 per cent. Robert Walters said new job flow in the month was "weaker than expected."
Another recruiter feeling the heat: Robert Walters slashes jobs as fees slump April 16, 2024 The net fee income of Robert Walters dropped 21 per cent in the first quarter of the year, as yet another recruiter has been burned by a slowing job market. The firm revealed today that it had cut its headcount by 13 per cent since last year to 3,812 in a quarterly trading update for [...]
Robert Walters: Recruiter slashed headcount as profit plummeted – with London hit hard March 7, 2024 Robert Walters said headcount had dropped to 3,980 from 4,356 the previous year, which it said was "reflecting a balanced approach to maintain core consultant capacity in most resilient markets".
Fears grow of deteriorating jobs market after recruitment firms update on 2023 January 16, 2024 On Monday morning Pagegroup became the third recruitment firm this year to reveal the impact that a slowing jobs market has had on its performance.
UK economy: Another recruiter reports dramatic fee fall as hiring market clams up January 11, 2024 Recruitment firms are often seen as a bellweather for the health of the UK's labour market.
Recruiter Robert Walters to update investors after bumpy 2023 January 7, 2024 Recruiter Robert Walters will update investors this week on its performance over the fourth quarter, with investors hoping the firm can turn a corner after a bumpy 2023.
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.
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 [...]