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Evening Standard
Evening Standard
Clara Margotin

Hays sees weakening permanent jobs market keep trading under pressure

Hays saw shares plunge as much as 12% at one stage in early trading on Monday (Dan Lewis/VisMedia/PA) - (PA Media)

Global recruitment chain Hays has revealed ongoing pressure on fees as permanent hiring weakens amid warnings the jobs market remains “as tough as ever”.

The London-headquartered firm, which is one of Europe’s biggest recruitment agencies, said net fees fell 3% on a like-for-like basis in its first quarter to September 30.

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