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Evening Standard
Evening Standard
Business
Jonathan Prynn

Hays shares dive on profit warning over hiring slump

Shares in global recruitment giant Hays fell heavily today as it issued a profit warning following a sharp slowdown in hiring for permanent staff.

The London based group said hiring activity levels during the three months to end June “reduced sequentially” largely as a result of the downturn in permanent recruitment “reflecting low levels of client and candidate confidence as a result of macroeconomic uncertainty.”

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