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Evening Standard
Evening Standard
National
Holly Williams

PageGroup cuts workforce further as jobs market woes deepen

UK wage growth increased for the first time in more than a year (Alamy/PA) -

Recruitment firm PageGroup has cautioned profits will be towards the lower end of expectations and revealed more role cuts as it said the jobs market had weakened further across Europe.

The company said its group gross profits fell 17.2% to £196.7 million in the final quarter of 2024 – down 13% with currency movements stripped out.

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