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Evening Standard
Evening Standard
Anna Wise

Recruiter Hays warns over profits as hiring slump in German car sector worsens

Recruiter Hays has warned that its annual profits could fall short of expectations (Owen Humphreys/PA) - (PA Archive)

Recruiter Hays has warned that its annual profits could fall short of expectations because of a lacklustre global jobs market and German car firms slowing hiring amid the threat of higher US tariffs.

Shares in the company, which is one of the biggest recruitment agencies in Europe and the largest to be listed in the UK, dropped by more than 13% following the update on Thursday morning.

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