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The Latest Breaking News from Hays

Hays cuts consultancy staff by 14% in tough recruitment market

The recruiter is looking to save £45 million a year in costs by 2028-29, with around £30 million being delivered in the year to the end of June.

Evening Standard

Hays profit tumbles as recruiter grapples with prolonged hiring slump

The London-listed company also said its boss Dirk Hahn has stepped down for ‘personal reasons’ after 28 years at the firm.

Evening Standard

Stocks green as US-Denmark tensions remain high

A safe-haven demand from a firming gold price lifted mining stocks.

Evening Standard

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Hays says jobs market still under pressure as it counts on new year hiring boost

The global recruiter said permanent hiring was still a challenge, with it taking longer to get people into roles.

Evening Standard

FTSE 100 Live 14 January: Index sets new record, Pearson and Hays fall after updates

Recruitment sector conditions remain tough after Hays today reported another big drop in net fees.

Evening Standard

Hays sees jobs market remaining under pressure well into 2026

The group reported an 8% drop in net fees in the three months to the end of September despite the usual post-summer recovery.

Evening Standard

Why Britain is becoming an ‘unattractive’ place for businesses

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The Independent UK

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Warning Britain is becoming ‘unattractive’ place to hire new staff

The national minimum wage rose in April, but driving up labour costs for employers

The Independent UK

Wage pressures pushing UK firms to automate more work, Hays says

The recruitment giant said staff no longer value loyalty to their employer.

The Independent UK

Shocking Survey: 'Reasons to Call Out of Work' Searches Soar 1,450% as Brits Revolt Against 9-to-5

British workforce rebels against traditional 9-to-5 schedules with 1,450% surge in work absence searches, whilst TfL strikes demand 32-hour weeks and companies report massive benefits from flexible working.

International Business Times UK

FTSE ends above 9,300 for first time amid brighter PMI print

UK public sector borrowing was also better than expected last month, although the data is unlikely to end talk of tax rises in the autumn budget.

Evening Standard

Hays profits tumble as recruiter flags sharp drop in permanent hiring

The company, which is one of Europe’s biggest recruitment agencies, said conditions in the jobs market remained ‘challenging’.

Evening Standard

Workers fear being forced back into office, survey finds

Female respondents were more likely to report the positive effects of a hybrid working model

The Independent UK

Fear of being ordered back to office affecting UK staff wellbeing, poll finds

Exclusive: More than a third of employees surveyed say stories about firms hardening stance have had impact

The Guardian - UK

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Evening Standard

Stocks dip as Bank of England leaves interest rates unchanged

The FTSE 100 index closed down 51.67 points, 0.6%, at 8,791.80.

The Guardian - UK

Recruiter Hays warns global slump in hirings will halve its profits

Shares fall by as much as 20% at one point to lowest level in 13 years before easing back to more than 10% down

Evening Standard

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

Shares in the recruitment giant dropped by more than 13% following the update on Thursday morning.

Evening Standard

Hays shares dive on profit warning over hiring slump

Permanent recruitment has been particularly badly hit but the temp and contracting sector was more resilient

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TechRadar

Getting itchy feet at work? Now could be a really good time to look for a new job in tech

Companies are still struggling with a lack of skills, yet existing workers are looking to relocate or go back to contracting, Hays finds.

The Independent UK

No end in sight for hiring market slump, says recruitment giant Hays

Hays said conditions are set to remain ‘challenging’ into its 2026 financial year, as firms continued putting the brakes on hiring.

TechRadar

Hybrid working here to stay? Survey finds huge number of workers would quit if ordered back to the office

Commuting costs are remote workers’ biggest concern, but thankfully not many companies see reduced productivity when WFH.

The Guardian - UK

Half of UK professionals might quit if ordered back to the office full time, poll shows

Exclusive: Hays says employers ‘risk losing top talent’ if return-to-office mandates are issued, with nearly 75% of workers preferring a hybrid pattern

Evening Standard

Plunge in European hiring sinks profit at recruitment giant Hays

It saw a 17% drop in fees in the UK over the six months to December 31.

Evening Standard

Hays profits set for ‘lower end’ of targets amid weaker recruitment market

The company said its profits are set to be at the lower end of previous targets after a slump in net fees.

Evening Standard

Hays still suffering from recruitment drought with no sign of upturn

The UK market was particularly badly hit by uncertainty among employers with fees overall down 20%,

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