Recruitment firms Page Group and Robert Walters cut headcount and net fee income declines due to challenging labour markets.

Recruitment firms Page Group and Robert Walters have reduced their headcount due to challenging labour markets, with Robert Walters' staff numbers falling by 9% and Page's by 15.7% at the end of December. The companies' net fee income also decreased for 2023, with Robert Walters reporting a 10% decline to £386.8m. In the UK, the group's net fee income dropped by 18%, while in London it fell by 29%.

March 07, 2024
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