Recruitment firm PageGroup cuts jobs, expects lower profits amid weakening European market.

Recruitment firm PageGroup is cutting more jobs and expects lower profits due to a weakening European jobs market, particularly in France and Germany. The company reported a 13% drop in full-year earnings and closed service centers in the UK and Singapore, leading to additional cost cuts and role reductions. CEO Nicholas Kirk cited macroeconomic uncertainty as a significant challenge affecting hiring.

3 months ago
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