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flag Hays saw profits drop 25% in 2025 due to weak hiring, cut staff and dividends, and replaced its CEO.

flag Recruitment firm Hays reported a 25% drop in pre-tax profits to £20.1 million for the six months ending December 31, 2025, citing ongoing economic and political uncertainty that weakened global hiring, particularly in permanent placements, which fell 14%. flag Net fees declined 9% overall, with temporary staffing showing improvement in the UK and Ireland. flag CEO Dirk Hahn stepped down for personal reasons after nearly 30 years, with interim leadership given to chief digital and technology officer Mark Dearnley. flag The company cut its UK and Ireland consultant headcount by 22% and reduced its dividend by 84%.

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