Sweden – Dedicare Q3 operating profits sink, expansion in Finland

Dedicare (DEDI: SS), a Swedish staffing firm, reported revenue for the third quarter ending 30 September 2018 of SEK 220.6 million (€21.3 million), an increase of 13.0% compared with the same period last year.

UK – ARZ Management gets its Gangmasters licence revoked over worker exploitation

ARZ Management Limited, a Southampton-based recruitment firm has had its Gangmasters and Labour Abuse Authority (GLAA) licence revoked after inspectors uncovered a host of issues which exposed its workers to exploitation.

The recruitment firm, which specialises in the placement of candidates in permanent,...

UK – Employer confidence in the economy drops to lowest level in 8 months

Employers’ confidence in the prospects for the UK economy have plummeted in October, according to the Recruitment and Employment Confederation’s latest JobsOutlook report.

The net balance of employers seeing a positive outlook as opposed to a negative one reached -14, a fall of 9% from September and...

UK – Healthcare recruiter Acton Banks undergoes management buyout

Wolverhampton-based healthcare recruitment firm Acton Banks announced that it has been acquired in a management buyout backed by Maven Capital Partners, a private equity firm.

Acton Banks was established in 2006. The group places staff into nursing homes, NHS hospitals, care homes, residential homes,...

World – Randstad’s third quarter revenue growth weakened by slowdown in Europe

Randstad (RAND: NV), the second-largest staffing firm in the world, today reported revenue for the third quarter ending 30 September 2018 of €6.0 billion, an increase of 3% on an organic basis compared with €5.8 billion a year ago.

Rest of the World led revenue growth in the third quarter with organic...

Ireland – Cpl Resources provides upbeat trading update, appoints new independent director

Irish recruitment firm Cpl Resources announced a trading update during its Annual General Meeting yesterday. The group also announced the appointment of a new independent Director to the Board.

Cpl appointed Elaine Coughlan to the Board of Directors with effect from today, 23 October 2018.

Coughlan is...

UK – Think Services Group buys blue-collar recruitment firm Handystaff

British recruitment firm Think Services Group announced that it has bought Nottingham-based blue collar recruitment firm Handystaff in a deal led by its Chief Operating Officer, Bradley Gough, a former HandyStaff employee.

Think Services Group, founded in 2017 by CEO Brandon Rowlands and COO Bradley Gough,...

Czech Republic – 10% of employment agencies are illegal, Grafton says

Approximately a tenth of employment agencies working in the Czech labor market are called "grey agencies", who use temporary gaps in employment to employ temporary workers, robbing both the employees themselves and the state, according to estimates from Grafton Recruitment....

UK – Job vacancies up 11.9% and salaries increase 4.3% in third quarter

Job vacancies were up by 11.9% and salaries increased by 4.3% in the third quarter when compared to the same period last year, according to research from CV-Library.

CV-Library pointed to a hike in business confidence that is starting to take effect, along with candidate registrations in some of the UK’s...

World – ManpowerGroup revenue up 1% in constant currency, calls out softening market in Q3

ManpowerGroup (NYSE: MAN) cited a softening market environment, especially in Europe, in its third-quarter results released today. Total revenue at the US-based staffing giant rose 1.3% on a constant currency basis despite being down 0.8% on a reported basis. Gross margin narrowed, but net earnings rose....