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Amadeus FiRe FY 2023 revenue up, EBITA growth lower than expected

14 February 2024

Amadeus FiRe (AADX:GER), the Germany-based staffing provider, reported consolidated sales of €442.4 million for the full year of 2023, up 8.7% when compared to the prior year period.

The group’s preliminary figures also showed EBITA of €70.4 million, an uptick of 3.5% compared to the previous year....


IPE Ventures acquires Staffing 360’s UK business

14 February 2024

Staffing 360 Solutions Ltd. (NASDAQ: STAF) has divested its UK business, selling it to London-based private equity firm IPE Ventures.

“This acquisition aligns with our longstanding pursuit of a buy-and-build investment platform in the IT/engineering sector,” Adam Fletcher, group CEO of IPE Ventures,...


Adecco pledges to recruit 85,000 refugees by end of 2027

14 February 2024

Adecco, part of the Adecco Group, announced it has pledged to find jobs for 85,000 refugees globally, and train or upskill 17,000 by the end of 2027.

The commitment follows Adecco’s first pledge at Tent’s European Business Summit in June 2023. At the summit, Adecco, a partner of the Tent Partnership...


Dutch temp agency jobs fall in Q4 amid tight labour market

14 February 2024

There were fewer jobs at temporary employment agencies in the Netherlands in the fourth quarter of 2023 when compared to the third quarter, according to data from Statistics Netherlands.

The research showed 4,000 fewer jobs at temporary employment agencies in the fourth quarter than in the previous quarter,...


Randstad Q4 organic revenue down 9% amid limited visibility

13 February 2024

Randstad (RAND: NV), the world’s largest staffing firm, today reported revenue for the fourth quarter ending 31 December 2023 of €6.18 billion. Organic revenue per working day was down 8.6% year-on-year in Q4 2023. Reported revenue was down 12%, of which working days had a negative impact of...


UK unemployment rate improves to 3.8% but ONS cautions on data

13 February 2024

The UK unemployment rate for those aged 16 years and over decreased in the latest quarter ended December 2023 to a rate of 3.8%, returning to the rate a year ago, according to the latest estimates by the Office for National Statistics (ONS).

Labour Force Survey (LFS) estimates have been reweighted for...


AI expected to boost workforce productivity in energy sector

13 February 2024

Artificial intelligence (AI) is expected to boost workforce productivity and job satisfaction and drive demand for new skills across the energy industry worldwide, according to the eighth annual Global Energy Talent Index (GETI) by Airswift.

The report found that 95% of energy professionals expect AI...


Irish health services to cut €250 million spending on outside agency staff (Irish Times)

13 February 2024

Ireland’s Health Service Executive (HSE) is to cut €250 million from spending on outside staffing agencies, under plans being considered by health officials and the government, reports the Irish Times. Pay costs will also be cut by €80 million through the conversion of agency staff to HSE employees,...


NetJobs Q4 revenue plummets as losses widen

12 February 2024

Swedish job board NetJobs (NJOB: STO) reported revenue today for the fourth quarter ending 31 December 2023 of SEK 3.5 million (€0.3 million), a fall of 46.7% compared with the same period last year.

For the full year period, the group reported revenue of SEK 16.8 million (€1.5 million), a decrease...


UK employers plan for lowest pay rises since pandemic

12 February 2024

UK employers’ basic pay increase expectations over the next 12 months have fallen for the first time since Spring 2020, according to the latest Labour Market Outlook by the Chartered Institute of Personnel and Development.

Having held steady at 5% for more than a year, UK employers expected basic pay...