Recruitment activity down amid UK economic uncertainty

Amid reports of hiring freezes and cost cutting at clients across the UK, permanent placements and temp billings fell in March, according to the latest UK Report on Jobs by the Recruitment and Employment Confederation and KPMG, compiled by S&P Global.

The report also noted increased staff availability...

Artificial intelligence could displace up to 8 million UK jobs

AI adoption in the UK labour market could lead to 7.9 million job losses and no GDP gains, according to a worst case scenario based on research from the Institute for Public Policy Research (IPPR).

The IPPR is a “progressive” think tank and registered charity funded by charitable trusts, foundations,...

Randstad accuse former CSE officials of embezzlement

A public prosecutor's office in France has opened a preliminary investigation into suspicions of embezzlement by elected officials of the social and economic committee (CSE) of Randstad Inhouse Services in France, reports Le Monde. Established in La Plaine-Saint-Denis (Seine-Saint-Denis), this CSE is...

Cisco, Indeed, Google, others form collaborative to upskill workers on AI

Several tech giants and workforce ecosystem firms formed a collaborative to find out how AI is changing jobs and what skills workers will need to be successful. It plans to provide recommendations for employers seeking ways to upskill workers in preparation for AI. Firms taking part include Accenture,...

House of HR full-year revenue up 8.1% as profits improve

House of HR, the Belgian staffing firm and the 7th largest staffing firm in Europe, reported like-for-like revenue growth of 8.1% for the full year 2023. Revenue totalled €3.39 billion.

The group said it reported growth despite facing ‘formidable market headwinds’.

EBITDA stood at €373...

RE Recruitment acquires Truly Tailored Recruitment

UK-based independent recruitment firm RE Recruitment announced it acquired Truly Tailored Recruitment.

Financial details were not disclosed.

Truly Tailored Recruitment, a boutique recruitment agency based in Cheltenham, focuses on supporting the SME market.

According to RE Recruitment, the collaboration...

AI will lead to reduction in workers, Adecco finds

Artificial intelligence will lead to many companies employing fewer people in the next five years, reports Reuters, citing a survey by the Adecco Group. The survey found that 41% of the 2,000 managers surveyed expect that they will employ fewer employees in the next five years due to technology. At the...

Number of foreign workers in Poland on the rise

Approximately 18.4% of companies in Poland currently employ foreign workers and this figure is expected to increase further in the next year, according to the Labour Market Barometer 2024 by Gi Group Holding, published in Polskie Forum HR.

Anna Wesołowska, managing director of Gi Group Poland, said,...

Grupa Pracuj full-year revenue up 19% as profits climb

Grupa Pracuj (GPP: WSE), the parent company of a number of Eastern European job board brands, posted revenue of PLN 724.4 million (168.7 million), an increase of 19.0% when compared to the prior year.

Resources Connection Q3 revenue falls 19.6%

Resources Connection Inc. (NASDAQ: RGP), which operates as RGP, yesterday reported revenue declined by 19.6% on a same-day, constant currency basis to $151.3 million in its fiscal third quarter ended 24 February 2024. 

The decline reflected the overall choppy macro environment as clients want more...