Latest news with #Randstad
Yahoo
23-07-2025
- Business
- Yahoo
Recruiter Randstad's core profit meets market estimates in Q2
(Reuters) -Dutch recruiter Randstad reported a second-quarter core profit in line with market expectations on Wednesday, citing improvements in some key markets, increased recruitment outsourcing demand and further cost reductions. The world's largest employment agency posted quarterly earnings before interest, taxes and amortization (EBITA), and before one-offs, of 171 million euros ($200.63 million), roughly in line with the average forecast of 170 million from analysts polled by Randstad. Recruiters including Randstad, Adecco and Hays have voiced concerns about the worsening job market driven by an escalating global trade war and economic struggles in major European markets like Germany and France. In the second quarter, the underlying core profits in these markets still faced difficulties, with a narrowing EBITA loss in Germany and an organic earnings decline of 14% in France. Randstad said it expected its gross margin and operating expenses to be slightly lower in the third quarter than in the previous three months. ($1 = 0.8523 euros)
Reuters
23-07-2025
- Business
- Reuters
Recruiter Randstad's core profit meets market estimates in Q2
July 23 (Reuters) - Dutch recruiter Randstad ( opens new tab reported a second-quarter core profit in line with market expectations on Wednesday, citing improvements in some key markets, increased recruitment outsourcing demand and further cost reductions. The world's largest employment agency posted quarterly earnings before interest, taxes and amortization (EBITA), and before one-offs, of 171 million euros ($200.63 million), roughly in line with the average forecast of 170 million from analysts polled by Randstad. ($1 = 0.8523 euros)
South China Morning Post
20-07-2025
- Lifestyle
- South China Morning Post
Younger Hongkongers are taking it slow and steady? Good
Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@ or filling in this Google form . Submissions should not exceed 400 words, and must include your full name and address, plus a phone number for verification One afternoon in Mong Kok, I watched a mother place a milk tea beside her daughter, who sat quietly with her laptop closed. No lecture, no judgment – just quiet understanding. That small gesture stayed with me. As someone who works in vision coaching with Hong Kong youth, I see this same quiet recalibration in many of my sessions: young people choosing to pause. This shift isn't about laziness. It's a sign of reflection. After years of racing towards grades, titles and expectations, many are asking better questions. One young client said, 'If I keep sprinting like this for 10 more years, what kind of person will I be?' That isn't apathy – it's awareness. There's even a name for it: 'cozymaxxing', a trend where young people build comfort and recovery into their daily lives. I've seen clients replace all-nighters with slow walks, side hustles with sleep. They're not rejecting ambition, they're reshaping it. In a recent Randstad study, 45 per cent of Hong Kong millennials reported that they have 'quiet quit' due to job dissatisfaction, with around one in three having skipped work for the same reason. The system many grew up trusting, it seems, no longer guarantees a life worth living. Think of the Peak Tram. It doesn't race. It climbs steadily, at its own pace, and always gets there. That's the kind of ambition I am seeing more of: slower, more intentional, grounded in long-term well-being.
NDTV
03-07-2025
- Business
- NDTV
Why Gen Z Is Leaving Metro Cities For Tier-2 Towns
An increasing number of Gen Z professionals in India are relocating to Tier-2 cities, driven by factors such as affordability, improved infrastructure, and better work-life balance. Cities like Indore, Chandigarh, Lucknow, Jaipur, Coimbatore, and Kochi are emerging as preferred destinations, offering a blend of modern amenities and cultural richness. The rise of remote work has enabled young professionals to work from locations offering a lower cost of living without compromising on lifestyle. Tier-2 cities provide affordable housing, reduced traffic congestion, and cleaner environments compared to metropolitan areas. Government initiatives like the Smart Cities Mission and the development of Special Economic Zones (SEZs) have further enhanced the appeal of these cities by improving infrastructure and creating job opportunities. A number of significant factors are behind this change, such as: 1. Growing job markets According to Ernst & Young (EY), Tier-2 cities are witnessing a hiring boom, with virtual-first Global Capability Centres (GCCs) and IT and Banking, Financial Services, and Insurance (BFSI) sectors expanding their presence. A Randstad 2025 report reveals job openings in these cities rose nearly 42%, compared to just 19% in metro hubs. Global tech firms like Genpact, HCLTech, Cognisant, and Infosys are opening offices in Melur, Nagpur, Lucknow, and Bhubaneswar to access local talent and reduce costs. 2. Lower living costs & better quality of life Employees in Tier-2 cities earn 25-35% less but enjoy proportional cost savings. Deloitte/Nasscom data shows salaries drop by 25-30%, and real estate rents are about 50% cheaper than metros. Residents cite cleaner air, less congestion, and open spaces all contributing to improved mental and physical well-being. 3. Infrastructure & remote-work readiness Enhanced internet access (including 5G rollout), coworking spaces, better air connectivity under UDAN, and improved roads in cities like Bhubaneswar, Jaipur, and Coimbatore have enabled a seamless transition to remote or hybrid work. 4. Cultural vibrancy & social engagement Smaller cities offer a rich cultural life, local festivals, community events, and heritage sites combined with more nurturing environments. Many young migrants appreciate the community feel and find it easier to participate in civic and creative activities. 5. Education & career-focused growth Improved educational infrastructure, including engineering institutes and vocational centres in Jaipur, Pune, and Vadodara, makes Tier-2 cities attractive for both education and professional development. Gen Z's move to Tier-2 cities is propelled by growing job opportunities, affordable living, quality of life, and cultural/community appeal. These trends suggest a lasting decentralisation of India's workforce, marking a significant shift in the nation's urban dynamics.
Techday NZ
03-07-2025
- Business
- Techday NZ
Voyage marks decade of growth with focus on AI & culture
Voyage, a Christchurch-based digital agency, has marked ten years in the web and app development sector as it prepares for the next phase of growth, with a renewed focus on artificial intelligence and workplace culture. Anniversary milestone Founded in 2015, Voyage has delivered website and app development services to a range of public and private sector clients. The company has consistently emphasised tangible business outcomes and prioritised work-life balance for its employees. According to the agency, its guiding philosophy holds that "success is measured by the tangible outcomes delivered to clients not just by the technology used, and by making sure all employees have an optimal work-life balance." Technological shifts The past decade has seen significant change, with Voyage adapting to advancements in digital technology. The company has maintained a commitment to flexibility in its technological approach and has not relied on a single platform or language. Early on, Voyage became a Silverstripe partner due to in-house expertise and developed capabilities in cloud-based solutions. In more recent years, development with and React Native has become a core part of its technical stack. Artificial intelligence now features prominently in the firm's strategy. AI integration has been used to streamline prototyping, reduce time to market, and improve delivery outcomes. Ryan O'Hara, Director and Founder, said: We've always prided ourselves on our ability to move with the times while staying true to our core values. As we enter our next decade, we're excited to bring even more value to our clients by using AI to streamline processes and deliver more tangible results, faster. Our focus will always be on delivering the best outcomes for our clients. AI in development processes Voyage has incorporated AI across various stages of development. The company reports that AI-driven tools help accelerate the prototyping process, offering quicker iterations and enabling clients to make informed decisions earlier in the development cycle. O'Hara commented: AI is a transformative tool helping us provide even more value to our clients. By incorporating it into our workflows, we're able to offer smarter, faster solutions that drive results. We're excited about what the future holds. Emphasis on workplace culture An ongoing focus at Voyage has been the wellbeing of its staff. The company said it fosters a culture based on trust, flexibility, and work-life balance, in line with findings from the Randstad Workmonitor 2025 report, which suggests that a sense of belonging and trust in leadership are important factors in employee performance and retention. O'Hara said: It's never been complicated for me. From the beginning my stance was, we do good work and we live our lives. If people are parents and they need to pick up their kid, go and do it. If you have a dentist appointment, you don't need permission. If you need to work from home for a day, go for it. We emphasise a culture of trust and top quality outcomes, the rest fits into place from there. Project work and client relationships Voyage has contributed to projects for several government organisations, including the New Zealand Defence Force, the Ministry of Social Development's Love Better campaign, and Education New Zealand. The agency reports that its approach has remained consistent across varying client requirements and industries, focusing on delivering what it describes as "gold standard, world-class results." Looking ahead The company believes it is positioned to continue adapting as digital technologies evolve. With its focus on both client results and workplace culture, Voyage aims to leverage AI to continue offering relevant digital products and services. O'Hara reflected on the company's past and future, stating: We've weathered many changes over the years, but our commitment to delivering the best possible outcomes for our clients has never wavered. We're proud of what we've achieved in the past decade, and we're excited about the future. We're ready to embrace the new opportunities that AI and other technologies will bring, and we're confident that we'll continue to evolve in ways that, ultimately, benefit our clients.
