4 days ago
Recruiter Robert Walters cuts more jobs as income falls again in face of global economic uncertainty
Robert Walters has cut more jobs after income fell again in the face of increased economic uncertainty globally.
Bosses at the recruitment business cautioned that they do not expect to see a 'material improvement in hiring markets in the near term'.
Robert Walters said it cut its headcount by a further 2 per cent, or 77 roles, to 3,125 employees by the end of June due to continued weakness in the market.
The company has axed 500 jobs across its business over the past year.
Robert Walters also reported yesterday that group net fee income fell by 13 per cent in the latest quarter.
There was an 8 per cent fall in UK income to £12.1million for the quarter.
