Hays Reports First Loss in 23 Years | Business and Finance News

episode

Business News Today | 2 Min News | The Daily News Now! not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Business News Today | 2 Min News | The Daily News Now!

Japanese Capsule Hotels: Budget Solution for London Hybrid Workers 1 min · 20 Dec 2025

Russia's War Economy: Sustainable or Unsustainable? 2 min · 20 Dec 2025

All episodes from Business News Today | 2 Min News | The Daily News Now! →

Report any issue

Source

Recorded21 Aug 2026

Publisherfeeds.acast.com ↗

Handlerec:20084935

Show notes

Hays, the giant recruitment firm, just posted its first loss in 23 years—£54.5 million—blamed on a hiring freeze fueled by geopolitics and AI, with permanent roles down 12%. Despite slashing staff from 9,500 to 8,100, they beat profit expectations and still plan dividends. Their new “Momentum” strategy aims to cut costs via digital tools and training, as investors watch closely for signs of recovery. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/51d35623f338adf7

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.