RECRUITMENT firm Hays said it has cut its own UK workforce by almost a third in a year to cope with deteriorating demand for permanent staff.
The firm said net fees from UK recruitment in the third quarter were down by 37% compared with the same period last year as hiring at private sector firms seized up.
Hays said it cut its headcount by 9% in the three months to the end of March, bringing the total employee reduction in the last 12 months to 27%.
Hays said 250 staff had left its UK and Ireland workforce in the quarter – bringing the total down to 2,400. It has shed about 700 UK workers in the year so far, mainly through natural wastage.
Hays cut about 900 staff, or 11%, of its 8,000-strong global workforce in the three-month period.