February 28, 2019 / 6:13 AM / 3 months ago

Adecco sees hiring slow further after disappointing Q4

ZURICH, Feb 28 (Reuters) - Adecco Group said hiring continued to slow at the start of this year after a goodwill impairment on its German business led the world's biggest staffing company to post a loss for the fourth quarter of 2018.

Adecco said it suffered a net loss of 112 million euros ($127.40 million) during the three months to the end of December after recording a goodwill impairment of 270 million euros.

Analysts in an Infront Data poll had expected a net profit of 150 million euros. (Reporting by Silke Koltrowitz)

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