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Recruiter Hays posts lower Q1 net fees, sees modestly profitable first half

Oct 15 (Reuters) - Recruitment agency Hays Plc said on Thursday it expects first half of the year to be modestly profitable as its temporary hiring remained stable overall, even as it posted a 29% drop in its first-quarter net fees due to the coronavirus crisis.

The UK-based company, among the world’s biggest recruiters with big businesses in both temporary and permanent hiring, also added that the group consultant headcount was down by 5% in the quarter.

Reporting by Indranil Sarkar in Bengaluru; Editing by Rashmi Aich

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