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SThree warns of tough year ahead as fees slide

The recruiter hasn't been immune to the hiring rout despite a focus on sectors with skills shortages
SThree warns of tough year ahead as fees slidePublished on January 28, 2025
  • Net fees and pre-tax profits down 9 per cent
  • Headcount reduction much smaller than peers

Cost-cutting across industries, cautious hiring from companies, and potential candidates hesitating to move jobs have all put a serious dent in recruitment. Even firms focusing on temporary roles in sectors with acute skills shortages, such as science, tech, engineering and maths at SThree (STEM), haven’t been spared.

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