Recruiter PageGroup Lifts Annual Profit View on Hiring Demand, Staff Crunch

Recruiter PageGroup Lifts Annual Profit View on Hiring Demand, Staff Crunch
A worker arrives at his office in the Canary Wharf business district in London, on Feb. 26, 2014. Reuters
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Global recruiter PageGroup Plc lifted its full-year profit forecast for the third time in six months on Wednesday, buoyed by a surge in demand for long-term hiring and staff shortages.

Since the pandemic, most global recruiters are rushing to fill up vacancies as workspaces are adopting hybrid working models and adapt to the pandemic. PageGroup’s smaller rival Robert Walters also forecast annual profit to exceed current expectations on Tuesday.