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Australia "cautious but consistent" for Hudson RPO
Hudson RPO's streak of record quarters has ended, with the Australian market now "cautious but consistent", says APAC CEO Kimberley Hubble.
The company's Australian revenue declined by 9% year-on-year in constant currency to US$24.4 million (A$36.5m; Q1 2022: A$42.5m) in the first three months of the year.
Contracting revenue was down 16% "due to the loss of a significant customer in Q1 2022", but revenue for RPO recruitment grew 17% (US$0.9m, A$1.3m) "as the result of new client wins and higher demand from existing clients", the company says in its latest results announcement...
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