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Hays slumps in September quarter, as 'supercharging' continues in tech

Net fees generated in Hays' Australian operations fell 17% year-on-year in the September quarter, marking its fourth consecutive quarterly decline. But the company has also provided an update on the expansion of its tech business.

New South Wales and Victoria (which together represent 51% of Australian gross profit) decreased by 22% and 20% respectively. Queensland fell by 10%, WA by 8%, and ACT by 20%.

In New Zealand, which represents 9% of the ANZ region, gross profit fell by 17%...

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