Hays has taken action "to align consultant headcount to market demand" in the wake of a disappointing performance in the December half-year. Meanwhile a search process is now underway to replace its long-term CEO. read more
ChatGPT is a double-edged sword for the recruitment industry, according to Seek CEO Ian Narev. He spoke to Shortlist this morning about Seek's approach to AI, its latest financial results, and how the platform is making progress on recruiters' main "bugbear". read more
HiTech Group has this morning reported another record half-year financial performance, with total revenue up 37% and gross profit up 21% year-on-year. read more
The GO2 People has appointed new leadership and made another white-collar acquisition, which it hopes will aid its growth through c-suite relationships. Meanwhile the company has reported improving cash flow to the ASX, and notes some of its board are receiving their fees in the form of shares in lieu of cash to further reduce burn. read more
Labour hire company and recruitment platform Hiremii has launched a new ad-writing tool that it claims puts it at "the leading edge" of AI for the recruitment industry. read more
Measures to improve its database usage have helped Ashdown People double its fill rate, contributing to some "absolutely brilliant" financial results, according to general manager Ripesh Damania. read more
There is now high demand from buyers to acquire certain types of recruitment businesses, but market conditions are giving owners inflated expectations of their company's worth, an advisor says. read more