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Manpower malaise

Article Abstract:

The UK recruitment sector has been badly affected by the economic slowdown, with 10 of the 17 UK publicly-quoted firms having issued profit warning so far in 2001. The future outlook is not all gloomy, even if there is a recession, but investors should be cautious about the sector just now.

Author: Thomas, Joe

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001

Industry Overview

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PSD

Article Abstract:

UK recruitment services firm PSD has been badly hit by the weak economy and falling demand for recruitment, and its shares currently look overpriced. PSD is very reliant on sectors which have been particularly hit, such as IT.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001

PSD

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Glotel

Article Abstract:

UK recruitment firm Glotel has been hit by reorganisation costs and a decline in demand for technology staff. The sector could decline further, and investors may be advised to sell Glotel shares.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001

Glotel

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Subjects list: Securities, Employment services

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