Hays, the world’s leading recruiting experts in qualified, professional and skilled people, announces that with immediate effect it has ceased all business operations in Russia.
Due to the ongoing conflict in Ukraine, Hays has taken the decision to close its offices in Moscow and St Petersburg, cease all business activity and exit the country.
Alistair Cox, Hays plc CEO, commented:
“This is not a decision we have taken lightly as a business. However, we cannot continue to maintain a presence in Russia, nor assist organisations there in any way, in light of the current situation.”
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Contact
Freida Moore
Global Head of Corporate Communications
E: [email protected]
About Hays
Hays plc (the "Group") is a leading global professional recruiting group. The Group is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the UK and Australia and one of the market leaders in Continental Europe, Latin America and Asia. The Group operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments. As at 31 December 2021 the Group employed c.12,100 staff operating from 254 offices across 20 specialisms. For the year ended 30 June 2021:
– the Group reported net fees of £918.1 million and operating profit of £95.1 million;
– the Group placed around 60,000 candidates into permanent jobs and around 220,000 people into temporary roles;
– 17% of Group net fees were generated in Australia & New Zealand, 27% in Germany, 22% in United Kingdom & Ireland and 34% in Rest of World (RoW);
– the temporary placement business represented 61% of net fees and the permanent placement business represented 39% of net fees;
– Technology is the Group’s largest specialism, with 26% of net fees, while Accountancy & Finance (14%) and Construction & Property (12%), are the next largest