(By Anthony Miller – Friday 19th June 2009 8:30am). No surprises in the interim management statement from recruitment and offshore outsourcing firm, Harvey Nash, this morning (see here). Much as other players have been reporting, permanent recruitment is still in a deep hole, but when I spoke to CFO Richard Ashcroft earlier this morning he confirmed that, in contrast, demand for their offshore outsourcing services is still holding up (see Offshoring now 20% of Harvey Nash’s profit). Ashcroft said they’d seen a bit of an uptick in their US contract business but that it was far too early to say that these are signs of ‘green shoots’. It’s still going to be a tough year ahead.
Friday 19 June 2009
Swings and roundabouts at Harvey Nash
(By Anthony Miller – Friday 19th June 2009 8:30am). No surprises in the interim management statement from recruitment and offshore outsourcing firm, Harvey Nash, this morning (see here). Much as other players have been reporting, permanent recruitment is still in a deep hole, but when I spoke to CFO Richard Ashcroft earlier this morning he confirmed that, in contrast, demand for their offshore outsourcing services is still holding up (see Offshoring now 20% of Harvey Nash’s profit). Ashcroft said they’d seen a bit of an uptick in their US contract business but that it was far too early to say that these are signs of ‘green shoots’. It’s still going to be a tough year ahead.
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