Wednesday, 12 August 2009

Triad finds it tougher

(By Anthony Miller – Wednesday 12th August 2009 8:15am). After yesterday’s disappointing half-time results from leading UK ITSA (IT staff agency) Spring (see Spring is sprung!) and from its soon-to-be parent, European staffing giant Adecco, much smaller player Triad warned today of lower margins as ‘uncertain’ market conditions continue (see here). UK-based international recruitment firm, Michael Page, is due to report on Monday, and is expected to confirm its downbeat trading update last month (see UK slowdown slows at Michael Page). What can we say? It's just so especially tough out there for the recruitment industry.

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