Daily Management Review

Strong Hiring Scores Higher Profit For Robert Walters


Despite Brexit threats and protests in France, Robert Walters registers higher profit in Asia and Europe.

At the beginning part of this week, Robert Walters Plc, a British recruiter, came out with its profit reports of the first quarter which has recorded a higher score. The said figures received boost by “healthy hiring” in the “Asia-Pacific and Europe” whereby eclipsing the affects of “political protests and disruptions in France”.
The work of Robert Walters is to place people in various jobs covering “finance, engineering, legal and marketing” sectors. As per reports, there has been an eleven percent growth in the last quarter ending with March 31, whereby there has been a growth of “98.6 million pounds”.
In the Europe, its first quarter’s gross profit for net fee income leaped up by 8% to “26.2 million pounds” and in the U.K’s front ten percent growth has been recorded even though Brexit uncertainties are damaging the “client and candidate confidence”. In the words of the C.E.O of Robert Walters:
“All the group’s regions delivered growth in net fee income despite economic and political uncertainty in a number of markets, particularly the UK and France”.
In the quarter, the Asia-Pacific’s gross profit went up by twelve percent to “36.4 million pounds”.
Moreover, PageGroup Plc, a rival company, had reported last week that the “‘gilets jaunes’ protests in France” had impact the confidence of the candidates. While Reuters reported that:
“Robert Walters said performance in France, its largest market in Europe, was hit by the turbulent political backdrop but still managed positive single digit net fee income growth”.

Science & Technology

Uber sues Los Angeles authorities over user data collection

Google Introduces New Coronavirus Website

WHO Warns That The Youth Are ‘Not Invincible' To The Novel Coronavirus

Chinese software company learns to recognize 95% of masked faces

World's largest retailer to use 5G for medical services

SpaceX Receives Approval To Create Research & Manufacturing Facility In Los Angeles

JPMorgan: Transition to e-money will be based on blockchain

Tesla In Advance Talks With CATL For Using Lithium Batteries

Financial giants and US government turn to quantum computers

Long Way To Go For Coronavirus Vaccine, Say Drgumakers

World Politics

World & Politics

US Ambassador To UK Holds China Responsible For Global Spread Of Coronavirus

China to lift quarantine in Wuhan on April 8

Canada, Australia refuse to send athletes to Olympics 2020

Plans For A Possible Delay Of Olympics Being Formulated By Tokyo Organizers: Reuters

Maduro says Venezuela will receive UN assistance to fight coronavirus

2 Million Masks For Coronavirus Crisis In Europe Donated By Jack Ma

National Emergency Declared In The US By Donald Trump Over Coronavirus

China: Coronavirus epidemic peak is over