Hays is a leading player in the U.K. recruitment market with a sizeable international footprint. It has attractions as a business, but recruitment was already starting to struggle before COVID-19. The pandemic, lockdown and resulting recession will lead to a significant contraction in recruitment needs, which may also squeeze margins. This is not the time to be in Hays given the risk:reward ratio versus waiting for signs of recovery before investing.
Hays: A Solid Recruitment Play
Hays has been in business since the 19th century but has only moved to a recruitment focus in the