Recruiters Slash Guidance as UK Employment Market Slumps
Commuters in London.
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UK recruitment companies are cutting guidance, citing a weak labor market in 2025 as hiring budgets are slashed.
FDM Group Holding Plc’s shares plunged as much as 11%, the most intraday since March, after the IT services and recruitment company said its performance in 2025 may be below its previous expectations. That followed peers who already cut their guidance.