Europe’s PE-Owned Staffing Firms Are Getting Squeezed in Multiple Ways
Europe's private equity-owned recruitment firms are under pressure from a hiring slowdown, wage inflation and the impact of AI. Big debt stacks are making things worse.
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Photographer: Zula Rabikowska/BloombergWelcome to The Brink. I’m Giulia Morpurgo, a reporter in London, where I reported on the challenges facing PE-owned recruitment firms. We also have the latest on non-performing debt investor AFE SA and a look at South Korea’s struggling petrochemical industry. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
Recruiters across the globe have been under pressure as economic turmoil, wage inflation and AI all squeeze the job market. For some private equity-owned staffing firms in Europe, big debt stacks are making things worse.