PageGroup cuts 80 fee earners as UK recruitment stabilizes at 5.3% profit drop
PageGroup's Q2 2026 update shows the UK jobs market stabilising with a 5.3% gross profit decline, improved from Q1's 11.4% drop. The firm cut 80 fee earners and continues a £40M annual cost-saving drive. For HR leaders, the data signals ongoing hiring caution, a shift toward flexible workforce models, and pockets of strength in technology and executive roles.