SEEK Reports 20% Drop In Job Advertisements, Forecasts More Decline

SEEK Reports 20% Drop In Job Advertisements, Forecasts More Decline

AFP Australian recruitment website SEEK has reported a 20% drop in job advertisements, which has resulted in a 13% decline in its annual earnings — a reduction that intensified competition among jobseekers, as there were fewer roles available. The recruitment company’s stock price fell 8.5%, causing a loss of AU$600 million, as SEEK’s CEO, Ian … Read more