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There may also be further opportunities for the sector as companies look to reduce their cost base by outsourcing non-core functions. However, they will expect keener pricing, which could further reduce already tight margins.
As many companies increasingly reduce staff levels, the recruitment sector has inevitably felt the impact. This situation is unlikely to change in the short term, though there are opportunities to diversify into outplacement services. We believe the industry must look to reduce costs if they’re to maintain profitability.KPMG provides a broad spectrum of advice, both strategic and financial across the business services sector. Whether you’re looking to increase profitability, reduce costs or manage increasing regulatory burdens, our team can help you meet today’s challenges and benefit from tomorrow’s opportunities.
The third edition of Practice Made Perfect, a guide to assisting law firms in a period of rapid change, looks at the harmonisation of EU data protection regulation by discussing some of the key talking points of the proposed legalisation; explains why law firms must get to grips with financial management if they are to remain viable commercial entities and much more.
The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs provides a guide to the UK labour market, drawing on original survey data provided by recruitment consultancies.
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