Workforce Holdings swings into a loss as Covid-19 hits job numbers
Employment services group says it is beginning to see a normalisation of demand for services
21 August 2020 - 07:40
UPDATED 21 August 2020 - 15:07
Employment services company Workforce Holdings swung into a loss in its half-year to end-June, as Covid-19 shuttered parts of the economy and reduced demand for staff.
Workforce, which provides staffing, outsourcing and training services, is more optimistic about its prospects in the rest of Africa, said CEO Ronny Katz, while the group also expected to benefit from its cost-cutting measures.
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