23.08.2023
People Moves, EMEA H1 2023 – Equity
Throughout H1 2023 there has been caution in the air, with the broader economy already suffering the repercussions of high interest rates and an inflationary market. In such circumstances, it is common for companies to reduce costs by scaling back on recruitment, and we saw this with Global Investment Banks as they implemented hiring freezes after multiple rounds of layoffs.