BANGALORE: The Indian recruitment arm of global firm Hays has decided to shut down operations partially in India. The London-headquarteredÂ recruitment and human service provider entered the country nearly six years ago. It opened its back office in NCR and its industry-specific hiring business in 2009.
“We have closed our specialist recruiting businesses in Mumbai and Delhi. We will continue to recruit in the Indian market for our global clients with specific requirements and this will be managed by experts from our other global offices,” said Chris Greaves, managing director for the Gulf region and India, in an email.
Greaves did not respond to queries on the number of employees retrenched and reasons for the decision. However, a former senior employee said the recruitment arm had been introduced in 2009, and has around 20 consultants working in the division.
“They had just created industry specific divisions because clients prefer to work with recruiters who know a particular sector. The business solution team is a back office that supports their global operations and employs a larger workforce,” said the ex-employee, who did not wish to be named.
The recruitment company, which began in 1867, operates out of 33 countries including Australia, US, China, Brazil, France, Denmark, UAE and France amongst others. Shutting down of ‘specialist recruitment business’, may not impact a large number of employees in the India operations. However, it indicates failure to implement a global strategy in the country.
Reports say the firm in 2003 had decided to stop all its non-core business like commercial and logistics operations and concentrate on the specialist recruitment business. “This is surprising as the Indian market is full of opportunities. But then for an MNC to work in junior and middle-level recruitments is a challenge because these segments are highly commoditised,” says the CEO of a recruitment firm who does not wish to be named. (Source:ET)
Hays is a leading global experts in qualified, professional and skilled recruitment. Last year experts placed around 55,000 people into permanent jobs and around 182,000 people into temporary assignments.