Actrade Financial Technologies, Ltd., a provider of financing, payment and processing solutions, has initiated a corporate downsizing program that has reduced its workforce by approximately 20%. Although the majority of the reductions were in Actrade’s sales force both in the US and overseas divisions, additional reductions were also made in administrative personnel.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.