
“As we reflect on 2024, it is clear that this year will be remembered for the significant slowdown in hiring across the professional services industry, both in Europe and globally. The combination of elevated interest rates, ongoing political uncertainty, and the gradual easing of inflation has created a cautious business environment. Confidence has waned, resulting in some of the lowest attrition rates we’ve seen in years, with firms delaying investments and strategic hiring decisions as they await greater economic clarity.”
Ian Woodthorpe
Managing Director ACA CA(SA)