Robert Half says revenues for first three weeks of January down 17% y/y

The company also states: “For the first four weeks in January, permanent placement revenues were down 25 percent compared to the same period in 2023. 2024 capital expenditures and capitalized cloud computing costs: $90 million to $110 million, with $15M to $20M in the first quarter. Protiviti’s first quarter segment income guidance includes the seasonal impact of annual staff promotions and compensation increases, all of which became fully effective on January 1. This produces a sequential decline in midpoint estimated segment margin of 6 percentage points, which is consistent with the 4-7 point decline experienced in most of the last 10 years.”