Market Uncertainty Driving Focus on Cost Savings and Workforce Optimisation in Europe

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Magnit’s Winter 2023 Europe Labour Market Report reveals key market trends that are creating a volatile landscape and driving organisations to adopt a cautionary approach

London, UK. (24 January 2023) – Magnit™, a global Integrated Workforce Management (IWM) Platform provider, today released its Winter 2023 Europe Labour Market Report. The report highlights the constant and diverse challenges facing the European labour market due to rising interest rates, the energy crisis, global supply chain shortages, record inflation and the continuation of the war in Ukraine. It also details how negotiating this tumultuous landscape is further complicated by an unusual mix of positive and negative data trends.

“To help organisations better understand and navigate the changing marketplace, Magnit analysed billions of data points to provide insight across multiple countries focusing on…

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