Staffline plummets after profit warning, Brexit hit to margins
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(Reuters) - Britain's Staffline lost more than half of its market value on Friday after a Brexit-led scramble by companies to secure workers for permanent positions hit the recruiter's margins and led it to cut its annual profit forecast. Staffline, which specialises in temporary blue-collar industrial recruitment, said temporary worker demand would be slack throughout 2019, adding that there had been a slowdown in new contracts in the current fiscal year.The company also attributed that..