Japan

Multi-sector recruiter Randstad has agreed to purchase a 10% stake in the share capital of Japanese recruiter Fujistaff for around £10.5m.

Vietnam

Multi-discipline recruiter Manpower has entered into a partnership with Vietnam’s Ministry of Labor, Invalids and Social Affairs (MOLISA) to jointly create employment opportunities and stimulate economic development in Vietnam.

Russia

Antal Russia has reported increasing demand for good sales and marketing professionals. Ekaterina Bakhareva, manager of the sales and marketing department at the firm, said: “There is a high demand for people who, in a crisis, can not only save budgets but optimise them.”

The Gulf

The Financial Times reports that financial institutions Morgan Stanley, Credit Suisse and Goldman Sachs have all cut around 10% of their regional staff, while government-owned offshore developer Nakheel has axed 15% of its workforce. The high-profile project, Trump Tower on Palm Island, is set to make 500 staff redundant.

US

The US Monster Employment Index fell by seven points in November, marking a 22% fall year-onyear.

Worldwide

Executive search firm Pedersen & Partners has opened offices in Johannesburg in South Africa, Yerevan in Armenia and Ulan Bator in Mongolia.