Recruiter Ambition Group said deteriorating employment markets, especially in Britain and Asia where it has a greater exposure to the banking and finance sectors compared to Australia, mean it will struggle to meet its earlier guidance of $4 million profit before tax for the year ended December 31. It said it was responding to the downturn in recruitment by focusing on keeping costs down and diversifying revenues. In Australia, it would seek to generate more revenue from temporary and contract placements. Tracy Lee
