Britain's vote to leave the European Union could deter corporate investment and create labour market shortages, the chief financial officer at Randstad , the world's second largest employment services company, said on Friday.Van de Kraats said Randstad was not taking any immediate steps in response to the referendum outcome, but might have to if the European economy takes a hit from Brexit.
“If this results in serious consequences we will do the same thing we did in 2009 and that means restructuring,” he said, referring to the year the company's sales plunged 27 percent due to the financial crisis. Companies looking to grow in Europe will opt for alternatives to Britain, due to heightened restrictions and limited employment mobility, he said. Randstad, with nearly 30,000 employees in 39 countries, trails leading competitor Adecco. Randstad had sales of slightly more than 19 billion euros last year.