
Episode #5
Recruiting Alchemy Ep. 26: The Broken Economics of Contingent Staffing with Rory Gaston
Andy Simpson is joined by Rory Gaston, Group CEO and co-founder of Saragossa, the buy-side staffing and technology solutions business he built with Jimmy Lloyd after spinning out of Red Rock in 2015. Rory explains why success-fee contingent staffing creates what he calls perverse economics, why Saragossa almost never competes against other firms for the same role, and how the business grew from a niche hedge fund staffing boutique into a three-part technology solutions group spanning staffing, managed services and project delivery. The conversation also covers Saragossa's expansion from Bristol into Chicago and New York, and why Rory believes AI is pushing companies to hire more developers, not fewer. FIVE KEY MOMENTS 10:28 Meeting co-founder Jimmy Lloyd, and how their old boss backed both of them to spin Saragossa out of Red Rock in 2015. 19:42 The chess board origin of the Saragossa name, and using chess to win over sceptical hedge fund quants. 32:40 Why contingent staffing's success fee model creates perverse economics, and Saragossa's rule of never competing against other firms for the same role. 57:10 Rory's Jevons paradox take on AI: why Saragossa is hiring more developers, not fewer, and cutting ticket volume by 30% in its managed services arm. GUEST Rory Gaston, linkedin.com/in/rory-gaston-01539817 GUEST COMPANY Saragossa, linkedin.com/company/saragossa HOST Andy Simpson, linkedin.com/in/andyhsimpson HOST COMPANY, ryvr.ai https://ryvr.ai/ SPONSOR Recruiting Alchemy is sponsored by ryvr.ai. Produced by Vertical Drop.






