US Market News
4日前
Manpower Ranked No. 1 on Forbes' 2026 List of America's Best Temporary Staffing Firms, Named Among Top Five Professional Recruiting FirmsJune 4, 2026 9:31 AM
PR Newswire (US) This milestone marks the 10th consecutive year of recognition on Forbes' staffing and recruiting rankings.MILWAUKEE, June 4, 2026 /PRNewswire/ -- Manpower, a global leader in contingent staffing and part of the ManpowerGroup® (NYSE: MAN) family of brands, has been named the No. 1 Temporary Staffing Firm in the nation on Forbes' 2026 list of America's Best Temporary Staffing Firms. The independent ranking, developed in partnership with Statista, also placed Manpower among the nation's top five professional recruiting firms, marking the company's tenth consecutive year of recognition on Forbes' staffing and recruiting rankings. "This distinction is especially meaningful because it reflects the voices that matter most — our clients, candidates and peers," said Raj Namboothiry, Senior Vice President and Head of Manpower U.S. "Today, successful hiring requires a deep understanding of what motivates people and where they can thrive. Our teams bring that understanding to every client and candidate interaction."Manpower's reach spans more than 70 countries, connecting hundreds of thousands of organizations with skilled talent and helping millions of people find meaningful work each year. In the U.S., the brand combines data-driven recruiting with its PowerSuite® assessment platform and MyPath® skilling program to help both employers and job seekers navigate a labor market reshaped by technology and shifting demand.The 2026 rankings draw on feedback from approximately 13,800 recruiters, HR leaders, hiring managers and job candidates, generating more than 18,000 recommendations. Firms are ranked by the volume of recommendations received from peers, clients and candidates. Companies do not pay to participate or be selected. The full rankings are available at forbes.com.For more information about Manpower and its staffing solutions, visit manpower.com.ABOUT MANPOWER
Manpower® is a global leader in contingent staffing and permanent resourcing, providing companies with strategic and operational flexibility and creating talent at scale. Our talent agents and specialized recruiters leverage data-driven insights to assess, guide and place people into meaningful, sustainable employment, and our PowerSuite® tech platform enables assessment and matching to predict performance potential. Our Manpower MyPath® skilling program provides rapid skills development at scale with on-the-job training, market-based certifications, and coaching for roles in growth sectors. In this constantly shifting world, our flexible workforce solutions provide companies with the business agility needed to succeed. Manpower is part of the ManpowerGroup® (NYSE: MAN) family of brands, which also includes Experis and Talent Solutions.For more information about Manpower, visit www.manpower.com or follow us on LinkedIn.ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time; all confirming our position as the brand of choice for in-demand talent.For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky. View original content to download multimedia:https://www.prnewswire.com/news-releases/manpower-ranked-no-1-on-forbes-2026-list-of-americas-best-temporary-staffing-firms-named-among-top-five-professional-recruiting-firms-302791231.htmlSOURCE ManpowerGroup Original: Manpower Ranked No. 1 on Forbes' 2026 List of America's Best Temporary Staffing Firms, Named Among Top Five Professional Recruiting Firms
US Market News
2週前
Experis Unveils Global Brand Refresh Centered on "Human Ingenuity"May 27, 2026 9:31 AM
PR Newswire (US) As organizations struggle to turn AI investment into results, Experis advances its evolution as a global technology services leader built on the power of specialized talent and human expertiseMILWAUKEE, May 27, 2026 /PRNewswire/ -- Experis, part of the ManpowerGroup (NYSE: MAN) family of brands, today announced a global brand refresh built around a clear and differentiated market position: only Experis brings together specialized talent, technology services, and delivery expertise to help organizations turn innovation into measurable business outcomes.Anchored in the idea that it takes Human Ingenuity to unlock the power of technology, the refreshed identity brings this positioning to life with a more confident, contemporary, and human-centered expression of the Experis brand. The core logo has been refined rather than reinvented, preserving brand equity while signaling a clear step forward. The evolution also reinforces Experis' new descriptor, A Global Leader in Technology Services, marking a deliberate shift from IT staffing provider to technology services leader.The timing is deliberate. Organizations everywhere are investing heavily in AI and digital transformation, and the technology alone is not delivering the outcomes they need. What's missing is the human expertise to make it work."That gap is exactly where Experis lives," said Kye Mitchell, President, Experis U.S. "Every client we work with is trying to close the distance between the technology they've invested in and the outcomes they need. We close that gap, with the right talent, the right services, and the right expertise. That's 'Human Ingenuity' in practice.""The technology market is moving faster than at any point in our history, and the organizations that win will be those that can marry technical infrastructure with human capability at a global scale," Experis Europe Brand Leader James Hallahan said. "That is exactly what Experis is built to do. This brand refresh gives us clarity, clearer language for what we do, a sharper position in a crowded market, and a brand that finally reflects the work we have been doing every day."For clients, Human Ingenuity comes to life through Experis' enterprise AI services suite, which helps organizations move from AI experimentation to enterprise execution through specialized AI talent, governance-first delivery, and strategic technology partnerships. It is how Experis helps clients build and run AI solutions that produce real outcomes, not just pilots.For technology professionals, Experis is introducing Say HI, the talent-facing expression of Human Ingenuity. Say HI is an invitation to bring skills, judgment, and ambition to organizations and challenges where they can make the greatest impact. It positions Experis as a career partner, not a transaction.The refreshed brand launches globally today across Experis' digital and social channels. Rollout continues across all regional touchpoints throughout 2026.ABOUT EXPERIS Experis®, a global leader in technology services, provides the experience and expertise to shorten the distance between innovation and business impact in a digital world. Experis is guided by the principle that only Human Ingenuity can unlock the true potential of advanced technologies like AI. For clients, Experis offers the right mix of talent and technology to accelerate progress and deliver real-world results. For individuals, Experis has the insight, size, and scale to help tech professionals expand their skills, increase their value, and find the right opportunities. By matching talent to technology in transformative ways, Experis creates brighter futures for everyone. Experis is part of the ManpowerGroup® (NYSE: MAN) family of brands, which also includes Manpower and Talent Solutions. For more information, visit www.experis.com, or follow us on LinkedIn. ABOUT MANPOWERGROUP ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time; all confirming our position as the brand of choice for in-demand talent.For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky. View original content to download multimedia:https://www.prnewswire.com/news-releases/experis-unveils-global-brand-refresh-centered-on-human-ingenuity-302783126.htmlSOURCE ManpowerGroup Original: Experis Unveils Global Brand Refresh Centered on "Human Ingenuity"
US Market News
1月前
ManpowerGroup Declares $0.72 DividendMay 8, 2026 4:15 PM
PR Newswire (US) MILWAUKEE, May 8, 2026 /PRNewswire/ -- The Board of Directors of ManpowerGroup (NYSE: MAN) has declared a semi-annual dividend of $0.72 per share, payable on June 15, 2026 to shareholders of record as of the close of business on June 1, 2026.Additional financial information about ManpowerGroup, including stock history and annual shareholder reports, can be found at http://investor.manpowergroup.com.ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time – all confirming our position as the brand of choice for in-demand talent. View original content to download multimedia:https://www.prnewswire.com/news-releases/manpowergroup-declares-0-72-dividend-302767295.htmlSOURCE ManpowerGroup Original: ManpowerGroup Declares $0.72 Dividend
US Market News
1月前
ManpowerGroup Announces Sale of Jefferson Wells U.S. to SikichApril 30, 2026 1:00 PM
PR Newswire (US)
MILWAUKEE, April 30, 2026 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today announced the sale of its Jefferson Wells U.S. business to Sikich for a transaction value of $100 million.Across the U.S., Jefferson Wells delivers solutions in risk & compliance, finance & accounting, and tax – across a diverse range of industries, including to public and highly regulated companies – through project consulting, integrated resourcing and executive search. In 2025 Jefferson Wells U.S. revenues were $76 million."This transaction is a great outcome for our clients and shareholders as we continue to refine the portfolio to prioritize investments as part of our ongoing transformation," Jonas Prising, ManpowerGroup Chair & CEO, said. "As we move forward, we are focused on our core business—growing our Manpower, Experis, and Talent Solutions brands, while continuing to connect people to sustainable work and support clients in building the skilled workforces they need to succeed."The transaction closed on April 30th, 2026, and will result in a gain on sale to be recognized by ManpowerGroup in the second quarter. ManpowerGroup will receive net cash proceeds at closing of approximately $88 million after working capital and other items. ManpowerGroup plans to use transaction proceeds to strengthen its balance sheet as it continues to invest for sustainable long-term growth.Sikich is a professional services firm offering consulting, technology and compliance to the public and private sectors."This acquisition enhances existing capabilities across our business, including deep expertise in risk and compliance, finance and accounting, and tax, making Jefferson Wells an ideal fit as we continue to scale," said Sikich Chairman & Chief Executive Officer Christopher Geier. "Both teams share a conviction of a people first culture and the belief that clients deserve practical, actionable solutions delivered at the highest level of quality."ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time – all confirming our position as the brand of choice for in-demand talent.For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.
View original content to download multimedia:https://www.prnewswire.com/news-releases/manpowergroup-announces-sale-of-jefferson-wells-us-to-sikich-302759192.htmlSOURCE ManpowerGroup
Original: ManpowerGroup Announces Sale of Jefferson Wells U.S. to Sikich
US Market News
1月前
Sikich Acquires Jefferson Wells U.S.April 30, 2026 1:06 PM
Business Wire
Sikich, a professional services company specializing in consulting, technology and compliance today announced it has acquired Milwaukee-based Jefferson Wells and their 300+ employees in the U.S. from ManpowerGroup (NYSE: MAN). Jefferson Wells delivers solutions in risk & compliance, finance & accounting, and tax – across a diverse range of industries, including to public and highly regulated companies – through project consulting, integrated resourcing and executive search.
With over 30 years of operating history in the United States, Jefferson Wells brings a well-established reputation across key sectors including financial services, technology, and energy. This acquisition complements and strengthens Sikich's existing presence in healthcare, life sciences, and manufacturing and distribution. In 2025, Jefferson Wells generated U.S. revenues of $76 million. The transaction was valued at $100 million, with net cash proceeds at closing of approximately $89 million after working capital adjustments and other items.
“This acquisition enhances existing capabilities across our business, including deep expertise in risk and compliance, finance and accounting, and tax, making Jefferson Wells an ideal fit as we continue to scale,” said Sikich Chairman & Chief Executive Officer Christopher Geier. “Both teams share a conviction of a people first culture and the belief that clients deserve practical, actionable solutions delivered at the highest level of quality.”
“We are delighted to see Jefferson Wells U.S. join Sikich, where there is strong alignment in capabilities, culture, and growth ambition”, added Ger Doyle, North America region president, ManpowerGroup. “This creates exciting opportunities for the business and its people. My sincere thanks to the teams on both sides for their hard work and professionalism in bringing this together. As we move forward, we are energized to focus on our core business and continue delivering value for our clients and candidates across North America.”
The transaction closed on April 30.
About Sikich
Sikich offers the public and private sectors a diverse platform of professional services across consulting, technology and compliance. Highly specialized and hands-on teams deliver integrated solutions rooted in deep industry experience. Our approach is strategically and thoughtfully designed to help our clients, teams and communities accelerate success.
Sikich has approximately 2,000 team members and operates across North America, EMEA and APAC.
Sikich practices in an alternative practice structure in accordance with the AICPA Professional Code of Conduct and applicable law, regulations, and professional standards. Sikich CPA LLC is a licensed CPA firm that provides audit and attest services to its clients, and Sikich LLC and its subsidiaries provide tax and business advisory services to its clients. Sikich CPA LLC has a contractual arrangement with Sikich LLC under which Sikich LLC supports Sikich CPA LLC’s performance of its professional services. Sikich LLC and its subsidiaries are not licensed CPA firms.
“Sikich” is the brand name under which Sikich CPA LLC and Sikich LLC provide professional services. The entities under the Sikich brand are independently owned and are not liable for the services provided by any other entity providing services under the Sikich brand. The use of the terms “our company”, “we” and “us” and other similar terms denote the alternative practice structure of Sikich CPA LLC and Sikich LLC.
About ManpowerGroup
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time – all confirming our position as the brand of choice for in-demand talent. For more information, visit www.manpowergroup.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260430968703/en/
Media Contacts:
Stefanie Murphy
Senior Director, Corporate Communications
(331) 702-8964
stefanie.murphy@sikich.com
Original: Sikich Acquires Jefferson Wells U.S.
US Market News
2月前
ManpowerGroup Reports 1st Quarter 2026 ResultsApril 16, 2026 7:30 AM
PR Newswire (US)
Launched expanded global strategic transformation program, now expected to deliver $200 million in permanent cost savings in 2028Revenues of $4.5 billion (10% as reported, 3% constant currency)Strong demand in Asia Pacific and Latin America and in select European countries. France continued sequential improvement to achieve a flat revenue trend year over yearManpower had strong growth in the quarter. Experis impacted by soft professional demand, with stable underlying activity. Talent Solutions headwinds continue, driven by tempered permanent hiring, with rate of decline narrowing over last two quartersSG&A down year over year in constant currency reflecting strong cost managementMILWAUKEE, April 16, 2026 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported net earnings of $0.05 per diluted share for the three months ended March 31, 2026 compared to net earnings of $0.12 per diluted share in the prior year period. Net earnings in the quarter were $2.5 million compared to net earnings of $5.6 million a year earlier. Revenues for the first quarter were $4.5 billion, a 10% increase from the prior year period.The current year quarter included restructuring costs and strategic transformation program costs which reduced earnings per share by $0.46 in the first quarter. Excluding these charges, earnings per share was $0.51 per diluted share in the quarter representing an increase of 3% in constant currency which incorporates a higher tax rate in the first quarter of 2026.1Financial results in the quarter were also impacted by the U.S. dollar relative to foreign currencies compared to the prior year period. On a constant currency basis, revenues increased 3% compared to the prior year period.Jonas Prising, ManpowerGroup Chair & CEO, said, "We delivered solid performance in the quarter driven by disciplined execution and stabilization in demand trends across key markets. This marks five consecutive quarters of year over year revenue trend improvement. We grew our pipeline, saw continued momentum across the portfolio within our Manpower brand, and enhanced operating leverage through reductions in SG&A. Building on this progress and our ongoing transformational efforts, we are taking proactive steps to ensure we are positioned to succeed in any operating environment. This includes launching a strategic transformation program that is intended to not only improve our cost and margin profile, yet also enable ManpowerGroup to gain market share and deliver best-in-class client service. Further, we continue to make significant progress in advancing our AI strategy, including improving the candidate and client experience and bringing new products to market to enhance our competitive position and drive long-term value creation."We anticipate diluted earnings per share in the second quarter will be between $0.91 and $1.01, which includes an estimated favorable currency impact of 5 cents and a 43% effective tax rate."In conjunction with its first quarter earnings release, ManpowerGroup will broadcast its conference call live over the Internet on April 16, 2026 at 7:30 a.m. Central time (8:30 a.m. Eastern time). Prepared remarks for the conference call, webcast details, presentation and recordings are included within the Investor Relations section of manpowergroup.com.Supplemental financial information referenced in the conference call can be found at http://investor.manpowergroup.com/.
1 The prior year period included various adjustments which reduced earnings per share by $0.32 in the first quarter which are also excluded when determining the year over year adjusted trend.About ManpowerGroupManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time – all confirming our position as the brand of choice for in-demand talent. For more information, visit www.manpowergroup.com.Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, including statements regarding trends in labor demand and the future strengthening of such demand, the Company's financial outlook, and the Company's strategic initiatives and technology investments, including our ability to increase market share and the acceleration of transformation initiatives to remove structural costs from the organization to drive efficiencies, which are subject to risks and uncertainties. The Company's actual results may differ materially from those described or contemplated in the forward-looking statements due to numerous factors. These factors include those found in the Company's reports filed with the SEC, including the information under the heading "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2025, which information is incorporated herein by reference.We caution that any forward-looking statement reflects only our belief at the time the statement is made. The Company assumes no obligation to update or revise any forward-looking statements. We reference certain non-GAAP financial measures, which we believe provide useful information for investors. We include a reconciliation of these measures, where appropriate, to GAAP on the Investor Relations section of our website at manpowergroup.com. ManpowerGroupResults of Operations(In millions, except per share data)
Three Months Ended March 31
% Variance
Amount
Constant
2026
2025
Reported
Currency
(Unaudited)
Revenues from services (a)
$4,510.4
$4,090.3
10.3%
2.9%Cost of services
3,787.4
3,392.0
11.7%
4.1% Gross profit
723.0
698.3
3.5%
-2.8%Selling and administrative expenses
694.7
670.1
3.7%
-2.2% Operating profit
28.3
28.2
0.5%
-17.8%Interest and other expenses, net
12.9
11.5
13.3%
Earnings before income taxes
15.4
16.7
-8.3%
-27.5%Provision for income taxes
12.9
11.1
15.1%
Net earnings
$2.5
$5.6
-55.4%
-64.7%Net earnings per share - basic
$0.05
$0.12
-55.2%
Net earnings per share - diluted
$0.05
$0.12
-55.2%
-64.6%Weighted average shares - basic
46.7
46.8
-0.3%
Weighted average shares - diluted
47.1
47.3
-0.4%
(a)Revenues from services include fees received from our franchise offices of $3.8 million for both the three months ended March 31, 2026 and 2025, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $454.3 million and $418.4 million for the three months ended March 31, 2026 and 2025, respectively. ManpowerGroupOperating Unit Results(In millions)
Three Months Ended March 31
% Variance
Amount
Constant
2026
2025
Reported
Currency
(Unaudited)
Revenues from Services:
Americas:
United States (a)
$654.9
$688.8
-4.9%
-4.9% Other Americas
460.7
367.9
25.2%
19.4%
1,115.6
1,056.7
5.6%
3.5% Southern Europe:
France
1,068.6
965.7
10.7%
-0.3% Italy
474.7
397.8
19.3%
7.5% Other Southern Europe
558.0
470.5
18.6%
6.1%
2,101.3
1,834.0
14.6%
3.0% Northern Europe
790.1
730.8
8.1%
-1.8% APME
510.5
476.4
7.1%
8.1%
4,517.5
4,097.9
Intercompany Eliminations
(7.1)
(7.6)
$4,510.4
$4,090.3
10.3%
2.9%Operating Unit Profit (Loss):
Americas:
United States
$2.1
$11.3
-81.9%
-81.9% Other Americas
17.0
14.2
20.9%
14.4%
19.1
25.5
-24.9%
-28.5% Southern Europe:
France
17.1
21.0
-18.5%
-25.1% Italy
28.7
24.6
16.6%
5.5% Other Southern Europe
8.4
4.6
83.1%
63.8%
54.2
50.2
8.0%
-2.0% Northern Europe
(8.2)
(18.3)
55.5%
62.8% APME
21.7
20.0
7.7%
11.4%
86.8
77.4
Corporate expenses
(51.5)
(41.1)
Intangible asset amortization expense
(7.0)
(8.1)
Operating profit
28.3
28.2
0.5%
-17.8%Interest and other expenses, net (b)
(12.9)
(11.5)
Earnings before income taxes
$15.4
$16.7
(a)In the United States, revenues from services include fees received from our franchise offices of $2.4 million and $2.2 million for the three months ended March 31, 2026 and 2025, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $78.4 million and $76.9 million for the three months ended March 31, 2026 and 2025, respectively.(b)The components of interest and other expenses, net were:
2026
2025
Interest expense
$25.7
$22.5
Interest income
(6.1)
(6.9)
Foreign exchange loss
0.6
0.9
Miscellaneous income, net
(7.3)
(5.0)
$12.9
$11.5
ManpowerGroupConsolidated Balance Sheets(In millions)
March 31,
December 31,
2026
2025
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents
$224.9
$871.0
Accounts receivable, net
4,628.2
4,770.3
Prepaid expenses and other assets
209.7
149.1
Total current assets
5,062.8
5,790.4
Other assets:
Goodwill
1,539.4
1,544.6
Intangible assets, net
422.9
430.1
Operating lease right-of-use assets
373.9
392.7
Other assets
874.1
879.1
Total other assets
3,210.3
3,246.5
Property and equipment:
Land, buildings, leasehold improvements and equipment
523.2
526.9
Less: accumulated depreciation and amortization
405.0
403.7
Net property and equipment
118.2
123.2
Total assets
$8,391.3
$9,160.1
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable
$2,558.8
$2,721.1
Employee compensation payable
199.4
232.3
Accrued payroll taxes and insurance
654.1
672.1
Accrued liabilities
484.9
457.6
Value added taxes payable
388.4
418.1
Short-term operating lease liability
104.6
107.4
Short-term borrowings and current maturities of long-term debt
112.4
625.0
Total current liabilities
4,502.6
5,233.6
Other liabilities:
Long-term debt
1,034.3
1,052.1
Long-term operating lease liability
287.6
304.3
Other long-term liabilities
501.3
509.8
Total other liabilities
1,823.2
1,866.2
Shareholders' equity:
ManpowerGroup shareholders' equity
Common stock
1.2
1.2
Capital in excess of par value
3,577.4
3,572.5
Retained earnings
3,734.8
3,732.3
Accumulated other comprehensive loss
(412.1)
(412.1)
Treasury stock, at cost
(4,836.3)
(4,834.3)
Total ManpowerGroup shareholders' equity
2,065.0
2,059.6
Noncontrolling interests
0.5
0.7
Total shareholders' equity
2,065.5
2,060.3
Total liabilities and shareholders' equity
$8,391.3
$9,160.1
ManpowerGroupConsolidated Statements of Cash Flows(In millions)
Three months ended
March 31,
2026
2025
(Unaudited)
Cash Flows from Operating Activities:
Net earnings
$2.5
$5.6
Adjustments to reconcile net earnings to net cash used in operating activities:
Depreciation and amortization
20.2
21.2
Deferred income taxes
6.1
7.3
Provision for credit losses
2.5
1.5
Share-based compensation
6.0
7.6
Changes in operating assets and liabilities:
Accounts receivable
92.2
245.1
Other assets
(73.5)
(34.9)
Accounts payable
(141.0)
(265.1)
Other liabilities
(41.3)
(141.5)
Cash used in operating activities
(126.3)
(153.2)
Cash Flows from Investing Activities:
Capital expenditures
(9.0)
(13.7)
Acquisition of businesses, net of cash acquired
—
(1.0)
Proceeds from the sale of property and equipment
0.3
0.1
Cash used in investing activities
(8.7)
(14.6)
Cash Flows from Financing Activities:
Net change in short-term borrowings
24.0
50.7
Net proceeds from revolving debt facility
50.0
26.0
Proceeds from long-term debt
0.1
—
Repayments of long-term debt
(582.3)
(0.1)
Taxes paid related to net share settlement
(2.7)
(5.9)
Repurchases of common stock and excise tax
(0.3)
(25.0)
Cash (used in) provided by financing activities
(511.2)
45.7
Effect of exchange rate changes on cash
0.1
7.7
Change in cash and cash equivalents
(646.1)
(114.4)
Cash and cash equivalents, beginning of period
871.0
509.4
Cash and cash equivalents, end of period
$224.9
$395.0
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Original: ManpowerGroup Reports 1st Quarter 2026 Results
US Market News
2月前
ManpowerGroup to Announce 1st Quarter 2026 Earnings ResultsApril 1, 2026 9:01 AM
PR Newswire (US)
MILWAUKEE, April 1, 2026 /PRNewswire/ -- ManpowerGroup (NYSE: MAN), the world leader in innovative workforce solutions, today announced that it plans to release 1st quarter earnings results before the market opens on Thursday, April 16, 2026. Management will discuss the results the same day in a live webcast at 7:30 a.m. Central Time (8:30 a.m. Eastern Time), which can be accessed on the company's website.The webcast will be available for replay at the same URL beginning at 10:30 a.m. Central Time (11:30 a.m. Eastern Time) on April 16, 2026. The replay will remain available for 30 days in this location. Supplemental financial information referenced in the webcast and the text of the 1st quarter press release can be found on the company's website, in the sections titled "Financial Measures" and "News & Events," after 7:30 a.m. Central Time on April 16, 2026.ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2025 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time – all confirming our position as the brand of choice for in-demand talent.
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Original: ManpowerGroup to Announce 1st Quarter 2026 Earnings Results
US Market News
2月前
As AI Skills Become the Hardest to Find, ManpowerGroup Launches 2026 VivaTech Startup Challenge: "Human First, Digital Always"March 24, 2026 9:32 AM
PR Newswire (US)
New global challenge invites startups to develop AI-powered workforce solutions that put people in controlMILWAUKEE, March 24, 2026 /PRNewswire/ -- As organizations race to deploy artificial intelligence, and as demand for workers with AI skills has overtaken engineering and traditional IT, a more fundamental question is emerging: who is this technology really serving?
To help answer that question, ManpowerGroup has launched its 2026 VivaTech Startup Challenge, "Human First, Digital Always: Redefining the Future of Work." This year's challenge calls on the world's most innovative startups to build AI-powered solutions that give organizations speed and scale without leaving people behind."The innovation that will truly reshape work is rarely sitting in plain sight; you have to go find it. In a period of disruption this intense, startups are where the most agile, ground-breaking thinking is happening. That's why this challenge matters: it brings their speed and ingenuity together with ManpowerGroup's deep, long-standing understanding of what clients and candidates actually need," said Valerie Beaulieu-James, Chief Growth & Innovation Officer at ManpowerGroup. "And we're excited to partner with the builders, established and emerging, who will join us in creating a human first, digital always future of work. That's the innovation we're proud to incubate."According to ManpowerGroup's 2026 Talent Shortage Survey, drawing from 39,000 employers across 41 countries, 72% of employers report difficulty filling roles, with demand for AI capabilities now outpacing engineering and traditional IT skills for the first time. For ManpowerGroup, which places people in roles across 70+ countries every day, that shift isn't theoretical. The winners will be those who deploy AI in ways that empower people, not replace them.ManpowerGroup will bring this human-first approach to AI innovation to the global stage at VivaTech in Paris."Technology and innovation are central to how ManpowerGroup creates long-term value for clients, candidates, and society. France has established itself as a cornerstone of our innovation ecosystem, where advanced technology, entrepreneurial energy, and talent expertise come together. VivaTech embodies this dynamic and reinforces our belief that the future of work is built at the intersection of human potential and digital intelligence," Riccardo Barberis, President Northern Region and France at ManpowerGroup, said.The Challenge: "Human First, Digital Always"
This year's challenge is organized around a single conviction: AI and humans are not in competition; they are in collaboration. ManpowerGroup has identified two areas where that collaboration can transform the future of work:Challenge 1: Agentic AI for Workforce Delivery at Scale
Organizations need to fill roles fast, yet workforce delivery still depends on human availability, multiple vendors, and time-consuming coordination. This challenge asks: how can agentic AI add speed and scale, particularly when a temporary assignment ends and redeployment is critical? ManpowerGroup is looking for solutions where AI does the heavy lifting and humans make the calls that count.Challenge 2: Skills as Currency, People in Control
AI has the potential to reshape jobs at scale and people need to see where their skills fit and feel ownership of their careers. This challenge asks: how do we put workers in the driver's seat as technology evolves? ManpowerGroup is seeking AI solutions that make skills visible, portable, and actionable, building skills that travel with people, not locked to a job title or a single employer.What Winning Startups Receive
Selected finalists and winners will gain access to opportunities designed to accelerate their growth and market reach:Proof of Concept: Collaborate with ManpowerGroup to develop and pilot a solution within one of our global markets.Pitch Studio at VivaTech: Present live to an audience of global business and technology leaders at Europe's premier innovation event.Client Access: Join a ManpowerGroup-hosted client event and connect directly with enterprise decision-makers.Global Visibility: Present to ManpowerGroup stakeholders worldwide and meet our Chief Growth and Innovation Officer.Selection Criteria
Submissions will be evaluated across five dimensions:Future of Work Impact: Clear value proposition for human-first, AI-powered workforce transformation.Innovation & Differentiation: Original solution with a strong innovation edge and defensible approach.Scalability Potential: Ability to scale globally across markets, industries, and workforce segments.Team and Vision: Committed team with a clear long-term vision and execution capability.Market Traction: Demonstrated adoption, customer validation, or strong product-market fit.Timeline
Applications will be accepted through April 13, 2026. Finalists will be announced on May 4 and will pitch live on the VivaTech Pitch Studio in Paris on June 17, 2026.Apply now and join ManpowerGroup at VivaTech 2026: vivatechnology.com/challenges/manpower-group-2026ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time – all confirming our position as the brand of choice for in-demand talent.For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.
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Original: As AI Skills Become the Hardest to Find, ManpowerGroup Launches 2026 VivaTech Startup Challenge: "Human First, Digital Always"
US Market News
3月前
Global Tech Hiring Remains Strong as U.S. Outlook Shows Measured Q2 ImprovementMarch 19, 2026 9:33 AM
PR Newswire (US)
Latest Experis Tech Talent Outlook shows sustained demand for specialized tech skills, with U.S. hiring plans stabilizing after recent moderationMILWAUKEE, March 19, 2026 /PRNewswire/ -- Tech hiring in the United States is stabilizing after a period of moderation, with employers reporting a Q2 2026 Net Employment Outlook (NEO) of 41%, an eight-point increase from the prior quarter, according to the latest Tech Talent Outlook from Experis, part of the ManpowerGroup family of brands. The improvement suggests growing employer confidence as technology investments continue across industries, though the U.S. outlook remains five points below year-ago levels.
The data for the second quarter was collected between January 1 and February 3, 2026, prior to geopolitical developments that began across the Middle East in late February. The findings reflect employer sentiment at the time of data collection and may not capture the potential impact of subsequent events.Globally, the picture is stronger. Tech employers worldwide report a Q2 NEO of 45%, up four points from the previous quarter and nine points year-over-year, reflecting sustained demand for tech talent. The U.S. outlook trails the global average, consistent with other mature tech economies where precision hiring has replaced broad-based expansion.At the same time, skills shortages remain a constraint on both sides of this picture. Seventy-three percent of tech employers globally report difficulty finding the skilled talent they need, a slight improvement from 76% a year ago, while 74% of U.S. employers report challenges filling tech roles. The most acute gaps are in artificial intelligence capabilities alongside core human skills such as professionalism and work ethic."Across the global tech economy, demand for specialized talent remains high, but the nature of hiring has fundamentally changed," said Kye Mitchell, President of Experis U.S. "Employers are moving away from broad-based expansion and toward a more deliberate, skills-first approach. In the U.S., the quarter-over-quarter improvement suggests stabilization, while organizations continue focusing on securing specialized expertise, particularly in AI, and strengthening the human capabilities that support long-term business performance."To address ongoing talent scarcity, employers are adopting a mix of workforce strategies. Globally, the most common actions include:Upskilling and reskilling current employees (30%)Offering more work location flexibility (24%)Increasing wages (22%)Targeting new and underrepresented talent pools (22%)Offering more schedule flexibility (21%)U.S. employers report similar priorities:Upskilling and reskilling current employees (29%)Increasing wages (28%)Targeting new and underrepresented talent pools (28%)Offering more schedule flexibility (23%)AI or automation to reduce staffing needs (22%)Regional Highlights
Tech hiring expectations vary significantly across geographies, with high-growth markets continuing to outpace more established tech economies.Asia Pacific leads global tech hiring confidence.India reports the strongest outlook worldwide at 69%, reflecting robust demand for AI and digital transformation talent.Vietnam, participating in the survey for the first time this quarter, reports an NEO of 49%.Australia (37%) reflects more moderate intentions within the region.The Americas show broad-based improvement.Brazil leads with an NEO of 63%, followed by Panama (61%) and Canada (45%).Colombia (13%) reflects more cautious employer sentiment, underscoring the uneven pace of tech hiring recovery across the region.Europe and the Middle East presents a mixed picture.The United Arab Emirates leads the region at 69%, followed by Portugal (50%) and the Netherlands (48%).At the other end, Romania (3%) and Switzerland (8%) report the weakest outlooks globally, reflecting continued caution in parts of Central and Eastern Europe amid broader economic uncertainty.For tech professionals with in-demand expertise, opportunities remain strong across markets. Employers are increasingly prioritizing candidates with specialized capabilities in AI, cloud and data, alongside the human skills needed to collaborate, adapt and deliver business impact in rapidly evolving digital environments.To view the full Q2 2026 Experis Tech Talent Outlook, including detailed global and U.S. findings, visit www.experis.com/en/tech-talent-outlook.The next report, covering Q3 2026 hiring expectations, will be released in June 2026.ABOUT THE SURVEY
This research is based on results from the ManpowerGroup Employment Outlook Survey — the longest running, most comprehensive, forward-looking employment survey of its kind, used globally as a key labor market indicator. ManpowerGroup interviewed 4,655 Tech & IT Services employers across 42 countries on hiring intentions for the second quarter of 2026.SURVEY METHODOLOGY
Survey responses were collected from January 1 to February 3, 2026. Size of organization and sector are standardized across all countries and territories to allow international comparisons.ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time – all confirming our position as the brand of choice for in-demand talent.For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.ABOUT EXPERIS
Experis®, a global leader in technology services, provides the experience and expertise to shorten the distance between innovation and business impact in a digital world. Experis is guided by the principle that only human ingenuity can unlock the true potential of advanced technologies like AI. For clients, Experis offers the right mix of talent and technology to accelerate progress and deliver real-world results. For individuals, Experis has the insight, size, and scale to help tech professionals expand their skills, increase their value, and find the right opportunities. By matching talent to technology in transformative ways, Experis creates brighter futures for everyone. Experis is part of the ManpowerGroup® (NYSE: MAN) family of brands, which also includes Manpower and Talent Solutions.For more information, visit www.experis.com or follow us on LinkedIn.FORWARD-LOOKING STATEMENTS
This report contains forward-looking statements, including statements regarding labor demand in certain regions, countries and industries, and economic uncertainty. Actual events or results may differ materially from those contained in the forward-looking statements, due to risks, uncertainties and assumptions. These factors include those found in the Company's reports filed with the U.S. Securities and Exchange Commission (SEC), including the information under the heading "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2025, whose information is incorporated herein by reference. ManpowerGroup disclaims any obligation to update any forward-looking or other statements in this release, except as required by law.
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Original: Global Tech Hiring Remains Strong as U.S. Outlook Shows Measured Q2 Improvement
US Market News
3月前
ManpowerGroup Named One of the World's Most Ethical Companies for the 17th TimeMarch 18, 2026 9:31 AM
PR Newswire (US)
Global workforce solutions leader recognized for advancing ethical business practices while helping organizations and individuals navigate unprecedented workplace transformationMILWAUKEE, March 18, 2026 /PRNewswire/ -- ManpowerGroup announced today that it once again has been recognized as one of the World's Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This marks the 17th time ManpowerGroup has received the distinction, making it the most recognized company in the Staffing & Outsourcing Services industry.
"At a time when the world of work is undergoing its most profound transformation in generations, this recognition reflects our commitment to ensuring progress remains human-centered, guided by sound judgment and a strong, values-based foundation," said Jonas Prising, ManpowerGroup Chair & CEO. "As AI reshapes industries and the skills required for tomorrow's jobs evolve rapidly, our responsibility is clear: to help build a future of work that expands opportunity, strengthens resilience, and preserves the dignity of work.""Ethics shows up in the moments that matter," Ruth Harper, ManpowerGroup Chief Marketing and Sustainability Officer, said. "When someone trusts us with their next job - or when a client trusts us with their workforce decisions - we protect their data, we use AI responsibly, and we provide fair and ethical talent practices. Thank you to our teams around the world for earning us this recognition again.""Congratulations to ManpowerGroup for achieving recognition as one of the World's Most Ethical Companies®. As we mark the 20th class of honorees, this group continues to raise the bar for business integrity by embedding ethics into everyday decision-making and long-term strategy. Companies with strong ethics, compliance, and governance programs are built for better long-term performance," said Erica Salmon Byrne, Ethisphere's Chief Strategy Officer and Executive Chair.The World's Most Ethical Companies® assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide 240+ documented proof points on practices that support robust ethics and compliance, including: corporate governance; program structure & resourcing; written standards; training, awareness, & communication; risk assessment & auditing; investigations, enforcement, discipline & incentives; measurement of ethical culture; third-party risk management, and environmental & social impact. That data undergoes further qualitative analysis by a panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify best-in-class ethics and compliance practices from organizations across industries and from around the world.In 2026, 138 honorees were recognized spanning 17 countries and 40 industries. To view the full list of this year's World's Most Ethical Companies® and methodology, visit: worldsmostethicalcompanies.com/honorees.ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time – all confirming our position as the brand of choice for in-demand talent.For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.ABOUT ETHISPHERE
Ethisphere is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, and deliver business success. Companies turn ethics, compliance, and culture into a business advantage by leveraging Ethisphere's data-driven program & culture assessments featuring the latest guidance and the practices of hundreds of global organizations across the 8 pillars of an ethical culture, and 240+ ethics, compliance, social, and governance data points delivered through a proprietary software platform. Ethisphere also honors superior integrity programs through World's Most Ethical Companies® recognition, brings together a community of industry experts with the Business Ethics Leadership Alliance (BELA), and advances ethical business practices through the Global Ethics Summit, Ethisphere Magazine, and the Ethicast podcast. For more information, visit https://ethisphere.com.
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Original: ManpowerGroup Named One of the World's Most Ethical Companies for the 17th Time
US Market News
3月前
Experis Launches AI Services Suite, Partnering with SoundHound AI to Help Enterprises Put Humans and Agents to Work TogetherMarch 17, 2026 9:32 AM
PR Newswire (US)
New EXCELERATE AI portfolio marks Experis' expansion into building, implementing, and managing enterprise AI agents, with SoundHound AI as its conversational AI technology partner in the U.S.MILWAUKEE, March 17, 2026 /PRNewswire/ -- Experis, a global leader in technology services and part of the ManpowerGroup (NYSE: MAN) family of brands, today announced the launch of EXCELERATE AI; a new enterprise AI agent services portfolio designed to help organizations build, implement, and orchestrate AI agents at scale. To accelerate the portfolio's capabilities, Experis has named SoundHound AI, Inc., a globally recognized leader in agentic and conversational AI, as its conversational AI technology partner.The announcement marks a strategic expansion for Experis: from technology talent and workforce solutions into the active design, deployment, and management of the AI agents that are reshaping how work gets done. EXCELERATE AI is built on a simple but powerful premise — that the future of enterprise operations isn't humans or agents; it's humans and agents working side by side. And making that future real requires more than software. It requires the domain expertise, engineering capability, change management discipline, and talent strategy that Experis brings to help organizations deploy AI responsibly, scale it across the enterprise, and translate innovation into measurable business outcomes.By pairing Experis's consulting depth and implementation track record with SoundHound AI's agentic AI and Autonomics platforms, technology already trusted by world-class enterprises across healthcare, financial services, automotive, and more, EXCELERATE AI gives organizations a clear path from AI investment to measurable business outcomes.This collaboration will extend across industries served by Experis in the United States, beginning with healthcare, financial services, and retail. The partnership enables organizations to modernize service delivery across contact centers and IT service desks as part of a broader evolution toward AI-enabled service models that deliver faster, more scalable support. By combining SoundHound AI's advanced conversational AI with Experis' deep expertise in talent, engineering, and enterprise transformation, organizations can accelerate time-to-value, drive meaningful efficiencies, and reduce operating costs while improving service quality. Delivery will be led by Experis experts who bring deep domain knowledge and a proven track record supporting complex, enterprise-scale environments. Together, Experis and SoundHound AI will help organizations improve responsiveness, alleviate operational strain on service teams, and create more resilient, intelligent service operations that enhance both customer and employee experiences."Organizations everywhere are investing heavily in AI, but the real challenge isn't the technology itself; it's turning that investment into real business outcomes. This is about bringing human expertise together with agentic solutions and piloting new ways of getting work done with our clients. That's 'Humans First, Digital Always' in action. AI transformation is just as much about people, skills, and operating models as it is about platforms, and that's where Experis is uniquely positioned to help," said Kye Mitchell, President of Experis U.S. "Through our partnership with SoundHound AI and the launch of EXCELERATE AI, we're bringing together powerful agentic AI capabilities with the deep technical expertise, consulting strength, and talent solutions clients need to actually operationalize AI. When organizations get that combination right, they move faster, innovate more effectively, and there's more room for their people to grow alongside the business."As the conversational AI technology partner within the EXCELERATE AI portfolio, SoundHound AI's technologies will serve as key enablers within Experis' broader AI agent services framework, helping enterprises achieve faster time-to-value through disciplined AI activation, implementation, and scale."Enterprises are eager to move beyond experimentation and deploy AI solutions that deliver measurable impact," Keyvan Mohajer, Co-Founder and CEO of SoundHound AI, said. "By partnering with Experis, we're combining their deep consulting and implementation expertise with our leading-edge technology to help organizations deploy enterprise-grade agentic AI to drive real operational value."SoundHound AI's technology supports a range of enterprise use cases, including conversational AI applications that can manage complex multi-step requests through voice or text, as well as its Autonomics platform, which enables organizations to automate IT operations, diagnose issues, and resolve problems faster through AI-driven automation.ABOUT EXPERIS?
Experis®, a global leader in technology services, provides the experience and expertise to shorten the distance between innovation and business impact in a digital world. Experis is guided by the principle that only human ingenuity can unlock the true potential of advanced technologies like AI. For clients, Experis offers the right mix of talent and technology to accelerate progress and deliver real-world results. For individuals, Experis has the insight, size, and scale to help tech professionals expand their skills, increase their value, and find the right opportunities. By matching talent to technology in transformative ways, Experis creates brighter futures for everyone. Experis is part of the ManpowerGroup® (NYSE: MAN) family of brands, which also includes?Manpower?and?Talent Solutions. For more information, visit www.experis.com, or follow us on LinkedIn. ABOUT SOUNDHOUND AI
SoundHound?AI, a global leader in voice and conversational AI, delivers solutions that allow businesses to offer superior experiences to their customers. Built on proprietary technology,?SoundHound's?voice AI delivers best-in-class speed and accuracy in?numerous?languages to product creators and service providers across retail, financial services, healthcare, automotive, telecom, smart devices, and restaurants. The company's groundbreaking AI-driven products include Smart Answering, Smart Ordering, Dynamic Drive-Thru, and the Amelia Platform, which powers AI Agents for enterprise. In addition,?SoundHound's?Agentic AI for Automotive and Autonomics, a category-leading operations platform that automates IT processes, have enabled?SoundHound?to power millions of products and services, and process billions of interactions each year for world-class businesses.
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Original: Experis Launches AI Services Suite, Partnering with SoundHound AI to Help Enterprises Put Humans and Agents to Work Together
US Market News
3月前
ManpowerGroup Marks 10 Years with VivaTech as a Platinum Partner, Championing the Human EdgeMarch 12, 2026 2:02 PM
PR Newswire (US)
MILWAUKEE, March 12, 2026 /PRNewswire/ -- ManpowerGroup, the world's leading workforce solutions company, today announced its participation in VivaTech 2026 as a Platinum Partner, marking a double milestone: the 10th anniversary of VivaTech and ManpowerGroup's 10th consecutive year participating in Europe's leading technology and innovation event."VivaTech has become one of the most important forums for discussing where technology and work intersect, and that conversation has never mattered more," said Jonas Prising, Chair & CEO of ManpowerGroup. "Our research and work with clients around the world show that the organizations getting the most value from AI are those investing just as intentionally in their talent. Technology creates the opportunity; human capability determines the outcome. That is what the 'Human Edge' means in practice, and how we are helping clients and people prepare for a future of work that is more AI-enabled and more human-powered than ever before."Over the past decade, VivaTech has grown into a defining global platform for innovation, reflecting ManpowerGroup's conviction that progress is most powerful when it keeps humans at the center. That belief is the foundation of ManpowerGroup's Human First, Digital Always approach.With artificial intelligence reshaping roles and industries at speed, ManpowerGroup will highlight the "Human Edge" at VivaTech 2026. The "Human Edge" represents what technology cannot replicate: the adaptability, judgment, empathy, and collaborative capacity that enable organizations to translate digital innovation into sustainable business performance."We are proud to have ManpowerGroup as a Platinum Partner, especially as we celebrate VivaTech's 10th anniversary — a truly exceptional edition in every way. I'm convinced this strengthened partnership will deepen our ties and prove fruitful for both," said Maurice Levy, Emeritus Chairman, Publicis Groupe & VivaTech Co-President.During the event, ManpowerGroup will also host its annual Startup Challenge. This year's theme, "Human First, Digital Always: Redefining the Future of Work," invites innovative startups to develop AI-powered solutions that help organizations transform while keeping people at the center. Focus areas include agentic AI for workforce delivery and tools that make worker skills visible, portable, and actionable. The winning startup will gain the opportunity to pilot its solution with ManpowerGroup, helping bridge the gap between new ideas and real-world workforce challenges.VivaTech 2026 takes place June 17–20 in Paris, France. More details on ManpowerGroup's full program, including speakers, sessions, and Startup Challenge finalists, will be announced in the coming weeks. Visit manpowergroup.com for updates.ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently as a best place to work for Women, Inclusion, Equality, and Disability, and in 2025 ManpowerGroup was named one of the World's Most Ethical Companies for the 16th time; all confirming our position as the brand of choice for in-demand talent.For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.
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Original: ManpowerGroup Marks 10 Years with VivaTech as a Platinum Partner, Championing the Human Edge
US Market News
3月前
Global Hiring Intentions Strengthen as Employment Outlook Hits Returns to 2022 LevelsMarch 10, 2026 9:32 AM
PR Newswire (US)
Latest ManpowerGroup Employment Outlook Survey finds employers are predicting hiring plans at their highest level since Q3 2022, with a Net Employment Outlook of 31% for Q2 2026MILWAUKEE, March 10, 2026 /PRNewswire/ -- Employer hiring intentions are strengthening heading into the second quarter of 2026, according to ManpowerGroup's latest Employment Outlook Survey of more than 41,700 employers across 42 countries. The global Net Employment Outlook (NEO) for Q2 2026 stands at 31%, up six points from the previous quarter and rising seven points year-over-year, marking its strongest reading since Q3 2022. The data for the second quarter was collected between January 1 and February 3, 2026, prior to geopolitical developments that began across the Middle East in late February. The findings reflect employer sentiment at the time of data collection and may not capture the potential impact of subsequent events.While 45% of organizations plan to increase staff in Q2, 40% plan to maintain current headcount, and 13% anticipate reductions, improving three points from last quarter. Only 2% of employers remain unsure of their hiring intentions, down from 4% last quarter, signaling that economic uncertainty is beginning to ease."The data tells a nuanced story, with more employers hiring for expansion and to backfill roles, and fewer reducing headcount than we've seen in recent quarters. Yet the second-largest group remains those holding steady, watching the environment before they commit," said Jonas Prising, ManpowerGroup Chair & CEO. "Though current geopolitical uncertainty may contribute to more hesitancy, the direction is encouraging, and businesses have become used to navigating complex environments. The results demonstrate organizations continue to see human talent as a core component in the engine of growth while working to understand where AI genuinely adds value."AI Adoption and Workforce Strategy
Beyond hiring intentions, the survey examined how employers are deploying AI across workforce strategy, finding widespread adoption but uneven returns.Two-thirds of organizations (67%) are already using AI in hiring, onboarding, or training new workers. Adoption rises to 80% in Asia Pacific, with particularly high usage in China (95%) and India (87%).Learning and development deliver the highest perceived return on investment from AI, cited by 27% of employers. Team performance (16%) and scheduling or forecasting (14%) follow.However, expectations remain measured. Just 8% say AI fully meets expectations in hiring and training, while 16% report no positive ROI to date. Privacy and regulatory concerns (13%), insufficient company training (10%), and workers' lack of AI skills (10%) are the primary barriers to broader deployment.Sector and Regional HighlightsSector InsightsEmployers in Information (41%) and Finance & Insurance (35%) report the most optimistic hiring plans for Q2 2026.Hospitality (22%) signals the most cautious hiring intentions this quarter.In absolute hiring volume terms, Information and Trade & Logistics anticipate the largest net additions to headcount.Regional Hiring PlansAsia Pacific (APAC): Leads globally with an Outlook of 39%, strengthening quarter-over-quarter and year-over-year. Vietnam joins the survey for the first time this quarter.India (68%) leads regional and global hiring confidence, followed by Vietnam (47%), and Australia (33%).Hong Kong (11%) reports the most cautious Outlook in the region.The Americas: Posts the second-strongest regional Outlook at 37%, reflecting improved hiring confidence across North America and Latin America.Brazil (55%) leads regional confidence, followed by Panama (44%) and Costa Rica (43%).
The United States (38%) reflects resilient labor demand.Colombia (18%) reports the most cautious hiring intentions in the Americas this quarter.Europe and the Middle East: Reports the lowest global Outlook at 23%, up modestly quarter-over-quarter.The United Arab Emirates (60%) leads the region, followed by Sweden (39%) and the Netherlands (37%).Romania (-5%) and Slovakia (3%) report the weakest Outlooks globally this quarter.To explore global hiring trends in detail, view the full Q2 2026 ManpowerGroup Employment Outlook Survey at: https://www.manpowergroup.com/en/insights/q2-2026-manpowergroup-employment-outlook-surveyThe next survey will be released in June 2026, reporting hiring expectations for Q3 2026.ABOUT THE SURVEY
The ManpowerGroup Employment Outlook Survey, now in its 64th year, is the most comprehensive, forward-looking employment survey of its kind, used globally as a key labor market indicator. The Net Employment Outlook (NEO) is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.SURVEY METHODOLOGY
Survey responses were collected from January 1 and February 3, 2026. Size of organization and sector are standardized across all countries and territories to allow international comparisons.ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently as a best place to work for Women, Inclusion, Equality, and Disability, and in 2025 ManpowerGroup was named one of the World's Most Ethical Companies for the 16th time; all confirming our position as the brand of choice for in-demand talent.For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.FORWARD-LOOKING STATEMENTS
This report contains forward-looking statements, including statements regarding labor demand in certain regions, countries and industries, and economic uncertainty. Actual events or results may differ materially from those contained in the forward-looking statements, due to risks, uncertainties and assumptions. These factors include those found in the Company's reports filed with the U.S. Securities and Exchange Commission (SEC), including the information under the heading "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2025, whose information is incorporated herein by reference. ManpowerGroup disclaims any obligation to update any forward-looking or other statements in this release, except as required by law.
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Original: Global Hiring Intentions Strengthen as Employment Outlook Hits Returns to 2022 Levels
US Market News
3月前
Leading with the Human Edge: ManpowerGroup and Experis Bring Workforce Intelligence to Mobile World Congress Barcelona 2026March 2, 2026 9:32 AM
PR Newswire (US)
MILWAUKEE, March 2, 2026 /PRNewswire/ -- As artificial intelligence shifts from experimentation to enterprise-wide deployment, the technology industry faces a new reality. The challenge is no longer access to innovation, it is access to talent.
Newly released data from ManpowerGroup's 2026 Talent Shortage Survey confirms the shift. For the first time, AI model and application development (20%) and AI literacy (19%) top the global ranking of hardest-to-fill capabilities, displacing engineering and pushing traditional IT and data skills to seventh place. Overall, 72% of employers report they still cannot find the skilled talent they need. The scarcity is not easing. It is evolving.ManpowerGroup and Experis will bring these insights to Mobile World Congress 2026 in Barcelona, Spain, March 2–5, where more than 109,000 professionals and 95% of the world's leading IT and telecom companies gather to define what comes next. As the technology ecosystem convenes to showcase what is possible, every CTO, CHRO, and CEO is grappling with the same question — how do you build the human capabilities that make technology actually work?"The companies winning in the AI era are not simply the ones with the best models, they're the ones with the most capable people and the clearest understanding of the skills their business needs next," said Mara Stefan, VP of Global Insights at ManpowerGroup. "MWC is where the technology ecosystem comes together to see what's possible. Our role is to help organizations understand how to build the human edge that turns that potential into performance."Key Experis and ManpowerGroup Events at MWC Barcelona 2026Experis Meet-Up at Talent Arena
Monday, March 2, 9:30–10:30 AM | Talent Arena PRO Area Experis opens the week with a networking meet-up at the Talent Arena for senior technology professionals, offering an introduction to Experis's capabilities in AI, automation, and advanced tech talent and laying the groundwork for the afternoon's workshop. The session targets experienced candidates and technology leaders looking to understand how AI is reshaping the skills needed to stay competitive.Hyperautomation Workshop at Talent Arena
Monday, March 2, 4:45 PM | Talent Arena PRO StageExperis, co-lead sponsor of the 2026 Talent Arena, leads an interactive session on hyperautomation and its real-world applications in talent acquisition and workforce transformation. The workshop puts agentic AI to work on one of the most pressing challenges in the sector and reflects the Talent Shortage Survey's clearest signal: upskilling and reskilling existing employees is the number one employer response to structural scarcity globally."Now and Next" with Mara Stefan
Wednesday, March 4, 3:30 PM | Talent Arena Main Stage In a session presented by Experis, Stefan will take the Talent Arena main stage to present The Human Edge: Global Future of Work Trends report, identifying 16 trends across four driving forces, Hybrid Superteams, Rapid Relearning, Changing Norms, and the Succession Crisis. The session will examine what skills the world needs, where the gaps are widest, and what leading organizations are doing to close them.Work Intelligence Lab: Conversations from the Floor
ManpowerGroup's Work Intelligence Lab podcast will record live from MWC Barcelona with leaders from IBM, EY, and more, capturing real-time perspectives on AI's impact on the future of work from some of the most prominent voices in the global technology ecosystem.For updates, insights, and to follow ManpowerGroup at Mobile World Congress, visit: www.manpowergroup.es/nuestras-soluciones/manpowergroup/mobile-world-congress-2026ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently as a best place to work for Women, Inclusion, Equality, and Disability, and in 2025 ManpowerGroup was named one of the World's Most Ethical Companies for the 16th time; all confirming our position as the brand of choice for in-demand talent.For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.
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Original: Leading with the Human Edge: ManpowerGroup and Experis Bring Workforce Intelligence to Mobile World Congress Barcelona 2026
US Market News
3月前
Global Talent Shortage Reaches Turning Point as AI Skills Claim Top SpotFebruary 26, 2026 9:31 AM
PR Newswire (US)
ManpowerGroup's 2026 Talent Shortage Survey of 39,000 employers across 41 countries reveals 72% report difficulty filling roles as demand for AI capabilities overtakes engineering and traditional IT skillsMILWAUKEE, Feb. 26, 2026 /PRNewswire/ -- For the first time, Artificial Intelligence (AI) skills have surpassed all others to become the most difficult for employers to find globally, overtaking traditional engineering and IT capabilities. This historic shift highlights a new era in the persistent global talent crisis, with 72% of employers reporting hiring difficulty—down modestly from 74% last year—according to the 2026 Talent Shortage Survey released today by ManpowerGroup."The rise of AI skills to the top of the shortage list reflects how quickly the talent landscape is evolving," said Jonas Prising, ManpowerGroup Chair & CEO. "Companies are responding with upskilling and more flexible workforce models, recognizing they will need to hire for potential; while building AI literacy across their workforce so people can apply new technology with judgment and confidence. AI is not replacing jobs, it is reshaping work, and companies that connect productivity gains with opportunity and career growth will be best positioned to compete in a talent-scarce world."The research, spanning more than 39,000 employers in 41 countries, reveals that modest relief in overall hiring has been offset by fierce competition for AI capabilities.2026 TALENT SHORTAGE SURVEY KEY FINDINGSAI Creates a New Hierarchy of Technical Demand
AI Model & Application Development (20%) and AI Literacy (19%) now lead the global ranking of hard-to-find skills, followed by Engineering (19%), Sales & Marketing (18%), and Manufacturing & Production (17%). Together, these AI capabilities displace traditional IT & Data skills, which fell to seventh place (17%), signaling a rapid realignment of strategic talent investment toward AI-driven capabilities.The Human Edge Becomes More Valuable
Even amid the surge in demand for AI, core human skills remain in-demand. Communication, Collaboration & Teamwork are the most sought-after attributes at 39%, followed by Professionalism & Work Ethic (36%) and Adaptability & Willingness to Learn (34%), reinforcing the enduring value of interpersonal skills.Geography Defines the Scarcity Experience
The pressure to find talent is universal, yet its intensity varies dramatically by location. Employers in Germany (83%), France (74%), and the U.K. (73%) face significant shortages, while the U.S. (69%) tracks slightly below the global average. China (48%) stands out as the least constrained major market, revealing a fragmented global landscape where local conditions dictate competitive strategy.Scarcity Is a Cross-Industry Phenomenon
While the Information industry faces the highest shortage (75%), critical service sectors like Hospitality (74%) and Public Sector, Health & Social Services (74%) report nearly identical levels of strain. This widespread challenge extends across Professional, Scientific, and Technical Services (73%), Manufacturing (72%), and Finance and Insurance (71%), indicating a broad-based constraint on economic growth and service delivery.Employer Strategy: Invest, Adapt, and Compete
Faced with structural scarcity, 91% of employers are deploying a mix of strategies. The primary focus is on internal development and flexibility: Upskilling/Reskilling (27%) leads, followed by offering more Schedule Flexibility (20%) and Location Flexibility (18%). To compete externally, Increasing Wages (19%) and Targeting New Talent Pools (18%) are critical levers.Scale Exacerbates the Challenge
Organizational size significantly impacts hiring success. The largest companies—those with 1,000-4,999 employees—report the highest shortage rate (75%). This is 11 points higher than the smallest firms (under 10 employees at 64%).For more information about ManpowerGroup's 2026 Talent Shortage Survey, visit: https://www.manpowergroup.com/en/insights/2026-global-talent-shortage ABOUT THE SURVEY METHODOLOGY
ManpowerGroup interviewed 39,063 employers in 41 countries: Argentina, Australia, Belgium, Brazil, Canada, Chile, China, Colombia, Costa Rica, Czech Republic, Finland, France, Germany, Greece, Guatemala, Hong Kong, Hungary, India, Ireland, Israel, Italy, Japan, Mexico, Norway, Panama, Peru, Poland, Portugal, Puerto Rico, Romania, Singapore, Slovakia, Spain, Sweden, Switzerland, Taiwan, The Netherlands, Türkiye, United Arab Emirates (U.A.E.), United Kingdom (U.K.), United States of America (U.S.). The fieldwork was completed in all markets between October 1 – 31, 2025.ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2025 ManpowerGroup was named one of the World's Most Ethical Companies for the 16th time – all confirming our position as the brand of choice for in-demand talent.For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.FORWARD-LOOKING STATEMENTS
This report contains forward-looking statements, including statements regarding labor demand in certain regions, countries and industries, and economic uncertainty. Actual events or results may differ materially from those contained in the forward-looking statements, due to risks, uncertainties and assumptions. These factors include those found in the Company's reports filed with the U.S. Securities and Exchange Commission (SEC), including the information under the heading "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2025, whose information is incorporated herein by reference. ManpowerGroup disclaims any obligation to update any forward-looking or other statements in this release, except as required by law.
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Original: Global Talent Shortage Reaches Turning Point as AI Skills Claim Top Spot
Tina
16年前
CITP +32%
Press Release Source: Manpower Inc. On Tuesday February 2, 2010, 7:00 am EST
MILWAUKEE, Feb. 2 /PRNewswire-FirstCall/ -- Manpower Inc. (NYSE: MAN), a world leader in the employment services industry, announced today it has entered into an agreement to acquire COMSYS IT Partners, Inc. (Nasdaq: CITP), a leading professional staffing firm. The agreement has been approved by the boards of directors of both companies. Subject to the terms of the agreement, the value of the consideration for each outstanding share of COMSYS common stock would be $17.65, for a total enterprise value of $431 million, including net debt assumed by Manpower. COMSYS' professional IT staffing services will be integrated into the Manpower Professional offering, and when combined with Elan, Manpower's European IT staffing business, creates an entity with total revenues of more than $2.5 billion. The combined entities increase Manpower's professional consultants on assignment to over 25,000. With 4,000 offices around the globe, the addition of COMSYS increases Manpower's professional staffing services geographic footprint to more than 400 offices worldwide.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060221/CGTU012LOGO)
"The acquisition of COMSYS is consistent with our strategy and strengthens the continued expansion of our professional staffing services and outcome-based solutions," said Jeff Joerres, Manpower Inc. Chairman and CEO. "Both are areas where we have significantly grown organically over the past few years, driven by our strategy to provide clients with all the talent they need, particularly in the high demand skill verticals of IT, engineering, finance and accounting."
COMSYS is a leading provider of professional IT staffing services, Managed Service Program (MSP) and Recruitment Process Outsourcing (RPO) offerings. Manpower will also integrate COMSYS' MSP and RPO offerings into its world-leading Manpower Business Solutions to strengthen the company's global, industry-leading offering to deliver clients with full employment life cycle and outcome-based solutions.
"Our strategy is an outside-in approach, focusing on services that deliver value to our clients and candidates. We grow our capabilities organically and acquire companies for the combination of financial gain, and strategic and cultural fit for our organization. The culture, expertise, client and consultant base that COMSYS brings to our suite of services, when combined with Manpower Professional and Manpower Business Solutions, accelerates us to being a global leader in the US and around the world."
As companies continue to experience tremendous pressure to do more with less in achieving their business strategy, the same will hold true for their talent strategy, and the future talent that they seek to bring on. Over the next decade, talent will emerge as a company's competitive differentiator. In tomorrow's economy, the decline of the working age population will only increase the competition for qualified candidates. At the same time, individuals will exercise more choice in their job search, forcing businesses to find innovative ways to attract and retain key people.
"Manpower and COMSYS have very similar cultures, focused on a client-first and consultant-first mindset and values," said Jonas Prising, Manpower Inc. President of the Americas. "Joining our trusted brands and services, combined with our ability to deliver a unique experience to clients and candidates, will address the market's needs from both a scale and capabilities perspective. The strong alignment of our services and cultures positions us well for a rapid and successful integration."
This acquisition creates value for COMSYS' shareholders, compelling opportunities for employees and offers superior value for clients, according to Larry Enterline, Chief Executive Officer, COMSYS. "This is a great opportunity for us to leverage our demonstrated expertise and strong market presence with Manpower's global leadership in the employment services industry. The combination of these two great organizations is exciting for us and very positive for all of the stakeholders' of both companies," Enterline continued.
"Our ability to leverage assets, synergies, systems, real estate, and client and candidate relationships makes this acquisition particularly appealing," added Joerres. "One of the ways that we can deliver immediate value to our combined clients and candidates is through MyPath.com, the world's first-of-its-kind social network guided by Manpower, which is focused on serving up free content and training to improve the skills and advance the careers of professionals, particularly in the IT, engineering and finance space."
About the Transaction
Under the terms of the merger agreement, Manpower has agreed to acquire all of the outstanding shares of COMSYS common stock pursuant to an exchange offer in which COMSYS stockholders can elect to receive for each of their COMSYS shares either $17.65 per share in cash or a fraction of a share of Manpower common stock equal to $17.65 divided by the average trading price of Manpower common stock during the ten trading days ending on and including the second trading day prior to the closing of the exchange offer, subject to a requirement that no more than 50% of the aggregate consideration in either the exchange offer or the subsequent merger will be cash or stock (subject to certain adjustments). If either form of consideration is oversubscribed, then it will be allocated pro rata to the stockholders who elect it, with the balance of their consideration being in the other form. Based on the closing price of Manpower's common stock on February 1, 2010, the stock consideration would equal 0.332 of a share of Manpower common stock for each share of COMSYS common stock. Manpower has the right to elect not less than two business days prior to the expiration of the exchange offer to pay $17.65 in cash for all shares tendered in the exchange offer.
The exchange offer is subject to customary closing conditions, including the tender of at least a majority of the outstanding shares of COMSYS common stock on a fully diluted basis, and is expected to close in the second quarter of 2010. Following completion of the exchange offer, a wholly owned subsidiary of Manpower will merge into COMSYS and the COMSYS shares not acquired in the exchange offer will convert into the right to receive the same consideration as paid in the exchange offer.
Manpower expects to commence the exchange offer in mid-March following the filing of COMSYS' Annual Report on Form 10-K for fiscal 2009.
About COMSYS
COMSYS IT Partners, Inc. (NASDAQ: CITP) is a leading IT services company with 52 offices across the U.S. and offices in Puerto Rico, Canada and the U.K. COMSYS service offerings include contingent and direct hire placement of IT professionals and a wide range of technical services and solutions addressing requirements across the enterprise. TAPFIN Process Solutions delivers critical management solutions across the resource spectrum from contingent workers to outsourced services.
About Manpower Inc.
Manpower Inc. (NYSE: MAN) is a world leader in the employment services industry; creating and delivering services that enable clients to win in the changing world of work. With more than 60 years of experience, the company offers employers a range of services for the entire employment and business cycle including permanent, temporary and contract recruitment; employee assessment and selection; training; outplacement; outsourcing and consulting. Manpower's worldwide network of 4,000 offices in 82 countries and territories enables the company to meet the needs of 400,000 clients per year, including small and medium size enterprises in all industry sectors, as well as the world's largest multinational corporations. The focus of Manpower's work is on raising productivity through improved quality, efficiency and cost-reduction across the total workforce, enabling clients to concentrate on their core business activities. Manpower Inc. operates under five brands: Manpower, Manpower Professional, Elan, Jefferson Wells and Right Management. More information on Manpower Inc. is available at www.manpower.com.
Additional Information
This press release was issued by Manpower Inc. on February 2, 2010 and does not constitute an offer of any securities for sale. The exchange offer described above has not commenced. Manpower intends to commence an exchange offer and file a Schedule TO and a registration statement on Form S-4, and COMSYS intends to file a Solicitation/Recommendation Statement on Schedule 14D-9, with the Securities and Exchange Commission in connection with the transaction. Manpower and COMSYS expect to mail a Preliminary Prospectus, the Schedule 14D-9 and related exchange offer materials to stockholders of COMSYS. These documents, however, are not currently available. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THESE DOCUMENTS CAREFULLY WHEN THEY ARE AVAILABLE BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT MANPOWER, COMSYS AND THE TRANSACTION. Documents filed by Manpower with the SEC may be obtained without charge at the SEC's website at www.sec.gov and at Manpower's website at www.manpower.com. Documents filed by COMSYS with the SEC may be obtained without charge at the SEC's website and at COMSYS' website at www.comsys.com.
Forward-Looking Statements
This news release contains statements, including statements regarding timing, completion and results of the proposed transaction, that are forward-looking in nature and, accordingly, are subject to risks and uncertainties. Actual results may differ materially from those described or contemplated in the forward-looking statements. Factors that may cause actual results to differ materially from those contained in the forward-looking statements include, among others, the risk that the exchange offer and the merger will not close; the risk that Manpower's business and/or COMSYS' business will be adversely impacted during the pendency of the exchange offer and the merger; the risk that the operations of the two companies will not be integrated successfully; the risk that Manpower's expected cost savings and other synergies from the transaction may not be fully realized, realized at all or take longer to realize than anticipated; the risk that demand for and acceptance of Manpower's or COMSYS' products or services may be reduced; the impact of economic conditions; the impact of competition and pricing; and other factors found in the Manpower's and COMSYS' reports filed with the SEC, including the information under the heading 'Risk Factors' in Manpower's Annual Report on Form 10-K for the year ended December 31, 2008 and COMSYS' Annual Report on Form 10-K for the fiscal year ended December 28, 2008, which information is incorporated herein by reference.