ManpowerGroup News Release (10/21/15)
ManpowerGroup reported revenue of $5 billion for the third quarter of 2015, down 8.2% (up 5.8% in constant currency) from $5.4 billion in the third quarter of 2014. Net earnings totaled $123.9 million, down 5.1% (up 9.5% in constant currency) from $130.5 million in the year-ago quarter. U.S. revenue in the 2015 third quarter totaled $769.6 million, down 3.9% (down 3.9% in constant currency) from $800.5 million in the 2014 third quarter, attributed primarily to softer demand in light industrial staffing, down 9% in the quarter. “Based on where we see the U.S. and, in particular, Europe, our view is that both of those regions could be seeing better growth in 2016 compared with 2015, notwithstanding some softness and choppiness in those economies,” said Jonas Prising, ManpowerGroup chief executive officer.
New Webinar: CareerBuilder Staffing and Recruiting Talent Brief
As many as 75% of staffing and recruiting professionals say some of their currently existing talent acquisition and human capital management roles will be completely automated using technology over the next 10 years. Find out how this will impact your business.