Adecco Q1 revenue beats forecasts as flexible hiring grows
Adecco Group reported Q1 revenue of 5.66 billion euros, beating forecasts. CEO Denis Machuel said flexible hiring outpaced permanent roles due to uncertainty.
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ADECCO GROUP AG-REG reported revenue of 5.66 billion euros ($6.64 billion) for the first quarter, beating analyst forecasts of 5.56 billion euros. The Switzerland-based recruiter saw permanent hiring drop 7% as employers favored flexible staffing amid economic uncertainty. Permanent recruitment weakness reflects broader corporate hesitation to commit long-term amid market volatility.
