Adecco Reports Permanent Hiring Growth

Swiss staffing firm Adecco reported that permanent recruitment returned to growth in the third quarter as quarterly revenue met market expectations at nearly 6 billion euros.

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Adecco logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration

Adecco Group AG posted €5.99 billion ($6.64 billion) in third-quarter revenue, matching consensus estimates as permanent hiring returned to growth. The Switzerland-based staffing firm reported organic revenue growth of 3.6%, down from 5.6% in the second quarter. The results signal stabilizing labor demand across key European markets despite uneven regional performance.