Adecco Company Research Report

Company Overview

• Name: Adecco

• Mission: Make the future work for everyone

• Founded: Adia was founded in 1957 by Henri Lavanchy in Lausanne, Switzerland. Ecco was founded in 1964 by Philippe Foriel-Destezet in Lyon, France. In 1996, Adia and Ecco merged to become “Adecco.”

• Key People: No information is available

• Headquarters: Zurich, Switzerland

• Number of Employees: Approximately 25,000

• Revenue: €24 billion (as of 2023)

• What is the Company Known For: Adecco is known as the world's leading workforce solutions provider, specializing in temporary and permanent placement, outsourcing, and HR services. The company is part of The Adecco Group, active in 62 countries, providing jobs to over 660,000 people daily.

Products and Services

• Products Offered:

• Temporary and permanent placement

• Outsourcing solutions

• Training, upskilling, and reskilling

• Diversity and Inclusion strategies

• End-to-end digital recruitment and executive search

• High-Level Description & Key Features:

• Temporary Placement: Providing businesses with flexible staffing solutions to scale based on operational needs.

• Permanent Placement: Comprehensive recruitment services from candidate sourcing to specialized talent selection.

• Outsourcing: Includes RPO (Recruitment Process Outsourcing), BPO (Business Process Outsourcing), and other HR services.

• Diversity & Inclusion: Strategies and solutions to create inclusive workplace environments.

• Training Services: Focused on future-proofing workforce through skills development.

• Digital Recruitment Platforms: Utilizing AI and machine learning for efficient talent matching.

Recent Developments

• New Products Launched: No information is available

• New Features Added:

• Adecco continues to expand its AI-driven digital talent matching platforms, which utilize machine learning and real-time data.

• New Partnerships:

• Collaboration with Tent Partnership for Refugees to help recruit and train refugees, committing to recruiting 85,000 refugees and training 17,000 by the end of 2027.

• Partnership with L'Oréal in Germany through the "Job Turbo for the Integration of Refugees into the Labour Market" initiative.

• Other Developments:

• In October 2023, Adecco joined a German government initiative to employ refugees, underlining the importance of temporary employment for fast integration.

• Launched the dedicated "Jobs for Refugees" website to facilitate global job opportunities for refugees, with a focus on a “skills first” approach.

• Prioritizing IT and digital plans to adopt AI and expand Global Delivery to top 25 customers, enhancing recruiter productivity and improving fill rates and time-to-fill.

This report provides a comprehensive overview of Adecco's current market position, products, and recent strategic initiatives without additional commentary.