Swiss multinational human resource consulting company
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The Adecco Group AG
The Adecco Group headquarters in Zürich, Switzerland
Company type
Aktiengesellschaft
Traded as
SIX: ADEN SMI MID component
Industry
Professional services
Predecessors
Ecco Adia Interim
Founded
1 January 1997; 27 years ago (1 January 1997)
Headquarters
Zürich, Switzerland
Number of locations
5,200 branches in over 60 countries and territories
Employment agencies, recruitment, human resource consulting and outsourcing
Revenue
€20.949 billion (2021)[1]
Operating income
€780 million (2021)[1]
Net income
€586 million (2021)[1]
Total assets
€11.865 billion (2021)[1]
Total equity
€3.800 billion (2021)[1]
Number of employees
32,000 (FTE 2021)[1] 115,000 (2021)[1]
Website
adeccogroup.com
The Adecco Group is a Swiss–French[2] company based in Zürich, Switzerland. It is the world's second largest Human Resources provider and temporary staffing firm,[3] and a Fortune Global 500 company.[4]
In 2021, Adecco claimed to have placed 113,000 people in permanent employment and daily placed 300,000 people in precariat jobs. With the expansion of its operations to China, its number totals up to 3.5 million.[5][failed verification]
The company was formed officially on 1 January 1997 as a result of the merger of the French company Ecco and the Swiss company Adia Interim,[6] and is listed on the SIX Swiss Exchange (ADEN, ISIN CH0012138605). Adia was established in 1957 in Lausanne (Switzerland) by Henri Lavanchy. Ecco was founded in Lyon (France) at the initiative of Philippe Foriel Destezet. In 2000, The Adecco Group acquired Olsten Staffing, in the US, becoming the number one recruitment company in that country. In 2010, it acquired MPS Group and thus became the number one company worldwide.[7]
The Adecco Group is the parent company of three Global Business units: Adecco, Akkodis,[8] and LHH, and brands such as Pontoon, General Assembly, HIRED, EZRA and Adia.[9]
^ abcdefg"Annual Report 2021" (PDF). Ar.adeccogroup.com. Archived from the original on 19 March 2017. Retrieved 20 March 2022.
^"Upcoming Adia, Ecco merger to create a personnel giant - Silicon Valley Business Journal". Silicon Valley Business Journal. Archived from the original on 12 December 2005. Retrieved 5 April 2016.
^"RANDSTAD AND ADECCO RANK FIRST AND SECOND ON SIA'S 2019 LARGEST GLOBAL STAFFING FIRMS LIST". staffingindustry.com. Retrieved 18 February 2020.
^"The world's 500 largest companies. 2019 Report". Fortune.com.
^"The Adecco Group Annual Report, 2018" (PDF).
^"Upcoming Adia, Ecco merger to create a personnel giant - Silicon Valley Business Journal". Silicon Valley Business Journal. Archived from the original on 12 December 2005. Retrieved 5 April 2016.
^"World's Largest Temp Firm Adecco to Buy Olsten and Take Lead in U.S." Los Angeles Times.
^"Akkodis.com". Akkodis.com. Retrieved 15 May 2023.
^"Adecco Group Website - Our Solutions". The Adecco Group. Retrieved 15 May 2023.
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