Welcome to our dedicated page for Manpowergroup news (Ticker: MAN), a resource for investors and traders seeking the latest updates and insights on Manpowergroup stock.
ManpowerGroup (NYSE: MAN) news covers developments at a global workforce solutions company that focuses on sourcing, assessing, developing, and managing talent for organizations in many industries. As one of the world’s largest workforce solutions providers, ManpowerGroup regularly issues updates on its financial performance, strategic partnerships, and talent initiatives across its Manpower, Experis, and Talent Solutions brands.
On this page, readers can follow earnings announcements, dividend declarations, and investor presentations that provide insight into ManpowerGroup’s operating trends across regions such as the Americas, Southern Europe, Northern Europe, and Asia Pacific & Middle East. News items also highlight credit facilities and debt offerings disclosed in Form 8-K filings, which shed light on the company’s capital structure and liquidity management.
Beyond financial updates, ManpowerGroup’s news includes workforce partnerships and sector programs, such as collaborations with educational institutions to build semiconductor and advanced manufacturing talent pipelines, or brand licensing agreements that extend the Manpower brand into new markets. Coverage also features research from Right Management on careers and skills, as well as recognitions for Talent Solutions, TAPFIN, and Jefferson Wells in areas like recruitment process outsourcing, contingent workforce management, and finance-focused professional services.
Investors, analysts, and HR professionals can use this news feed to track how ManpowerGroup responds to talent shortages, AI-driven workforce transformation, and changing employer needs. Bookmark this page to monitor the latest MAN press releases, strategic initiatives, and regulatory disclosures that influence the company’s role in the human resources consulting and professional services industry.
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ManpowerGroup (NYSE: MAN) reported first-quarter 2023 results, with revenues of $4.8 billion, an 8% decline year-over-year. Net earnings dropped to $77.8 million or $1.51 per diluted share, down from $91.6 million or $1.68 in 2022. Excluding restructuring costs, earnings per share were $1.61, a 7% decline in constant currency. The gross profit margin increased to 18.2%, reflecting pricing discipline and outplacement activity. The company experienced modest declines in revenues for Manpower, Experis, and Talent Solutions, driven by the U.S. and European market conditions. Free cash flow stood at $111 million, with $30 million allocated for stock repurchases, indicating a robust balance sheet amidst economic uncertainty.
ManpowerGroup (NYSE: MAN) has been designated as a Platinum Partner for Viva Technology 2023, Europe's largest startup event, scheduled for June 14-17 in Paris. The company will unveil 'The New Human Age' lab, focusing on the integration of talent and technology, showcasing innovative HR solutions, including AI ethics and virtual reality training.
ManpowerGroup will also host over 18 startup challenge winners presenting solutions for key workplace issues. CEO Jonas Prising will deliver a keynote on the importance of tech in future societies. The event aims to highlight breakthroughs in AI, workforce diversity, and sustainable practices. Full details of ManpowerGroup's participation will be released soon.
ManpowerGroup (NYSE: MAN) plans to release its 1st quarter 2023 earnings results before the market opens on April 20, 2023. The management will host a live webcast at 7:30 a.m. Central Time, discussing the results. Investors can access the webcast through the company's website. A replay will be available by 10:30 a.m. Central Time and will remain online for 30 days. This announcement underlines ManpowerGroup's commitment to transparency and its strategic position in the workforce solutions sector.
The Q2 Employment Outlook Survey from ManpowerGroup (NYSE: MAN) reveals a Net Employment Outlook of +30% for the U.S., reflecting a slight increase from the previous quarter. Despite ongoing layoffs, the IT sector leads hiring expectations with +34%, indicating strong demand for skilled workers. The U.S. ranks 7th globally in hiring intentions, seven points above the world average. Overall, 78% of IT employers face challenges in hiring, suggesting a persistent talent shortage. The survey highlights a cautious optimism among U.S. employers as they navigate current economic conditions, with a focus on retaining critical talent.
The latest ManpowerGroup (NYSE: MAN) Employment Outlook Survey reveals a positive hiring outlook for Q2 2023, with a seasonally adjusted net employment outlook of +23%, unchanged from Q1. Despite ongoing recession concerns, 77% of employers report difficulties in filling roles, citing IT, Engineering, and Sales & Marketing as the most challenging areas. Notably, employers in Panama (+41%) and Costa Rica (+38%) show the highest hiring intentions, while North America leads regions at +30%. The survey underscores the importance of upskilling as talent shortages reach a 17-year high. The next survey will be released in June 2023.
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Experis has announced its virtual recruiting event "Disrupt the Layoffs" scheduled for March 8-9, targeting 50,000 IT job seekers. This initiative aims to counter the narrative of mass tech layoffs, showcasing that numerous companies still seek skilled talent. Experis, a leader in IT talent placement, places around 15,000 individuals in suitable jobs annually and connects talent with leading firms across various sectors. Participants can find tailored opportunities through Experis's streamlined recruitment process, benefiting from support for both permanent and temporary roles.
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