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.
ManpowerGroup has launched a national Registered Apprenticeship Program for Cybersecurity Analysts, addressing the significant national cyber talent shortage. This initiative, part of a White House-sponsored project, will be managed by Experis, ManpowerGroup's IT brand. The program allows apprentices to learn at their own pace while earning recognized credentials. With a proven success rate, companies using apprenticeships report an average $1.47 return on every $1 invested. This move aims to enhance the workforce's skills amid escalating cybersecurity demands.
ManpowerGroup (NYSE: MAN) has elected Muriel Pénicaud to its Board of Directors, effective December 12, 2022. Pénicaud, former French Ambassador to the OECD and Minister of Labor, brings extensive knowledge of global labor markets and leadership experience in the consumer goods sector. Her roles include CEO of Business France and Senior Executive VP of Danone, focusing on HR. Pénicaud’s appointment aims to strengthen the company’s commitment to sustainability, inclusivity, and workforce development, aligning with its global strategy to deliver stakeholder value.
The Board of Directors of ManpowerGroup (NYSE: MAN) has declared a semi-annual dividend of $1.36 per share. This dividend is payable on December 15, 2022, to shareholders of record as of the close of business on December 1, 2022. ManpowerGroup, a leader in global workforce solutions, continues to demonstrate commitment to its shareholders through consistent dividend payments. The company has been recognized for its ethical practices and diversity initiatives, further enhancing its reputation in the workforce industry.
ManpowerGroup reported third-quarter revenues of $4.8 billion, reflecting a 7% decline year-over-year but a 5% increase on a constant currency basis. Net earnings rose to $2.13 per diluted share, up from $1.77 in the prior year. The gross profit margin improved to 18.3%, driven by a stronger performance in the Experis and Talent Solutions brands. The company repurchased $85 million in stock and eliminated $50 million in debt. Despite a challenging environment, ManpowerGroup anticipates earnings per share between $2.11 and $2.19 for Q4.
Experis, part of ManpowerGroup (NYSE: MAN), has partnered with Cisco (NASDAQ: CSCO) to provide IT training globally for various learners, aiming to support those transitioning into IT roles. Amid a talent shortage where over 75% of IT employers struggle to fill positions, this initiative seeks to train and place over 1,000 individuals in IT jobs within the first year. Courses will cover essential areas like Cybersecurity and Programming. The collaboration features the Experis MITEY Matcher, an AI job platform to help users connect their new skills with employment opportunities.
On Oct. 13, 2022, Jefferson Wells released its 2022 CFO Priorities Survey, revealing the top concerns of over 200 CFOs in the U.S. The survey indicated that digitization, talent retention, and cybersecurity are key priorities. Notably, 35% of CFOs ranked cybersecurity as their primary concern, with 60% actively involved in their company's cyber risk strategies. The survey also highlighted that 57% of CFOs anticipate a hybrid workforce and face challenges in maintaining corporate culture and team communication.
ManpowerGroup (NYSE: MAN) plans to release its 3rd quarter earnings results before the market opens on October 20, 2022. A live webcast discussing the results will follow at 7:30 a.m. CT. Interested parties can access the webcast through the company's website. A replay of the webcast will be available starting at 10:30 a.m. CT the same day and will remain accessible for 30 days.
ManpowerGroup and UiPath announced an expansion of their strategic partnership to enhance go-to-market automation solutions across finance, HR, and IT sectors. The collaboration aims to accelerate workforce solutions that integrate automation, aiming to mitigate talent shortages and improve productivity globally. According to the ManpowerGroup Employment Outlook Survey, 45% of employers plan to hire more workers, particularly in digital roles. The partnership positions them to address pressing workforce needs while helping businesses achieve greater efficiency through automation.
Summary not available.
Experis, a leader in IT staffing, has been recognized as a Leader and Star Performer in the Everest Group's U.S. Contingent Staffing Services PEAK Matrix® Assessment 2022. This acknowledgement highlights Experis's strong capabilities in IT staffing, project solutions, and managed services, driven by innovative AI tools such as the Experis Career Accelerator and Experis Academy. The assessment evaluated 27 companies based on their market success and delivery capability, with Experis noted for its focus on business transformation, cyber security, and cloud services. The company has also expanded its capabilities through strategic acquisitions and career development initiatives.
FAQ
What is the current stock price of Manpowergroup (MAN)?
What is the market cap of Manpowergroup (MAN)?
