Financial Data and Key Metrics Changes - Reported revenue for the quarter was $4.6 billion, down 2% year over year in constant currency, while system-wide revenue was $4.9 billion [10] - Reported EBITDA for the quarter was $74 million, with adjusted EBITDA at $96 million, representing a decrease of 22% in constant currency year over year [10][14] - Adjusted earnings per share decreased 39% year over year in constant currency, with reported earnings per diluted share at $0.38 and adjusted earnings per diluted share at $0.83 [10][11] Business Line Data and Key Metrics Changes - The Manpower brand experienced a 3% growth in organic constant currency year over year, while the Experis brand declined by 7% and Talent Solutions declined by 8% [16] - Gross profit margin for the quarter was 16.6%, with staffing margin contributing a 40 basis point reduction due to a shift towards enterprise accounts [17][18] - The consolidated gross profit decreased by 4% on an organic constant currency basis year over year, showing slight improvement from a 5% decline in the second quarter [18] Market Data and Key Metrics Changes - Revenue in the Americas segment was $1.1 billion, representing a 6% year-over-year increase on a constant currency basis [21] - Southern Europe revenue was $2.2 billion, reflecting a 1% decrease in organic constant currency [26] - The Asia Pacific Middle East segment saw revenues of $521 million, representing an 8% increase in organic constant currency [32] Company Strategy and Development Direction - The company is focused on digitization and standardization across operations to improve efficiency and reduce costs [38] - The introduction of the AI platform, SoFi AI, is expected to enhance capabilities and client outcomes, with approximately 30% of new client revenue derived from AI-rated probability [40][41] - The leadership team is committed to managing current challenges while positioning the business for future growth through cost containment and strategic initiatives [12] Management's Comments on Operating Environment and Future Outlook - Management noted that geopolitical tensions and economic softening continue to impact hiring, but there are signs of stabilization in demand [6][7] - The outlook for the fourth quarter anticipates ongoing stability in most markets, with earnings per share projected to be in the range of $0.78 to $0.88 [35] - Management expressed cautious optimism about future growth, particularly in Europe and North America, as economic conditions are expected to improve [58][59] Other Important Information - Free cash flow for the quarter was $45 million, down from $67 million in the prior year, but positive cash flow is expected to continue [33] - The company ended the quarter with cash of $275 million and total debt of $1.2 billion, reflecting an improvement in net debt [34] Q&A Session Summary Question: Expectations for flexible staffing volumes with improved business confidence - Management noted that the current labor market is "frozen," with little hiring or workforce reductions, but there are signs of stabilization and potential growth if employer confidence returns [44][46] Question: Trends observed in the quarter and any volatility due to economic conditions - Management indicated that there was an improvement in trends during the third quarter, particularly in France and Italy, while the U.S. market remained stable [49][51] Question: Insights on gross margin pressures and pricing - Management explained that the primary driver of gross margin pressure is a mix shift towards enterprise clients, with no significant pricing changes observed [54][56] Question: Indicators of demand stabilization across regions - Management highlighted that demand is stabilizing in Europe and North America, with growth opportunities emerging in sectors like financial services and logistics [62][63] Question: Impact of political turmoil in France on business sentiment - Management acknowledged that political uncertainty in France is not helpful, but clients are navigating through the environment pragmatically [88][92]

Financial Data and Key Metrics Changes - Reported revenue for the quarter was $4.6 billion, down 2% year over year in constant currency, while system-wide revenue was $4.9 billion [6][7] - Reported EBITDA for the quarter was $74 million, with adjusted EBITDA at $96 million, representing a decrease of 22% in constant currency year over year [7][8] - Adjusted earnings per share decreased by 39% year over year in constant currency, with reported EPS at $0.38 and adjusted EPS at $0.83 [8][12] Business Line Data and Key Metrics Changes - The Manpower brand experienced a 3% growth year over year on an organic constant currency basis, while Experis declined by 7% and Talent Solutions declined by 8% [13][15] - Gross profit margin for the quarter was 16.6%, with the Manpower brand contributing 63% of gross profit, Experis 21%, and Talent Solutions 16% [14][15] Market Data and Key Metrics Changes - Revenue in the Americas segment was $1.1 billion, representing a 6% increase year over year on a constant currency basis [17] - Southern Europe revenue was $2.2 billion, down 1% in organic constant currency, with France revenue decreasing by 5% [19][20] - The Asia-Pacific Middle East segment saw revenues of $521 million, an increase of 8% in organic constant currency [23] Company Strategy and Development Direction - The company is focused on digitization and standardization across operations, with significant progress in global business services initiatives [28][29] - The implementation of AI, particularly the Sophy AI platform, is expected to enhance operational efficiency and client outcomes [30][31] Management's Comments on Operating Environment and Future Outlook - Management noted a cautious yet stable hiring environment, with gradual signs of stabilization in demand across various markets [4][5] - The outlook for 2026 is cautiously optimistic, with expectations for improved economic conditions in Europe and North America [44][46] Other Important Information - Free cash flow for the quarter was $45 million, down from $67 million in the prior year, with capital expenditures at $15 million [24][25] - The company ended the quarter with cash of $275 million and total debt of $1.2 billion, reflecting an improvement in net debt [25] Q&A Session Summary Question: When business confidence improves, will there be an early cycle pickup in flexible staffing volumes? - Management indicated that if employer confidence returns, it could lead to better growth in the Manpower brand and other segments [34][35] Question: Can you discuss the trends seen in the quarter and any volatility due to economic conditions? - Management noted improvements in France and Italy, with stable performance in the U.S., although some volatility was observed due to year-over-year comparisons [38][39] Question: Are there any price pressures or mix issues impacting gross profit margins? - Management confirmed that the primary driver of margin pressure is the mix shift towards enterprise clients, with no significant pricing changes observed [41][42] Question: How is political turmoil in France impacting business sentiment? - Management acknowledged that while political uncertainty is not helpful, clients are navigating the environment pragmatically and focusing on talent investments [64][66]

Financial Performance - Revenue was $4.6 billion, with system-wide revenue reaching $4.9 billion[5] - Gross margin stood at 16.6%[5] - EBITA was $74 million ($96 million as adjusted), resulting in an EBITA margin of 1.6% (2.1% as adjusted)[5] - EPS was $0.38 ($0.83 as adjusted)[5] Business Line Performance - Manpower organic constant currency revenue increased slightly from the Q2 trend of 1% year over year[10] - Talent Solutions organic constant currency revenues declined from the Q2 trend of 1% year over year[10] - Experis organic constant currency revenue trend improved from the Q2 trend of -9% year over year[10] Segment Performance - Americas revenue was $1.1 billion, with an operating unit profit (OUP) of $38 million (3.5% OUP margin)[19] - Southern Europe revenue was $2.2 billion, with an OUP of $66 million (3.0% OUP margin)[23] - Northern Europe revenue was $817 million, with an OUP of -$15 million (-1.8% OUP margin)[26] - APME (Asia Pacific Middle East) revenue was $521 million, with an OUP of $27 million (5.1% OUP margin)[30] Cash Flow - Free cash flow was $45 million for the quarter[33] - Net earnings were $18 million[33] Outlook - Fourth quarter 2025 total revenue is expected to be up 3-7% (down 2% / up 2% CC)[37] - EPS is projected to be $0.78 – $0.88 (favorable $0.08 currency)[37]

[Executive Summary & Highlights](index=1&type=section&id=Executive%20Summary%20%26%20Highlights) ManpowerGroup reported mixed Q3 2025 results with revenue growth but adjusted EPS decline, while year-to-date performance showed significant losses due to charges [Q3 2025 Financial Performance](index=1&type=section&id=Q3%202025%20Financial%20Performance) Q3 2025 net earnings were **$0.38** per diluted share on **$4.6 billion** revenue, with adjusted EPS down **39%** constant currency due to restructuring Q3 2025 Financial Performance Highlights | Metric | 2025 | 2024 | % Variance (Reported) | | :-------------------------- | :--- | :--- | :-------------------- | | Net earnings per diluted share | $0.38 | $0.47 | -18.8% | | Net earnings | $18.0 million | $22.8 million | -20.9% | | Revenues | $4.6 billion | $4.53 billion | 2.3% | - Adjusted EPS was **$0.83** (excluding **$0.45** charges), representing a decrease of **39%** in constant currency[3](index=3&type=chunk) - Revenues increased **2%** as reported, decreased **2%** in constant currency, and increased **1%** on an organic constant currency basis[2](index=2&type=chunk)[3](index=3&type=chunk)[5](index=5&type=chunk) - Gross profit margin was **16.6%**, reflecting lower permanent recruitment activity, lower outplacement, and a business mix shift[5](index=5&type=chunk) - SG&A declined year over year with additional restructuring actions taken in the quarter[5](index=5&type=chunk) [Year-to-Date 2025 Financial Performance](index=2&type=section&id=Year-to-Date%202025%20Financial%20Performance) Year-to-date 2025 saw a net loss of **$43.5 million** (or **$0.93** per share), a significant decline due to charges reducing EPS by **$2.98** Year-to-Date 2025 Financial Performance Highlights | Metric | 2025 | 2024 | % Variance (Reported) | | :-------------------------- | :--- | :--- | :-------------------- | | Net (loss) earnings | $(43.5) million | $122.6 million | -135.5% | | Net (loss) earnings per diluted share | $(0.93) | $2.53 | -136.9% | | Revenues | $13.2 billion | $13.45 billion | -1.6% | - The current year-to-date period included restructuring costs, net losses from the sale of businesses, a non-cash goodwill and intangible asset impairment charge, and Argentina hyperinflationary related non-cash currency translation losses, which reduced earnings per share by **$2.98**[7](index=7&type=chunk) - Excluding these charges, earnings per share for the nine-month period was **$2.05** per diluted share, representing a decrease of **44%** in constant currency[7](index=7&type=chunk) [Q4 2025 Outlook](index=2&type=section&id=Q4%202025%20Outlook) ManpowerGroup anticipates diluted earnings per share for the fourth quarter to be between **$0.78** and **$0.88**, including favorable currency impact and a **46.5%** tax rate - Anticipated diluted earnings per share in the fourth quarter will be between **$0.78** and **$0.88**[7](index=7&type=chunk) - The Q4 outlook includes an estimated favorable currency impact of **8 cents** and a **46.5%** effective tax rate[7](index=7&type=chunk) [Strategic Initiatives & Business Commentary](index=1&type=section&id=Strategic%20Initiatives%20%26%20Business%20Commentary) The company returned to organic constant currency revenue growth in Q3, driven by demand stabilization and a focus on market share and cost reduction - Crossed back over to organic constant currency revenue growth during the third quarter, after **11 consecutive quarters** of declines[6](index=6&type=chunk) - Stabilization of demand in North America and Europe has been a key factor in revenue trend improvement[6](index=6&type=chunk) - Relentless focus on "Winning In The Market" to increase market share and accelerating initiatives to remove structural costs from the organization[6](index=6&type=chunk) - Compared to the previous quarter, year over year revenue growth in Manpower increased and the rate of revenue decline in Experis also improved. Talent Solutions experienced a revenue decline during the quarter on lower RPO activity and lower outplacement activity[5](index=5&type=chunk) [Company Overview](index=3&type=section&id=Company%20Overview) ManpowerGroup is a global workforce solutions leader, operating through multiple brands and consistently recognized for ethical practices and diversity [About ManpowerGroup](index=3&type=section&id=About%20ManpowerGroup) ManpowerGroup is a leading global workforce solutions company assisting organizations in talent sourcing, assessment, development, and management across over **70 countries** - ManpowerGroup is a leading global workforce solutions company, helping organizations transform by sourcing, assessing, developing, and managing talent[10](index=10&type=chunk) - Operates through expert family of brands: Manpower, Experis, and Talent Solutions, across more than **70 countries** and territories for over **75 years**[10](index=10&type=chunk) - Recognized consistently for diversity (Women, Inclusion, Equality, Disability) and named one of the World's Most Ethical Companies for the **16th time** in **2025**[10](index=10&type=chunk) [Forward-Looking Statements & Non-GAAP Measures](index=3&type=section&id=Forward-Looking%20Statements%20%26%20Non-GAAP%20Measures) This press release contains forward-looking statements subject to risks detailed in SEC filings and references non-GAAP financial measures with reconciliations available online - The press release contains forward-looking statements regarding global economic and geopolitical uncertainty, trends in labor demand, financial outlook, business outlook in various regions, and strategic initiatives[11](index=11&type=chunk) - Actual results may differ materially due to numerous factors, including those found under "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024[11](index=11&type=chunk) - Non-GAAP financial measures are referenced, with reconciliations available on the Investor Relations section of manpowergroup.com[12](index=12&type=chunk) [Detailed Financial Results - Three Months Ended September 30, 2025](index=4&type=section&id=Detailed%20Financial%20Results%20-%20Three%20Months%20Ended%20September%2030%2C%202025) Q3 2025 saw revenues increase by **2.3%** to **$4.6 billion**, but gross profit, operating profit, and net earnings all declined year-over-year [Consolidated Results of Operations (Q3)](index=4&type=section&id=Consolidated%20Results%20of%20Operations%20%28Q3%29) For Q3 2025, revenues increased by **2.3%** to **$4,634.4 million**, but gross profit, operating profit, and net earnings all declined Q3 2025 Consolidated Results of Operations | Metric | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :-------------------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Revenues from services | $4,634.4 | $4,530.2 | 2.3% | -1.5% | | Cost of services | $3,865.5 | $3,748.1 | 3.1% | -0.8% | | Gross profit | $768.9 | $782.1 | -1.7% | -5.0% | | Selling and administrative expenses | $702.3 | $711.3 | -1.3% | -5.1% | | Operating profit | $66.6 | $70.8 | -6.1% | -3.5% | | Net earnings | $18.0 | $22.8 | -20.9% | -21.7% | | Net earnings per share - diluted | $0.38 | $0.47 | -18.8% | -19.6% | [Operating Unit Results (Q3)](index=5&type=section&id=Operating%20Unit%20Results%20%28Q3%29) In Q3 2025, Americas and Southern Europe showed reported revenue growth, while Northern Europe and APME declined, with mixed operating profit results Q3 2025 Revenues from Services by Region | Region | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :---------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Americas | $1,098.7 | $1,050.5 | 4.6% | 5.5% | | Southern Europe | $2,205.5 | $2,095.6 | 5.2% | -1.3% | | Northern Europe | $816.8 | $828.3 | -1.4% | -6.7% | | APME | $520.5 | $562.8 | -7.5% | -8.0% | Q3 2025 Operating Unit Profit (Loss) by Region | Region | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :---------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Americas | $37.9 | $36.1 | 5.1% | 4.8% | | Southern Europe | $65.6 | $75.8 | -13.4% | -18.9% | | Northern Europe | $(14.9) | $(25.7) | 42.3% | 72.3% | | APME | $26.8 | $23.0 | 15.9% | 11.4% | - Effective January 1, 2025, segment reporting was realigned to include Morocco business within Other Southern Europe, and France is adjusted to exclude Morocco[16](index=16&type=chunk) [Detailed Financial Results - Nine Months Ended September 30, 2025](index=6&type=section&id=Detailed%20Financial%20Results%20-%20Nine%20Months%20Ended%20September%2030%2C%202025) Year-to-date Q3 2025 saw revenues decline by **1.6%**, with significant drops in gross and operating profit, leading to a net loss of **$43.5 million** [Consolidated Results of Operations (YTD)](index=6&type=section&id=Consolidated%20Results%20of%20Operations%20%28YTD%29) For the nine months ended September 30, 2025, revenues decreased by **1.6%**, gross profit declined, and a net loss of **$43.5 million** was reported due to impairment charges YTD Q3 2025 Consolidated Results of Operations | Metric | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :-------------------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Revenues from services | $13,244.0 | $13,454.2 | -1.6% | -3.2% | | Gross profit | $2,230.9 | $2,331.7 | -4.3% | -5.7% | | Selling and administrative expenses | $2,161.4 | $2,093.9 | 3.2% | 1.7% | | Impairment charges | $88.7 | — | N/A | N/A | | Operating profit | $69.5 | $237.8 | -70.8% | -70.0% | | Net (loss) earnings | $(43.5) | $122.6 | -135.5% | -138.6% | | Net (loss) earnings per share - diluted | $(0.93) | $2.53 | -136.9% | -140.1% | - Impairment charges for the nine months ended September 30, 2025, consist of a goodwill impairment related to investments in Switzerland and the United Kingdom and an impairment of an indefinite-lived intangible asset in the Switzerland business[18](index=18&type=chunk) [Operating Unit Results (YTD)](index=7&type=section&id=Operating%20Unit%20Results%20%28YTD%29) Year-to-date Q3 2025 saw Americas revenues increase, Southern Europe flat, and Northern Europe/APME decline, with mixed operating profit trends across regions YTD Q3 2025 Revenues from Services by Region | Region | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :---------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Americas | $3,215.4 | $3,151.3 | 2.0% | 4.2% | | Southern Europe | $6,188.8 | $6,174.9 | 0.2% | -2.9% | | Northern Europe | $2,342.0 | $2,535.9 | -7.6% | -10.5% | | APME | $1,522.2 | $1,639.3 | -7.1% | -8.4% | YTD Q3 2025 Operating Unit Profit (Loss) by Region | Region | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :---------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Americas | $99.5 | $107.3 | -7.2% | -5.5% | | Southern Europe | $189.1 | $228.9 | -17.4% | -20.2% | | Northern Europe | $(42.2) | $(28.1) | -50.2% | -44.4% | | APME | $73.2 | $67.9 | 7.5% | 4.4% | - Effective January 1, 2025, segment reporting was realigned to include Morocco business within Other Southern Europe, and France is adjusted to exclude Morocco[20](index=20&type=chunk) [Financial Position & Cash Flows](index=8&type=section&id=Financial%20Position%20%26%20Cash%20Flows) Total assets increased to **$8.4 billion** while shareholders' equity decreased, and operating cash flow shifted to a **$283.0 million** net use [Consolidated Balance Sheets](index=8&type=section&id=Consolidated%20Balance%20Sheets) As of September 30, 2025, total assets increased to **$8,446.9 million**, total liabilities rose significantly, and shareholders' equity decreased Consolidated Balance Sheet Highlights | Metric | Sep 30, 2025 (Millions) | Dec 31, 2024 (Millions) | Change (Millions) | | :------------------------------------------ | :---------------------- | :---------------------- | :---------------- | | Total assets | $8,446.9 | $8,201.0 | $245.9 | | Cash and cash equivalents | $274.6 | $509.4 | $(234.8) | | Accounts receivable, net | $4,632.3 | $4,297.2 | $335.1 | | Total current liabilities | $5,123.9 | $4,437.1 | $686.8 | | Short-term borrowings & current maturities of long-term debt | $747.8 | $23.4 | $724.4 | | Long-term debt | $468.3 | $929.4 | $(461.1) | | Total shareholders' equity | $2,011.4 | $2,126.9 | $(115.5) | [Consolidated Statements of Cash Flows](index=9&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) For the nine months ended September 30, 2025, net cash used in operating activities was **$(283.0) million**, a significant shift from the prior year YTD Q3 2025 Cash Flow Highlights | Cash Flow Activity | 2025 (Millions) | 2024 (Millions) | | :------------------------------------ | :-------------- | :-------------- | | Net (loss) earnings | $(43.5) | $122.6 | | Net cash (used in) provided by operating activities | $(283.0) | $61.6 | | Net cash used in investing activities | $(48.7) | $(41.9) | | Net cash provided by (used in) financing activities | $59.5 | $(178.8) | | Change in cash and cash equivalents | $(234.8) | $(170.4) | | Cash and cash equivalents, end of period | $274.6 | $410.9 | - Net cash used in operating activities was **$(283.0) million** in 2025, compared to **$61.6 million** provided in 2024, primarily due to net loss and changes in accounts receivable and other liabilities[24](index=24&type=chunk) - Net cash provided by financing activities was **$59.5 million**, driven by net change in short-term borrowings (**$65.7 million**) and net proceeds from revolving debt facility (**$73.0 million**), partially offset by share repurchases (**$38.2 million**) and dividends paid (**$33.3 million**)[24](index=24&type=chunk)

Core Insights - ManpowerGroup reported a net earnings per diluted share of $0.38 for Q3 2025, down from $0.47 in the same period last year, with net earnings of $18.0 million compared to $22.8 million a year earlier [1][2] - Revenues for the third quarter reached $4.6 billion, reflecting a 2% increase from the prior year [1][12] - The company faced restructuring costs and currency translation losses due to hyperinflation in Argentina, which significantly impacted earnings per share [2][5] Financial Performance - The third quarter's earnings per share, excluding restructuring costs and currency losses, was $0.83, indicating a 39% decrease in constant currency [2] - On a constant currency basis, revenues decreased by 2%, while organic constant currency revenues increased by 1% compared to the prior year [3][12] - For the nine months ended September 30, 2025, net losses were $43.5 million, or $0.93 per basic share, compared to net earnings of $122.6 million, or $2.53 per diluted share in the prior year [5][16] Operational Highlights - The company experienced stabilization in demand in North America and Europe, contributing to improved revenue trends after 11 consecutive quarters of declines [4] - The gross profit margin for Q3 was 16.6%, affected by lower recruitment activity and a shift in business mix [12] - Selling and administrative expenses decreased year-over-year due to additional restructuring actions taken during the quarter [12] Future Outlook - ManpowerGroup anticipates diluted earnings per share for Q4 2025 to be between $0.78 and $0.88, factoring in an estimated favorable currency impact of 8 cents [5] - The company is focused on increasing market share and driving efficiency through structural cost removal initiatives [4]

Core Viewpoint - Wall Street analysts predict that ManpowerGroup (MAN) will report quarterly earnings of $0.82 per share, reflecting a year-over-year decline of 36.4%, while revenues are expected to reach $4.6 billion, an increase of 1.6% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 3.7% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts forecast 'Revenues from Services- Americas' at $1.08 billion, a year-over-year increase of 2.4% [5]. - 'Revenues from Services- APME' are expected to be $518.96 million, reflecting a decline of 7.8% year over year [5]. - 'Revenues from Services- Southern Europe' are projected to reach $2.19 billion, indicating a growth of 4.6% from the previous year [5]. - 'Revenues from Services- Northern Europe' are estimated at $826.53 million, showing a slight decline of 0.2% year over year [6]. - 'Revenues from Services- Southern Europe- Other Southern Europe' are expected to be $540.01 million, with an increase of 8.7% year over year [6]. - 'Revenues from Services- Southern Europe- France' are projected at $1.19 billion, reflecting a growth of 1.2% [7]. - 'Revenues from Services- Americas- United States' are expected to be $702.28 million, indicating a year-over-year change of 0.7% [7]. - 'Revenues from Services- Americas- Other Americas' are projected at $369.92 million, with a year-over-year increase of 4.8% [8]. - 'Revenues from Services- Southern Europe- Italy' are expected to reach $455.61 million, reflecting an increase of 8.7% [8]. Operating Unit Profit Estimates - 'Operating Unit Profit- Americas' is estimated at $36.77 million, compared to $36.10 million reported in the same quarter last year [9]. - 'Operating Unit Profit- APME' is forecasted to be $24.65 million, up from $23.00 million in the previous year [9]. - 'Operating Unit Profit- Northern Europe' is expected to be -$5.98 million, a decline from $6.70 million reported in the same quarter last year [10]. Stock Performance - Over the past month, Manpower shares have recorded a return of -1%, while the Zacks S&P 500 composite has seen a change of +0.4% [10].

Core Insights - Talent Solutions has been recognized as a Leader in Everest Group's 2025 Recruitment Process Outsourcing (RPO) Services PEAK Matrix Assessment for North America, achieving triple-Leader status across multiple regions [1][5] - The recognition comes amid a global workforce shortage, with 74% of employers reporting challenges in filling roles, prompting a shift towards technology-enabled workforce strategies [2][4] Company Overview - Talent Solutions is part of the ManpowerGroup family and focuses on innovative, AI-driven approaches to address talent shortages [1][9] - The company supports clients in North America with over 92,000 hires in 2024, reducing average time-to-fill by up to 40% [4] Technology and Innovation - The PowerSuite™ platform, highlighted by Everest Group, integrates proprietary and partner technologies to enhance recruiting efficiency and candidate experience [4][5] - Talent Solutions employs AI capabilities, including Sophie AI™, to provide predictive insights into talent supply and wage pressures, improving candidate matching [6][9] Strategic Initiatives - Key initiatives include recruitment marketing to strengthen employer brands, strategic workforce planning to forecast talent demand, and reskilling programs to address talent gaps [6][9] - The company emphasizes a total talent approach that combines consulting, recruitment marketing, and AI-powered solutions to proactively address talent shortages [3][5]

Core Insights - ManpowerGroup Inc. (NYSE: MAN) is set to release its Q3 2025 earnings results soon, with the stock having declined approximately 11% recently [1] Company Overview - ManpowerGroup focuses on workforce solutions and has a significant presence in the employment services industry [1] - The company is known for its strong fundamentals and potential for growth, particularly in sectors like technology, infrastructure, and internet services [1] Market Context - The stock's recent decline may indicate market concerns or reactions to broader economic conditions affecting the employment sector [1]

Core Insights - Talent Solutions TAPFIN has been recognized as a Global Leader in Everest Group's 2025 Contingent Workforce Management PEAK Matrix Assessment for the 12th consecutive year, highlighting its sustained excellence in the industry [1][2] - The company has also been acknowledged as a Leader in Services Procurement for the fourth consecutive year, reinforcing its strategic role in workforce management for global organizations [1][2] Investment in Technology and Strategy - TAPFIN's leadership is attributed to its investments in advanced analytics, generative AI, and consulting services, which address emerging buyer demands and transform the extended workforce into a competitive advantage [2][5] - The proprietary platform, Sophie AI, is central to TAPFIN's strategy, converting raw data into actionable workforce strategies and enhancing decision-making through embedded advisory services [3][5] Independent Contractors and Services Procurement - TAPFIN has developed a comprehensive ecosystem for Independent Contractors, integrating AI-enhanced talent curation with predictive compliance monitoring to meet the growing reliance on ICs [4][5] - The company's advanced SOW capabilities provide visibility into project performance, ensuring that services contribute to measurable business outcomes [4][5] Market Position and Recognition - TAPFIN's holistic capabilities and offshore/nearshore delivery model support diverse industries and job families globally, contributing to its recognition as a leader in the CWM space [5] - The continued recognition by Everest Group reflects TAPFIN's operational consistency and its ability to anticipate market evolution in strategic workforce management [5]

Core Insights - The U.S. tech sector remains strong, with a Net Employment Outlook (NEO) of 46% for Q4 2025, despite a slight decline from previous quarters [1][4] - Over half (58%) of U.S. tech employers plan to increase headcount, while only 11% expect reductions, indicating a continued demand for digital skills [2][5] - The demand for digital skills, particularly in areas like AI, cloud migration, and cybersecurity, is reshaping the labor market [2][5] Employment Outlook - The NEO for the U.S. tech sector is 46%, which is 10 points above the global average of 36% [1][4] - The hiring expectations in the U.S. are slightly lower than in countries like Belgium (52%), India (48%), and Canada (47%) [4] Skills Demand - Nearly one in four employers (24%) are hiring specifically to keep pace with digital advancements, highlighting the importance of digital skills in the current labor market [2][3] - The rising bar for skills is attributed to advancements in AI, which is seen as a tool for enhancement rather than a replacement for human jobs [3] Challenges for Employers - The tech sector faces challenges such as attracting qualified talent (41%), improving candidate experience (37%), and filling complex tech roles (36%) [9]