This blows my mind -- six of the top 10 staffing agencies (based on global staffing revenue in U.S.) are foreign-owned. I guess I should be glad, since Von Bergen is a Swiss name, that Adecco, the number one company with annual sales of $29.36 billion in the U.S., has its headquarters in Glattbrugg, Switzerland. Number two, Randstad Holding, with $25.27 billion is based in the Netherlands, as is number four USG People, with $5.92 billion. This is from a list in Workforce Management magazine, one of my favorite "trades." The magazine sourced it from Staffing Industry Analysts, a unit of Crain Communications, which publishes the magazine.
Among the top 20, seven are based in the U.S. They are Manpower Inc. in Milwaukee, number three at $21.17 billion; Allegis Group, number five at $5.74 billion in Hanover, Maryland; the famous Kelly Services Inc. of Troy, Michigan, number six at $5.52 billion and California's Robert Half International ranked ninth at $4.03 billion. Numbers 13 and 15 are from Florida, MPS Group in Jacksonville at $2.22 billion and Spherion Corp. in Fort Lauderdale at $2.19. Volt Information Sciences, Westbury, N.Y., is number 17 at $2.04 billion.
Four groups are based in Tokyo, three in France and three in England. Philadelphia's CDI Corp., which had an abysmal quarter, owns a British staffing company that is under investigation. As I've written before, a pick-up in hiring through staffing companies will herald a change in the economy.