Revenue rose 2% in July and August at The Adecco Group on an organic basis and adjusted for trading days, the company reported in an update today at its Analyst and Investor Seminar in London. The world’s largest staffing firm also reported volume trends in early September indicate a slight deceleration compared to the first two months of the third quarter.

“Recent trading has been more challenging than expected, driven by Continental Europe,” CEO Alain Dehaze said. “We are already taking the appropriate measures to adjust our costs to reflect this lower growth environment. Our commitment to the group’s transformation and digitization remains unchanged.”

In Germany, revenue growth continues to be affected by the consolidation of the Adecco and Tuja general staffing brands. Adecco stated that in the markets, such as France, where its “Perform, Transform and Innovate” strategy is most well established, the company continues to see solid performances.

The company is also in a multi-year process of updating its technology. Recently, the company acquired online direct hire platform Vettery and acquired online training platform General Assembly.

Shares in Adecco fell 6.2% to 54.16 Swiss francs on Wednesday. It had a market cap of 9.03 billion Swiss francs.