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Netherlands – ManpowerGroup looking to increase market share

18 October 2013

ManpowerGroup intends to expand their market share in the Netherlands in the near future and they have not ruled out further acquisitions in order to reach their goal, American CEO Jeffrey Joerres said in an interview with RLT Z.

However, according to Mr Joerres, the company would prefer organic growth over the acquisitive route. He said, “If we can achieve [market share] growth organically it is ultimately better for our shareholders and customers.”

The US-based recruitment firm is currently one of the top five recruitment companies in the Netherlands, in terms of revenue but dwarfed by market leader Randstad. The Dutch market is relatively fragmented with a large number of small recruitment firms. In recent months there has been a high number of these firms declaring bankruptcy, as the staffing industry in the Netherlands remains weak.    

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