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Synergie says revenue up 1%

February 4, 2009

Synergie SA, a Paris-based staffing firm with operations in Europe and Canada, said revenue rose 1% to euro1.2 billion (US$1.69 billion) in 2008. The increase was 2.5% in constant currency. Synergie said its outplacement division's revenue rose 39.5% in 2008. It also acquired Dutch staffing fir...


ASA index falls in January

February 4, 2009

The American Staffing Associations' index measuring temporary employment fell to 73 the week of Jan. 12 from a reading of 81 in the week of Dec. 15. The index measures changes in the number of temporary and contract workers both weekly and monthly. The index's baseline value of 100 was set in Jun...


Comsys plans goodwill impairment charge

February 3, 2009

Comsys IT Partners (NASD: CITP)said it will take a noncash charge for goodwill impairment in the fourth quarter and expects to report a loss for the quarter and the year ended Dec. 28. The charge will cover some or all of the $175.0 million in goodwill the company had as of Sept. 28. The impair...


ABR buys the Kinsa Group

February 3, 2009

ABR Employment Services, a Madison WI-based staffing firm, announced Monday it completed its acquisition of the Kinsa Group and iHobNob.com. The Kinsa Group is a Franklin WI-based executive search firm specializing in the food and beverage industry, and iHobNob.com is a job board for the food a...


Manpower fourth-quarter revenue falls 18.5%

February 3, 2009

Manpower Inc. (NYSE: MAN), one of the world's largest staffing firms, announced today that fourth-quarter revenue fell 18.5% year-over-year to $4.59 billion. In constant currency, the decrease was 10.0%. The fourth quarter included a $37.2 million reorganization charge related to office closures...


Kforce to take noncash charge

February 3, 2009

Kforce Inc. (NASD: KFRC) said Monday it will take a noncash impairment charge of $130 million to $145 million in the fourth quarter, but that fourth-quarter revenue before the charge will come in above its guidance of $230 million to $238 million. The noncash charge is based on goodwill and other...


Manpower fourth-quarter revenue falls 18.5%

February 3, 2009

Manpower Inc. (NYSE: MAN), one of the world's largest staffing firms, announced today that fourth-quarter revenue fell 18.5% year-over-year to $4.59 billion. In constant currency, the decrease was 10.0%. The fourth quarter included a $37.2 million reorganization charge related to office closure...


Allied Healthcare revenue down 17.7%

February 3, 2009

Allied Healthcare International Inc. (NASD: AHCI) said revenue fell 17.7% year-over-year to $61.5 million in its fiscal first quarter ended Dec. 31. On a constant currency basis, however, revenue rose 6.8%. Gross margin at the New York-based healthcare staffing firm, which gets all its revenue...


PEO revenue up 13.7% at ADP

February 3, 2009

Professional employer organization revenue at Automatic Data Processing Inc. (NYSE: ADP) rose 13.7% year-over-year to $283.4 million in its fiscal second quarter ended Dec. 31, 2008, the company reported today. ADP said the average number of worksite employees in its PEO services program rose 1...


Heidrick buys Warsaw office

February 3, 2009

Heidrick & Struggles International Inc. (NASD: HSII) completed its acquisition of the Warsaw, Poland, office of executive search firm Ray & Berndtson. The acquisition increased the number of Heidrick consultants in the region by seven.