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Kelly Svcs Inc - KELYA STOCK NEWS

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Overview of Kelly Services Inc

Kelly Services Inc (KELYA) is a global workforce solutions company that has been at the forefront of the temporary staffing industry since its inception in 1946. With a longstanding reputation built on a commitment to investing in people, the company offers comprehensive talent solutions, staffing services and consulting across a wide range of industries, including science, engineering, technology, education, manufacturing, retail, finance, and energy.

Business Model and Core Services

Kelly Services delivers multifaceted workforce solutions through multiple specialized business segments:

  • Professional & Industrial: Focused on delivering skilled talent to diverse sectors through staffing services, direct placement and outcome-based approaches.
  • Science, Engineering & Technology: Providing specialized talent to high-demand sectors that require technical expertise and innovative skills.
  • Education: Offering tailored staffing solutions and workforce services specifically designed to address the needs of educational institutions and related fields.
  • Outsourcing & Consulting: Featuring a range of services that include managed service provider arrangements, recruitment process outsourcing, and broader talent advisory services.
  • International: Extending the company’s global reach by delivering locally tailored recruitment solutions and RPO services in various markets.

Global Reach and Industry Expertise

Throughout more than 70 years, Kelly Services has cultivated deep industry expertise and built a robust network of suppliers and partners around the world. This global presence enables the company to provide flexible and customized staffing solutions that meet the evolving demands of an ever-changing labor market. The company leverages its in-depth knowledge of local and global markets to address workforce challenges with strategic efficiency and innovative practices.

Innovation and Adaptability

Kelly Services’ history is marked by continuous innovation and a focus on providing precise staffing solutions that adapt to varying business needs. Its strategic initiatives, including selective acquisitions and portfolio optimization, have strengthened its offerings in areas such as recruitment process outsourcing (RPO) and managed service provider (MSP) solutions. These efforts ensure that clients have access to talent solutions designed for higher-margin, outcome-based performance across multiple industries.

Competitive Landscape

Operating in a competitive market, Kelly Services differentiates itself through its extensive industry expertise, diverse service offerings and long-established track record. By emphasizing adaptable, client-focused solutions, the company remains well-equipped to meet the workforce challenges of both local and international markets. This strategic positioning allows Kelly Services to maintain its relevance and authority within the global staffing industry.

Commitment to Clients and Talent

At its core, Kelly Services is driven by a commitment to both clients and job seekers. The company’s mission involves connecting skilled professionals with meaningful work opportunities while helping businesses manage their workforce needs efficiently. Its people-first approach is reflected in its tailored solutions and focus on long-term value creation, ensuring that every engagement is driven by expertise, operational excellence and a clear understanding of market dynamics.

Summary

Kelly Services Inc stands as a testament to sustained innovation in the staffing and workforce solutions sector. Its diverse portfolio, global presence and ongoing commitment to innovation make it a critical player for businesses seeking comprehensive talent management solutions. The company’s dedication to quality, flexibility and strategic insight solidifies its position as an authoritative resource in the staffing industry.

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Dr. Aimee Green-Webb, the chief human resources officer for Kentucky’s Jefferson County Public Schools, was honored with the Distinguished Service Award at the 2024 Chief Human Resources Officers Meeting. Sponsored by Kelly Education, the award recognizes her exceptional contributions to urban education and her leadership in recruitment, staffing, and retention for the nation’s 30th largest school district.
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Kelly has been named to FlexJobs’ annual list of the Top 100 Companies to Watch for Remote Jobs for the eleventh consecutive year. The global workforce solutions provider is one of only six employers to have been recognized every year since the list’s inception in 2014. The list is based on an analysis of approximately 60,000 companies and their remote job posting histories in the FlexJobs database between Jan. 1 and Dec. 31, 2023. Kelly is one of 100 companies that had the highest number of remote job openings throughout 2023. A 'remote job' is defined as a professional-level role that allows the employee to work from home either entirely or part of the time. The recognition comes after Kelly was also ranked by FlexJobs as the No. 2 company for hybrid jobs in 2023. According to FlexJobs, 95% of workers want some form of remote work moving forward, and there has been an 11% increase in the number of remote job listings in 2023 over 2022.
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Kelly, a global specialty talent solutions provider, will release its Q4 earnings on February 15, 2024, and host a conference call at 9 a.m. ET. The financial presentation will be available on the Investor Relations page of its website. Access to the conference call and recording details are provided in the press release.
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Kelly (Nasdaq: KELYA, KELYB) completes the sale of its European staffing business to Gi Group Holdings S.P.A. to sharpen its focus on higher margin, higher growth global managed service provider (MSP) and recruitment process outsourcing (RPO), and North American specialty outcome-based and staffing services. The cash proceeds from the sale will be redeployed in pursuit of growth through organic and inorganic investments.
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Kelly (Nasdaq: KELYA, KELYB) to Participate in 19th Annual Noble Capital Markets Emerging Growth Equity Conference
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American Education Week: Importance of Supporting U.S. Schools and Institutions
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Kelly - Recognized as 2024 Military Friendly® Employer and Military Friendly® Spouse Employer. The company has been honored for its commitment to recruiting and promoting veterans and their spouses. Kelly partners with various military organizations and has hired more than 6,600 veterans in 2023.
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Kelly (Nasdaq: KELYA, KELYB) announced break-even Q3 operating earnings, up 60% to $15.5 million on an adjusted basis. Q3 revenue down 4.3% or 5.8% in constant currency. Adjusted EBITDA margin increased to 2.3% from 1.6% in the prior year due to reduced operating expenses. Sale of European staffing operations and growth initiatives expected to drive further margin expansion.
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Kelly, a global specialty talent solutions provider, has entered into an agreement to sell its European staffing business to Gi Group Holdings for up to €130 million. The transaction is expected to close in Q1 2024. Kelly will retain its managed service provider, recruitment process outsourcing, and functional service provider business in the EMEA region. The sale will enable Kelly to focus on higher margin, higher growth solutions and unlock capital for organic and inorganic growth.
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Kelly, a specialty talent solutions provider, will release its Q3 earnings on November 9, 2023. A financial presentation will be published on the Investor Relations page of its website and a conference call will be held at 9 a.m. ET. Access details provided.
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FAQ

What is the current stock price of Kelly Svcs (KELYA)?

The current stock price of Kelly Svcs (KELYA) is $11.18 as of April 18, 2025.

What is the market cap of Kelly Svcs (KELYA)?

The market cap of Kelly Svcs (KELYA) is approximately 401.2M.

What core services does Kelly Services Inc provide?

Kelly Services Inc offers comprehensive workforce solutions including temporary staffing, permanent placement, and consulting services across multiple industries.

In which industries does Kelly Services operate?

The company serves a variety of sectors such as science, engineering, technology, education, manufacturing, retail, finance, and energy.

What are the main business segments of Kelly Services?

Kelly Services operates through several segments: Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International.

How does Kelly Services differentiate itself in the staffing industry?

With over 70 years of industry experience, Kelly Services leverages a global network and deep market expertise to deliver customized and flexible staffing solutions.

What type of staffing services does Kelly Services offer?

The company provides a range of staffing services including temporary staffing, permanent placements, recruitment process outsourcing (RPO) and managed service provider (MSP) solutions.

How does Kelly Services support global talent solutions?

Kelly Services has built a strong international network that enables it to tailor local recruitment solutions while maintaining high standards of global service delivery.

What is Kelly Services' approach to workforce flexibility?

They invest in people through personalized staffing solutions that adapt to the specific needs of clients, ensuring that businesses have the right talent at the right time.

How has Kelly Services maintained its market position over the years?

By continuously innovating, optimizing its service portfolio, and focusing on client and talent partnerships, Kelly Services has built a reputation for reliability and adaptiveness in the staffing industry.
Kelly Svcs Inc

Nasdaq:KELYA

KELYA Rankings

KELYA Stock Data

401.21M
30.18M
4.15%
99.66%
2.22%
Staffing & Employment Services
Services-help Supply Services
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United States
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