Welcome to our dedicated page for Manpowergroup news (Ticker: MAN), a resource for investors and traders seeking the latest updates and insights on Manpowergroup stock.
ManpowerGroup (MAN) is a global leader in innovative workforce solutions, connecting talent with opportunity across 70+ countries. This page serves as the definitive source for all official company announcements, press releases, and market developments.
Investors and industry professionals will find curated updates including earnings reports, strategic partnerships, leadership changes, and technology innovations in talent management. Our collection spans critical areas such as reskilling initiatives, global employment trends, and operational expansions that shape the future of work.
Regular updates provide insights into MAN's role in addressing workforce challenges through its Experis, Manpower, and Talent Solutions brands. Discover how the company strategies align with evolving labor markets and digital transformation in HR services.
Bookmark this page for streamlined access to verified information directly impacting MAN's market position and the broader employment services sector. Check back frequently for real-time updates essential for informed decision-making.
The ManpowerGroup's 2022 Total Workforce Index™ ranks the U.S., Singapore, and Canada as the top markets for talent acquisition, analyzing over 200 factors including workforce availability, regulatory environments, and productivity. The report highlights that 75% of companies face talent shortages, marking a 16-year high. New factors introduced include cost of living indices and wage inflation rates. The report emphasizes the need for companies to adapt to a digital economy by becoming employers of choice and focusing on younger talent pools to navigate the competitive job landscape.
ManpowerGroup has launched a national Registered Apprenticeship Program for Cybersecurity Analysts, addressing the significant national cyber talent shortage. This initiative, part of a White House-sponsored project, will be managed by Experis, ManpowerGroup's IT brand. The program allows apprentices to learn at their own pace while earning recognized credentials. With a proven success rate, companies using apprenticeships report an average $1.47 return on every $1 invested. This move aims to enhance the workforce's skills amid escalating cybersecurity demands.
ManpowerGroup (NYSE: MAN) has elected Muriel Pénicaud to its Board of Directors, effective December 12, 2022. Pénicaud, former French Ambassador to the OECD and Minister of Labor, brings extensive knowledge of global labor markets and leadership experience in the consumer goods sector. Her roles include CEO of Business France and Senior Executive VP of Danone, focusing on HR. Pénicaud’s appointment aims to strengthen the company’s commitment to sustainability, inclusivity, and workforce development, aligning with its global strategy to deliver stakeholder value.
The Board of Directors of ManpowerGroup (NYSE: MAN) has declared a semi-annual dividend of $1.36 per share. This dividend is payable on December 15, 2022, to shareholders of record as of the close of business on December 1, 2022. ManpowerGroup, a leader in global workforce solutions, continues to demonstrate commitment to its shareholders through consistent dividend payments. The company has been recognized for its ethical practices and diversity initiatives, further enhancing its reputation in the workforce industry.
ManpowerGroup reported third-quarter revenues of $4.8 billion, reflecting a 7% decline year-over-year but a 5% increase on a constant currency basis. Net earnings rose to $2.13 per diluted share, up from $1.77 in the prior year. The gross profit margin improved to 18.3%, driven by a stronger performance in the Experis and Talent Solutions brands. The company repurchased $85 million in stock and eliminated $50 million in debt. Despite a challenging environment, ManpowerGroup anticipates earnings per share between $2.11 and $2.19 for Q4.
Experis, part of ManpowerGroup (NYSE: MAN), has partnered with Cisco (NASDAQ: CSCO) to provide IT training globally for various learners, aiming to support those transitioning into IT roles. Amid a talent shortage where over 75% of IT employers struggle to fill positions, this initiative seeks to train and place over 1,000 individuals in IT jobs within the first year. Courses will cover essential areas like Cybersecurity and Programming. The collaboration features the Experis MITEY Matcher, an AI job platform to help users connect their new skills with employment opportunities.
On Oct. 13, 2022, Jefferson Wells released its 2022 CFO Priorities Survey, revealing the top concerns of over 200 CFOs in the U.S. The survey indicated that digitization, talent retention, and cybersecurity are key priorities. Notably, 35% of CFOs ranked cybersecurity as their primary concern, with 60% actively involved in their company's cyber risk strategies. The survey also highlighted that 57% of CFOs anticipate a hybrid workforce and face challenges in maintaining corporate culture and team communication.
ManpowerGroup (NYSE: MAN) plans to release its 3rd quarter earnings results before the market opens on October 20, 2022. A live webcast discussing the results will follow at 7:30 a.m. CT. Interested parties can access the webcast through the company's website. A replay of the webcast will be available starting at 10:30 a.m. CT the same day and will remain accessible for 30 days.
ManpowerGroup and UiPath announced an expansion of their strategic partnership to enhance go-to-market automation solutions across finance, HR, and IT sectors. The collaboration aims to accelerate workforce solutions that integrate automation, aiming to mitigate talent shortages and improve productivity globally. According to the ManpowerGroup Employment Outlook Survey, 45% of employers plan to hire more workers, particularly in digital roles. The partnership positions them to address pressing workforce needs while helping businesses achieve greater efficiency through automation.
