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Adecco

Adecco S.A. is the largest human resources company in the world, based in Glattbrugg, Switzerland. The Adecco Group network connects over 700,000 associates with clients each day through its network of over 36,500 employees (FTEs) and over 6,700 offices in over 60 countries and territories around the world. The company was formed in 1996 as a result of the merger of the French company Ecco and the Swiss company Adia Interim.

Company History

1996: The two leading personnel services firms, with complementary geographical profiles, merge to form a strong global leader with annualised revenues of over EUR 5.4 billion. Operations are combined to form a global network of 2,500 branches. The new company has an exceptional range and quality of services. The core staffing business places around 250,000 associates in work each day.

2000: Adecco acquires Olsten Staffing, becoming the number one recruitment company in the U.S. The merged company generates combined revenues of over EUR 17 billion.

2000: A new phase of investment in technology combines the power of the web with the branch network to transform the recruitment experience, reinforcing Adecco's position as the most efficient provider in the industry. Web "clicks" enable clients and candidates to search more effectively, automating the matching, payment and billing. The "bricks" of the office network continue to provide local visibility and insight.

2002: Recognising the growing need for professional and expert services as well as the growing importance of attracting talent, Adecco consolidates its businesses under three leading names and creates three dedicated global divisions to deliver its services.

2005: After a strategy review, Adecco makes a commitment to expand through realignment across six professional business lines defined by occupational fields, by this complementing its office and industrial core business. Adecco now provides all services under one name.

2006: Following the acquisition of DIS AG, Germany, Dieter Scheiff assumes the position of Chief Executive Officer, Adecco Group. Dominik de Daniel becomes Chief Financial Officer.

2007: The annual shareholders' meeting approves the nomination of Jürgen Dormann, former Vice Chairman, as Chairman of the Board. Rolf Dörig becomes Vice-Chairman. Klaus J. Jacobs, the co-founder of Adecco, hands back his mandate, having reached the statutory retirement age.

Company data

Revenue (2007): EUR 21,090 bn
Brand equity (2005): CHF 1.5 bn (source: Swiss business publication "Bilanz")
Employees worldwide: about 37,000 full-time-equivalent employees (2007)
Customer contact: Over 150,000 clients every day
Associates on assignment daily: over 700,000

Adecco S.A. is a Fortune Global 500 company and the global leader in HR services. The Adecco Group network connects over 700,000 associates with clients each day through its network of over 36,500 employees (FTEs) and over 6,700 offices in over 60 countries and territories around the world. Registered in Switzerland, and managed by a multinational team with expertise in markets spanning the globe, the Adecco Group delivers an unparalleled range of flexible staffing and career resources to clients and associates.