Segment Data

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Segment Data

(15) Segment Data

Effective January 1, 2025, our segment reporting was realigned to include our Morocco business within Other Southern Europe. Accordingly, France is now adjusted to exclude Morocco. All previously reported results have been recast to conform to the current year presentation.

Our chief operating decision maker ("CODM") is our Chief Executive Officer, who evaluates the performance of our operating segments using OUP. OUP serves as the measure of profitability for monitoring actual results against budgeted expectations as well as investment and resource allocation among our segments. In addition, the CODM utilizes OUP in conducting competitive analysis, benchmarking our performance against that of our competitors and determining compensation.

We are organized and managed primarily on a geographic basis. Each country and business unit generally has its own distinct operations and management team, providing services under our global brands and maintains its own financial reports. Each operation reports directly or indirectly through a regional manager to a member of executive management. Given this reporting structure, we operate using the following reporting segments: Americas, which includes United States and Other Americas; Southern Europe, which includes France, Italy and Other Southern Europe, Northern Europe, and APME.

The segments derive a majority of their revenues from our staffing and interim services. The remaining revenues within these segments are derived from our outcome-based solutions and consulting services, permanent recruitment services, outplacement services, talent management services and other services. Segment revenues represent sales to external clients. We provide services to a wide variety of clients, none of which individually comprise a significant portion of revenues for us as a whole. Due to the nature of our business, we generally do not have export sales.

Three Months Ended June 30, 2025	Revenue			Cost of Services			Selling and Administrative Expenses			OUP
Americas:
United States(a)	$	674.1		$	498.2		$	156.2		$	19.7
Other Americas		385.9			326.9			42.6			16.4
		1,060.0			825.1			198.8			36.1
Southern Europe:
France		1,149.3			983.0			134.0			32.3
Italy		475.9			400.4			43.7			31.8
Other Southern Europe		524.1			455.6			59.3			9.2
		2,149.3			1,839.0			237.0			73.3
Northern Europe		794.4			663.7			139.7			(9.0	)
APME		525.3			435.3			63.6			26.4
Total Segments		4,529.0			3,763.1			639.1			126.8
Intercompany Eliminations		(9.7	)		(7.5	)		(2.2	)		—
	$	4,519.3		$	3,755.6		$	636.9		$	126.8
Reconciliation of operating unit profit (segment OUP)
Corporate expenses										$	(55.1	)
Impairment charges (b)											(88.7	)
Intangible asset amortization expense (c)											(8.3	)
Operating loss											(25.3	)
Interest and other expenses, net											(16.5	)
Loss before income taxes										$	(41.8	)

(a)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $2.6 for the three months ended June 30, 2025.

(b)Impairment charges for the three months ended June 30, 2025 consist of a goodwill impairment related to our investments in Switzerland and the United Kingdom and an impairment of an indefinite lived intangible asset in our Switzerland business.

(c)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses and shown separately.

Three Months Ended June 30, 2024	Revenue			Cost of Services			Selling and Administrative Expenses		OUP
Americas:
United States(a)	$	697.0		$	514.3		$	155.3	$	27.4
Other Americas		367.4			304.7			45.0		17.7
		1,064.4			819.0			200.3		45.1
Southern Europe:(b)
France		1,164.1			996.9			127.4		39.8
Italy		434.9			360.1			40.8		34.0
Other Southern Europe		499.0			433.9			55.7		9.4
		2,098.0			1,790.9			223.9		83.2
Northern Europe		837.3			690.6			149.1		(2.4	)
APME		541.4			454.7			61.7		25.0
Total Segments		4,541.1			3,755.2			635.0		150.9
Intercompany Eliminations		(20.4	)		(20.4	)		—		—
	$	4,520.7		$	3,734.8		$	635.0	$	150.9
Reconciliation of operating unit profit (segment OUP)
Corporate expenses									$	(41.7	)
Intangible asset amortization expense(c)										(8.1	)
Operating profit										101.1
Interest and other expenses, net										(8.7	)
Earnings before income taxes									$	92.4

(a)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $3.2 for the three months ended June 30, 2024.

(b)Effective January 1, 2025, our segment reporting was realigned to include our Morocco business within Other Southern Europe. Accordingly, France is now adjusted to exclude Morocco. All previously reported results have been recast to conform to the current year presentation.

(c)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses and shown separately.

Six Months Ended June 30, 2025	Revenue			Cost of Services			Selling and Administrative Expenses			OUP
Americas:
United States(a)	$	1,362.9		$	1,015.2		$	316.7		$	31.0
Other Americas		753.8			640.1			83.1			30.6
		2,116.7			1,655.3			399.8			61.6
Southern Europe:
France		2,115.0			1,807.9			253.8			53.3
Italy		873.7			734.1			83.2			56.4
Other Southern Europe		994.6			862.9			117.9			13.8
		3,983.3			3,404.9			454.9			123.5
Northern Europe		1,525.2			1,268.1			284.4			(27.3	)
APME		1,001.7			833.3			122.0			46.4
Total Segments		8,626.9			7,161.6			1,261.1			204.2
Intercompany Eliminations		(17.3	)		(14.0	)		(3.3	)		—
	$	8,609.6		$	7,147.6		$	1,257.8		$	204.2
Reconciliation of operating unit profit (segment OUP)
Corporate expenses										$	(96.2	)
Impairment charges (b)											(88.7	)
Intangible asset amortization expense (c)											(16.4	)
Operating profit											2.9
Interest and other expenses, net											(28.0	)
Loss before income taxes										$	(25.1	)

(a)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $4.8 for the six months ended June 30, 2025.

(b)Impairment charges for the six months ended June 30, 2025 consist of a goodwill impairment related to our investments in Switzerland and the United Kingdom and an impairment of an indefinite lived intangible asset in our Switzerland business.

(c)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses and shown separately.

Six Months Ended June 30, 2024	Revenue			Cost of Services			Selling and Administrative Expenses		OUP
Americas:
United States(a)	$	1,377.4		$	1,015.8		$	322.2	$	39.4
Other Americas		723.4			601.4			90.2		31.8
		2,100.8			1,617.2			412.4		71.2
Southern Europe:(b)
France		2,263.4			1,935.1			255.8		72.5
Italy		839.2			696.5			81.3		61.4
Other Southern Europe		976.7			846.7			110.8		19.2
		4,079.3			3,478.3			447.9		153.1
Northern Europe		1,707.6			1,410.9			299.1		(2.4	)
APME		1,076.5			908.2			123.4		44.9
Total Segments		8,964.2			7,414.6			1,282.8		266.8
Intercompany Eliminations		(40.2	)		(40.2	)		—		—
	$	8,924.0		$	7,374.4		$	1,282.8	$	266.8
Reconciliation of operating unit profit (segment OUP)
Corporate expenses									$	(83.4	)
Intangible asset amortization expense(c)										(16.4	)
Operating profit										167.0
Interest and other expenses, net										(17.1	)
Earnings before income taxes									$	149.9

(a)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $5.6 for the six months ended June 30, 2024.

(b)Effective January 1, 2025, our segment reporting was realigned to include our Morocco business within Other Southern Europe. Accordingly, France is now adjusted to exclude Morocco. All previously reported results have been recast to conform to the current year presentation.

(c)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses and shown separately.