Adecco

Adecco provides human resources solutions worldwide. It operates through three divisions: Adecco Staffing, Ajilon Professional, and LHH Career Services. The Adecco Staffing division provides flexible temporary staffing and permanent placement services to a range of businesses and industries, including the banking, and pharmaceutical sectors. The Ajilon Professional division offers temporary staffing, permanent placement, and consulting services primarily in the areas of information technology and finance. The LHH Career Services provides outplacement and career counseling to employees in transition, together with leadership development and organizational consulting. As of January 2, 2005, the Adecco Staffing division operated in 70 countries from a network of approximately 5,600 branches.

Adecco SA
Sgerei Strasse 10
Glattbrugg, CH-8152
Phone: 41 1 878 8888
Fax: 41 1 829 8888

Adecco delays results again

The world’s largest employment agency, Adecco, has again delayed the release of its 2003 results, saying an independent audit has yet to be completed.

Adecco gave no new date for the release of the figures, which had been due out on Tuesday.

The company repeated in a statement that bookkeeping problems discovered earlier this year had had little impact on its finances

Adecco Investigation Continues

Swiss market authorities have launched an investigation into insider dealing at Adecco, the world’s largest employment firm, which saw its stock plunge by a third last week.

The Federal Banking Commission said it had launched a “preliminary investigation”, working alongside the US Securities and Exchange Commission, which is conducting its own inquiries. Felix Weber, who resigned as chief financial officer last week, took full responsibility for the accounting problems