Macroeconomic ChallengesQ3/25 results were below expectations, with management noting that macroeconomic dynamics had an increased negative impact on Kelly’s performance during the quarter—including global and domestic policy shifts, a sluggish labor market, and the AI boom.
Market-Related Demand HeadwindsKelly’s information technology (IT) staffing and workforce solutions business within the SET segment, as well as other competitors in this space, are currently facing market-related demand headwinds.
Revenue DeclineQ3/25 revenue of $935.0 million declined -9.9% YOY, below company guidance for a decrease in the range of -5% to -7% YOY.