Adecco CEO sees only limited impact of artificial intelligence on jobs market

Adecco AG

06/11/2025 06:56

ZURICH, Nov 6 (Reuters) - Staffing company Adecco ADEN.S has so far seen only a limited impact of artificial intelligence on the jobs market, Chief Executive Denis Machuel said on Thursday.

"There are some layoffs that are mentioned by our clients related to AI, but I wouldn't call it a massive wave," said Machuel after Adecco reported its Q3 earnings.

"I would say the impact on the labour market is still early stage. We see some impact but if I look at the layoffs, some are more related to other arbitration, productivity improvement, not necessarily related to AI," he added.

 (Reporting by John Revill
Editing by Ros Russell)

 ((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: john.revill.thomsonreuters.com@reuters.net))