Illegal temps upset the French trade unions, and those trade unions want to upset the French staffing industry. My take is this is a risky time for temp agencies including the global players like Manpower, Vedior and Adecco that make a lot of their money in France. The push is to ‘upset the staffing market cart’ …eliminating the middle man. Sarkozy, Napoleonic man of action that he is, might buy into this. Short your global staffing stocks if you follow this line of thinking.
Illegal Temps Upset French Labor Unions
Written by Gregg Dourgarian