Job placement company Kelly Services furloughs some staff, suspends dividend [MarketWatch]

Kelly Services, Inc. - Class A (KELYA)
Last kelly services, inc. - class a earnings: 2/13 07:30 am
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US:NASDAQ Investor Relations:
ir.kellyservices.com/investor-relations
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Source: MarketWatch
Kelly Services Inc. said it was taking several actions in response to labor market disruptions caused by the COVID-19 pandemic, including furloughing and redeployment of some employees, suspending its dividend, cutting pay for full-time salaried employees and senior management by 10% and suspending its 401(k) match. The company said its board supported a draw-down from the company's credit facility. Shares of job placement company dropped 7.1% in morning trading. Among some of its staffing services peers, shares of ManpowerGroup gave up 4.8% and Robert Half International Inc. lost 3.8%. Kelly had most-recently paid a quarterly dividend of 7.5 cents a share in February. "In light of the current uncertain environment, we took additional
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KELYA
News
- Kelly to Participate in Sidoti Virtual Investor ConferenceGlobeNewswire
- State of Wisconsin Approves Kelly Education to Provide Substitute Teacher Certificate TrainingGlobeNewswire
- RefAssured Creates Revenue and Redeployment Engine for Staffing Industry with Platform ExpansionPR Web
- Kelly Establishes Integrated Permanent Hiring Solutions Business Line Across KellyOCG and SevenstepGlobeNewswire
- Interested In Kelly Services' (NASDAQ:KELY.A) Upcoming US$0.075 Dividend? You Have Two Days Left [Yahoo! Finance]Yahoo! Finance
KELYA
Earnings
- 2/13/25 - Beat
KELYA
Sec Filings
- 4/1/25 - Form 4
- 4/1/25 - Form SCHEDULE
- 3/31/25 - Form 4
- KELYA's page on the SEC website