PeopleScout, a leading provider of end-to-end recruitment process outsourcing (RPO) and employee retention solutions, reported strong second-quarter results, driven largely by several new multi-million dollar client engagements. Also, scope expansions within the existing client base were a key contributing factor, as nearly 80 percent of the current clients have expanded their relationship with PeopleScout in the past 12 months.
ìWeíre very pleased with the double-digit sequential quarterly growth that PeopleScout delivered in the second quarter,î said Patrick Beharelle, Chief Operating Officer for Chicago-based SeatonCorp, PeopleScoutís parent company. ìThe strong growth that PeopleScout achieved in Q2 is very encouraging, particularly given the softened hiring needs in several industry sectors.î
PeopleScout President Karen Browne added, ìWe remain quite bullish on the RPO industryís growth prospects, as an increasing number of companies look to outsource all or part of their recruiting function to best-in-class providers. Weíve seen a significant uptick over the last 60 days in the number of interested RPO buyers across many industries. Looking ahead, PeopleScout fully expects to achieve significant sequential quarterly growth in the third and fourth quarters.î
PeopleScout reported strong second-quarter results
PeopleScout reported strong second-quarter results, driven largely by several new multi-million dollar client engagements
