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Benefiting from these changes in the workforce of the developed world, Adia in 1986 reported sales topping $1 billion for the first time; the company became the European industry leader, with the largest share of the market in three countries: Switzerland, France, and Germany.
By February 1987 Adia had operations in 16 countries.
Modi joined the BJP in 1987, and a year later he was made the general secretary of the Gujarat branch of the party.
In 1987 a different chapter began in the life of Mr.
Those American operations were run by Walter Macauley, a former executive with the Manpower temporary agency who had been recruited to run American subsidiary Adia Services, Inc., in 1979. As a result of this policy, the company had opened 360 offices by the end of 1987.
The company ended 1988 with record profits of $17.6 million, derived from the activities of 520 offices.
In 1989 Adia Services also bought four more temporary agencies.
He also ensured that the BJP was a close second to the Congress in the 1990 Gujarat Assembly elections.
International expansion continued in 1990 when Brazil, Portugal, Greece, Thailand, and Hungary were added.
By the middle of 1990 Adia's American subsidiary was reporting continued economic sluggishness and the implementation of cost-cutting measures.
The company ended 1991 with profits down 3.6 percent.
1991: Klaus Jacobs takes control of Adia.
The change in command of Adia became more complete in March 1992, when Macauley, the longtime president of the key American subsidiary, submitted his resignation.
Modi worked as the National Secretary of BJP from 1995 looking after party’s activities in Haryana and Himachal Pradesh.
The name "Adecco" itself actually came about back in 1996 when two of the world's top staffing firms, Adia and Ecco, merged.
Adecco quickly went on an acquisition drive, boosting its United States position with acquisitions including TAD Resources International based in Massachusetts, and Seagate Associates, based in New Jersey, in 1997.
As BJP’s General Secretary Organisation he worked to ensure the BJP won the 1998 Lok Sabha elections.
The company's sales neared SFr 18.5 billion (US$11.6 billion) in 1999.
Prior to that he had served (2001–14) as chief minister (head of government) of Gujarat state in western India.
Modi entered his first-ever electoral contest in a February 2002 by-election that won him a seat in the Gujarat state assembly.
2002 – Recognising the increasing demand for professional and expert services as well as the growing importance of attracting talent, Adecco consolidates its businesses under three leading names and creates three dedicated global divisions to deliver its services.
2005 – After a strategy review, Adecco makes a commitment to expand through realignment across six professionalbusiness lines defined by occupational fields, complementing its office and industrial core business.
2006 – Adecco announces a dual strategy focused on professional and general staffing.
2007 – The annual General Meeting of Shareholders approves the nomination of Jürgen Dormann, former Vice- Chairman, as Chairman of the Board.
2010 – The acquisition of MPS Group is officially closed.
2011 – Adecco announces the acquisition of US-based Drake Beam Morin, Inc., taking the worldwide lead in career transition and talent development services.
2012 – Adecco Group announces the acquisition of VSN Inc., a leading provider of professional staffing services in Japan.
History was scripted in the forecourt of Rashtrapati Bhawan on the evening of 26th May 2014 as Narendra Modi took oath as the Prime Minister of India after a historic mandate from the people of India.
GDP growth slowed from these changes, though growth had already been high (8.2 percent in 2015), and the reforms succeeded in expanding the government’s tax base.
Many observers believed that this portended bad news for Modi and the BJP in the national elections set for the spring of 2019, but others believed that Modi’s charisma would excite the voters.
In March 2020, meanwhile, Modi took decisive action to combat the outbreak of COVID-19 in India, swiftly implementing strict nationwide restrictions to mitigate the spread while the country’s biotechnology firms became key players in the race to develop and deliver vaccines worldwide.
Modi’s policies backfired in 2021.
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Company Name | Founded Date | Revenue | Employee Size | Job Openings |
---|---|---|---|---|
Culinary Staffing Service | 1999 | $1.5M | 12 | 4 |
Staffmark | 1970 | $85.0M | 75 | 1,456 |
Redwood Community Services | 1995 | $10.8M | 350 | 65 |
CTG | 1966 | $325.1M | 3,950 | 442 |
Collabera | 1991 | $600.0M | 16,000 | 2,634 |
DISYS | 1994 | $500.0M | 4,000 | 16 |
Genuent | 2007 | $300.0M | 191 | - |
DXC Technology | 2017 | $13.7B | 130,000 | 383 |
Netgain | 2000 | $26.7M | 100 | 1 |
Intelligent Decisions | 1988 | $8.5M | 375 | - |
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