Randstad France history

The agency was called ‘Uitzendbureau Amstelveen’. The first financial year (1960) ended with a profit of 4.12 euros, growing to 7,866 euros the following year.

From 1965, Randstad ventured abroad.

First with a branch in Brussels and in 1967 the first branch in London opened.

In 1968, the first German branch opened in Düsseldorf.

After obtaining additional credit from the AMRO Bank to enable the company to grow further, in 1970 Randstad moved into a new head office on A.J. Ernstraat in Amsterdam.

In 1974, a contract cleaning division was established in Germany.

Contract cleaning services were expanded to the Netherlands in 1976, and Korrekt Gebaudereinigung was acquired in Germany.

In 1977, Randstad moved to a bigger head office in Diemen and even remains today.

Group revenues surpassed Nfl 500 million in 1980.

From 1982, as a new government struggling with high unemployment figures, it realized that temporary staffing agencies actually helped people get jobs.

In 1983, the company continued its expansion in the Dutch staffing market with the purchase of a mid-sized Dutch temporary services agency, Tempo-Team, which specialized in industrial and technical services, as did two other of Randstad’s Dutch offices, Werknet and Otter-Westelaken.

Randstad began training cashiers, computer operators, and telemarketers, and other personnel for its Dutch clientele in 1986.

Offices were opened in Great Britain in 1989, when group revenues exceeded Nfl 2 billion.

Randstad supported the formation of objective quality standards in the cleaning industry and has proudly displayed its ISO certification in this area since 1992.

At the end of 1993, Randstad also acquired the American agency Jane Jones Enterprises.

In 1994, legislation was passed allowing Belgians to work as long as six months as temporaries, compared to three months previously.

Nearly 40 new offices were opened in the next two years; by 1995, the company had over 70 in the United States.

It was around this time that Randstad also ventured into sport sponsoring, by becoming a sponsor in Atlanta of the 1996 Olympic Games.

Debra Drew, Randstad’s vice president and director of Olympic programs told Workforce magazine in 1997 that the company had expected a 30 percent staff “no-show” —employees quitting or skipping work without notice.

On Friday 16 May 1998, at the age of 65, Frits Goldschmeding retired from his company after 38 years.

In 1999, the company enlarged its European operations with its acquisition of Time Power Personal-Dienstleistungen in Germany and Tempo Grup in Spain.

Randstad boasts an average growth rate of 20 percent annually over the past 25 years, and the company reached sales of $5.81 billion in 2000.

In October 2001, Cleem Farla succeeded Hans Zwarts as CEO. He saw it as his main task – together with the board – to reintroduce the old Randstad values, developing a better strategy for internationalization and to substantially cut costs.

On Monday 3 December 2007, Randstad and temporary staffing organization Vedior announced their merger.

In 2010, Randstad celebrated its fiftieth anniversary, marked by the publication of the book ‘Randstad Mensenwerk’ compiled by Professor Fred Emmer, professor emeritus at Leiden University.

The company paid more than $400 million in 2016 to acquire United States-based job hunting site Monster.com.