Randstad NV, commonly known as Randstad and stylized as randstad, is a Dutch multinational
human resource consulting firm headquartered in
Diemen, Netherlands. Along with
Adecco
The Adecco Group is a Swiss French company based in Zürich, Switzerland. It is the world's second largest human resources provider and temporary staffing firm. It is a ''Fortune'' Global 500 company and is listed on the SIX Swiss Exchange ...
, the company is one of the two largest staffing firms worldwide.
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History
The company was founded as Uitzendbureau Amstelveen in the Netherlands in 1960 by Gerrit Daleboudt and Frits Goldschmeding (1933-2024) based on an idea for a college thesis. Goldschmeding eventually became the richest person in the Netherlands.[
In September 2011, Randstad acquired Spherion for $770 million.
In August 2016, Randstad acquired Monster.com for $429 million in cash. In September 2024, Monster merged with CareerBuilder, and funds managed by ]Apollo Global Management
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capita ...
became the majority owner of the websites, with Randstad retaining a minority investment.
Sponsorships
Randstad was a sponsor of British Formula One
Formula One (F1) is the highest class of worldwide racing for open-wheel single-seater formula Auto racing, racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one ...
team Williams F1
Williams Racing, legally known as Williams Grand Prix Engineering Limited and competing as Atlassian Williams Racing, is a British Formula One team and constructor. It was founded by Frank Williams (Formula One), Frank Williams (1942–2021) ...
from 2006 until 2017.
In 2019, Randstad became the sponsor of Italian Formula 1 team Scuderia Toro Rosso, since 2020 called Scuderia AlphaTauri.
Controversies
Data collection for Google
In 2019, Google contracted with Randstad to collect data for its Pixel 4 facial recognition authentication feature. Google's stated goal with the project was to make the feature more inclusive by collecting facial data from people with dark skin, and those participating in the research were given a $5 gift certificate. However, the ''New York Daily News
The ''Daily News'' is an American newspaper based in Jersey City, New Jersey. It was founded in 1919 by Joseph Medill Patterson in New York City as the ''Illustrated Daily News''. It was the first U.S. daily printed in Tabloid (newspaper format ...
'' reported that Randstad project leaders allegedly directed its workers to maximize data collection by deceiving participants and targeting homeless people in Atlanta
Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georg ...
, Georgia. Randstad stated that, after hearing concerns about how information was presented to participants and obtaining consent, the project was temporarily suspended and project leaders were retrained. After the report was published, Google shut down its field research and was investigating the allegations.
References
External links
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{{DEFAULTSORT:Randstad
Randstad NV
Actuarial firms
Companies based in North Holland
Companies in the AEX index
Companies listed on Euronext Amsterdam
Consulting firms established in 1960
Diemen
Dutch companies established in 1960
Human resource management consulting firms
International management consulting firms
Management consulting firms of the Netherlands
Multinational companies headquartered in the Netherlands
Service companies of the Netherlands
Temporary employment agencies