MAN•ManpowerGroup expects its transformation program to deliver $200 million in permanent cost savings by 2028. It targets a 4.5%-5% adjusted EBITA margin and 15% return on invested capital, compared with 1.9% and 5.4%, respectively, in 2025.
ManpowerGroup expects its transformation program to deliver $200 million in permanent cost savings by 2028. Restructuring and transformation costs are expected to exceed savings in 2026 and 2027 as the company overhauls front- and back-office operations. Its targets are a 4.5%-5% adjusted EBITA margin, assuming a stable economic environment with consistent revenue growth and pricing, and 15% return on invested capital; the respective 2025 figures were 1.9% and 5.4%, on revenue of $18 billion.
