Adecco, a global staffing firm, reported a disappointing second quarter with profits falling short of estimates amid a challenging staffing market. The company indicated that the U.S. tech hiring sector has likely reached its lowest point, according to CEO Alain Machuel. However, he cautioned that there has been no sign of recovery yet. Despite these challenges, Adecco outperformed its rivals during the quarter, although it warned that weak hiring conditions are expected to continue. The company's tech consultancy unit, Akkodis, remains a core part of its strategy as it navigates these difficulties.