Inside ADP’s workforce contraction
Before the earnings....
What’s coming before ADP earnings on July 30th, 2025?
by The Job Chick | July 14, 2025
Here’s some irony:
The company that tells you how the job market is doing, is slimming down its own workforce.
ADP reports payroll data for millions of workers across America. They’re the “steady hand” behind the numbers you see in monthly BLS releases. But few are watching what’s happening inside ADP itself.
I am. But you probably already guessed it.
And what I found should raise some eyebrows… especially after the whole ManpowerGroup a few months ago.
Speaking of employer services/staffing… When a payroll giant sees clients hiring less… and then trims its own sales team? That’s not lagging.. that’s mirroring. And dare I say…. front-running.
Over the past 6 months, ADP has shed hundreds of roles. Sales is down. Director seats aren’t being filled. Engineering growth is frozen. No reinvestment in innovation.
Revenue was up modestly last quarter. But so were exits.
Margin gains? Likely cost cuts…not growth.
U.S. pays-per-control… a key proxy for client hiring…stagnated at 1%.
Oh, and they just acquired a workforce automation platform.
And here’s where it gets spicy:
The new CFO was announced April 30.
CEO Maria Black scooped up shares days later.
Tech hiring flatlined as AI rolled out.
No one’s talking about it publicly.
Let’s play a little game of pattern recognition. And if you’re waiting for layoffs to be announced, what are you even doing?
When a payroll giant starts slashing sales, flattening midlayers, freezing innovation hiring, and rolling out AI?
You don’t wait for layoffs to be announced. You recognize the pre-layoff footprint.
The full breakdown including charts, functional heatmaps, CFO swap timing, and what’s likely coming in Q4… is right here. My Insiders get it first…ahead of July 30, and yes… it matters.