Teleperformance Explained

Teleperformance SE
Type:Societas Europaea
Traded As:
Founder:Daniel Julien
Area Served:Worldwide
Industry:Business process outsourcing
Key People:Daniel Julien
(Chairman & CEO)
Bhupender Singh
Services:
Revenue: 8.345 billion (2023)[1]
Operating Income: €1.011 billion (2023)
Net Income: €602 million (2023)
Num Employees: 410,000 (2022)[2]
Footnotes:[3]
Foundation: in France
Hq Location City:
Paris, Île-de-France
Hq Location Country:France

Teleperformance SE is a French multinational business process outsourcing company founded in 1978 with headquarters in France. It provides services for debt collection, telemarketing, customer relationship management, content moderation, and communication.[4]

History

Daniel Julien created Teleperformance in Paris in June 1978.[5] In 1986, Teleperformance established its first international subsidiaries in Belgium and Italy. Two years later, Teleperformance expanded into Spain, Germany, Sweden and the United Kingdom. Rochefortaise Communication merged with Teleperformance International in 1999 to form S.R. Teleperformance. This company became Teleperformance in 2006.[6]

In 1992, Teleperformance USA was established, and Asia-Pacific contact centers were set up in the Philippines and Singapore in 1996. The Group expanded in Europe through numerous acquisitions and subsidiaries in Switzerland, Norway, Denmark, Greece, Spain, the Netherlands and Finland.[7] From 1998 through 2002, the Teleperformance network expanded into Argentina,[8] Brazil[9] and Mexico.[10]

Teleperformance USA purchased AOL's 400-employee call center in Ogden, Utah, in 2006.[11]

In 2007, Teleperformance acquired a 100% interest in Twenty4help, a European technical support company, and AllianceOne, a US-based accounts receivable management company.[12] In 2008, the group's operations and strategy were centralized under the responsibility of Daniel Julien and Jacques Berrebi. Teleperformance acquired The Answer Group.[13]

In 2010, Teleperformance acquired Scottish outsourcing call center beCogent for £35 million.[14] It ceased operations in December 2021 mainly due to the impact of the COVID-19 pandemic and remote work.[15] By 2013 Teleperformance had six contact centers in Tunisia.[16] In 2013, Teleperformance acquired full control of TLS Contact.[17] In 2014, Teleperformance acquired Aegis USA Inc., an outsourcing and technology company in the United States, the Philippines and Costa Rica.

In August 2016 Teleperformance purchased California-based LanguageLine Solutions LLC for $1.52 billion from a US-based private equity firm, Abry Partners.[18]

Teleperformance secured multiple United Kingdom government and NHS contracts to operate support services for the public during the COVID-19 pandemic.[19] In 2020, Teleperformance launched Teleperformance Cloud Campus in Portugal, with mobile cloud-enabled workstations for virtual onboarding, training, and employee meetings.[20]

In January 2024, Teleperformance completed the acquisition of Majorel, acquiring 99% of the company's shares from Bertelsmann and Moroccan real estate company Saham,[21] in exchange for 3 billion euros and a 4% stake in Teleperformance.[22]

Corporate affairs

Business trends

The key trends for Teleperformance are (as of the financial year ending December 31):[23] [24]

Revenue (€ m)Net profit (€ m)Total assets (€ bn)Employees (k)
20122,3471281.9137
20132,4331291.8148
20142,7581502.9181
20153,3982003.0188
20163,6492144.9216
20174,1803124.4223
20184,4413125.8306
20195,3554006.8331
20205,7323247.0383
20217,1155578.3418
20228,1546458.8418
20238,34560211.8418

Governance

Jacques Berrebi ended all operational duties in January 2009 and returned in 2012, at the age of 70.[25] [26] Co-founder Daniel Julien remained as chairman of the board, and Paulo César Salles Vasques was announced as the new chief executive officer of the group[27] [28] [29]

Following Vasques' resignation in October 2017, Julien was appointed as group chief executive officer by the board of directors.[30] In June 2023, Bhupender Singh was appointed as Teleperformance Group Deputy Chief Executive Officer.[31]

Awards

Controversies

In 2008 a class action lawsuit was filed against Salt Lake City-based Teleperformance USA seeking unpaid wages for employees, alleging a violation of the Fair Labor Standards Act.[35] [36] On 19 May 2010, a settlement was reached for approximately $2 million to be paid to 15,862 workers in 10 US states.[37]

A group of labor unions filed a complaint documenting unsafe working conditions, monitoring, surveillance, union busting and retaliation against employees in ten countries in April 2020. Due to COVID-19 restrictions, workers in the Philippines, including those supporting Amazon's Ring camera contract, had nowhere to sleep but at their work spaces and were unable to meet social distancing requirements. The Financial Times was able to verify this, including in a Cebu City office. After the working conditions were made public, the company promised to make improvements, but NBC News reported after six months the company was providing intermittent shuttle service, not properly sanitizing working spaces, and sending workers home without pay if they were quarantined.[38] [39]

In 2021, Teleperformance employees who work from home were sent contract addendums that would allow monitoring by AI-powered cameras to ensure compliance with security policies and to spot check for home-working infractions.[40] [41] As of August that year, the remote monitoring had been rolled out to India, Mexico, and the Philippines.[42] [43] UK employees were told remote scans would not be used for them,[44] and Albania ruled out the use of webcams through their Data Protection Commission. An Apple spokesperson reported Apple "prohibits the use of video or photographic monitoring by our suppliers and have confirmed Teleperformance does not use video monitoring for any of their teams working with Apple."

Uber reported that it requested the following audit logs for its workers: monitoring to verify that only a hired employee is accessing data; that outsourced staff were not recording screen data on another device; and that no unauthorized person was near the computer. An Amazon spokesperson reported Amazon did not request additional monitoring for at-home workers.

In Colombia, the union Utraclaro, affiliated to UNI Global Union, has organized Teleperformance Colombia employees, including moderators.[45] In 2021, after the union submitted its demands for the company to protect freedom of association, Teleperformance filed a lawsuit against the union in a labor court, alleging Ultraclaro did not follow proper processes when ratifying its bargaining demands.[46] In November 2022, the Ministry of Labour launched an investigation into the company.[47] After the announcement of the investigation, shares in the company dropped by 34%. In December 2022, the subsidiary received independent certification from Bureau Veritas on the "use and inclusion of the international standard ISO 26000 in the field of social responsibility within its operations in Colombia."[48]

Content moderation

Teleperformance employs content moderators for platforms including TikTok, with moderators in Tunisia and Colombia, reviewing explicit content to remove it from the platform. Its "Trust and Safety" branch and moderation program were launched in 2019.[49] After an investigation by Forbes reported the company retained explicit material, Teleperformance and TikTok were criticized by the United States Senate Committee on Commerce and by shareholders.[50] In November 2022, the company announced that it would exit "the highly egregious part of the trust and safety business." However, it reversed its decision in March 2023.[51] [52]

Following the announcement, UNI Global Union released a statement, stating "we believe that Teleperformance's decision to re-enter full-service content moderation is a positive step."[53]

External links

Notes and References

  1. Web site: 2023 Annual Results - Press Release . Teleperformance.
  2. Web site: 2022 Annual Results - Press Release . Teleperformance.
  3. Web site: 2023-02-23 . comptes-conso-2022-vf-def.
  4. Web site: Teleperformance . Forbes.
  5. Web site: La France championne du monde .
  6. Web site: An Interview with Daniel Julien, Chief Executive Officer, Teleperformance Group Inc. .
  7. Web site: SR Teleperformance S.A .
  8. Web site: Company Overview of Teleperformance Argentina SA . .
  9. Web site: Teleperformance abre nova unidade no Nordeste e irá gerar mais de 3.000 empregos .
  10. Web site: Teleperformance Opens 17th Center in Mexico, with $6 Million Puebla Investment .
  11. Web site: Buffardi. Michelle. Teleperformance USA Buys AOL Call Center . EE Times. 4 September 2016. 23 October 2006.
  12. Web site: French Call Center Giant Acquires Debt Collector AllianceOne. Inside Arm. 5 September 2016. 1 August 2007.
  13. Web site: TELEPERFORMANCE ACQUIRES THE ANSWER GROUP. Chief Marketer. 5 September 2016. 24 December 2008.
  14. News: BeCogent call centre firm sold to Teleperformance. BBC. 31 August 2016. 18 August 2010.
  15. Web site: Teleperformance to close Airdrie contact centre base . 25 March 2021 .
  16. News: Aizicovici . Francine . Teleperformance et ses pratiques sociales "à l'épreuve" pour neuf mois . Le Monde.fr . 7 September 2016. 4 April 2013.
  17. Web site: TELEPERFORMANCE ACQUIERT 100% DE SA FILIALE TLSCONTACT . Capital. 7 September 2016 . 29 January 2013. 16 September 2016. https://web.archive.org/web/20160916120141/http://www.capital.fr/bourse/actualites/teleperformance-acquiert-100-de-sa-filiale-tlscontact-807130.
  18. Web site: Ricadela . Aaron . Teleperformance of France Buying LanguageLine for $1.52 Billion . . 13 September 2016 . 22 August 2016.
  19. Web site: 2022-06-16 . Contact centre firm Teleperformance reports significant growth through pandemic . 2024-04-08 . The Irish News . en.
  20. Web site: Freire . Mafalda . 2020-09-03 . Teleperformance lança novo modelo de negócio de trabalho remoto em equipa . 2024-07-15 . Business-IT . pt-PT.
  21. Web site: Ammachchi . Narayan . 2024-01-02 . Finally, Teleperformance Becomes Full Owner of Majorel - Nearshore Americas . 2024-07-15 . en.
  22. Web site: Ammachchi . Narayan . Finally, Teleperformance Becomes Full Owner of Majorel - Nearshore Americas . Nearshore Americas . 24 March 2024 . en . 2 January 2024.
  23. Web site: Teleperformance Fundamentalanalyse KGV Kennzahlen . live . 2024-07-17 . boerse.de . de.
  24. Web site: 2021-02-26 . Teleperformance Dividende KGV Bilanz Umsatz Gewinn - boerse.de . 2024-07-17 . web.archive.org.
  25. Web site: TELEPERFORMANCE: Jacques Berrebi organizes his retirement . Market Wired . 5 September 2016 . 30 November 2007 . 17 September 2016 . https://web.archive.org/web/20160917021122/http://www.marketwired.com/press-release/teleperformance-jacques-berrebi-organizes-his-retirement-paris-rcf-795022.htm . dead .
  26. Barnard . Patrick. Teleperformance Chairman to retire. Customer Interaction Solutions. https://web.archive.org/web/20161008194449/https://www.highbeam.com/doc/1G1-175547057.html. 8 October 2016 . 5 September 2016. 1 January 2008.
  27. Web site: Teleperformance nomme Paulo César Salles Vasques directeur général . Les Echos . 7 September 2016. 31 May 2013.
  28. Web site: Robert . Martine . Teleperformance mise 610 millions sur les Etats-Unis . Les Echos . 7 September 2016. 10 July 2014.
  29. Web site: Teleperformance vise une nouvelle année de croissance en 2014. Les Echos. 7 September 2016. 7 September 2016.
  30. Web site: GOVERNANCE STRUCTURE . 13 October 2017.
  31. Teleperformance Appoints Bhupender Singh as Deputy Chief Executive Officer . . 2023-06-19.
  32. Web site: Teleperformance . 2024-02-19 . Fortune . en.
  33. Web site: 2023 Stevie Winners, Stevie Awards Asia Pacific . www.asia.stevieawards.com . 4 February 2024 . en.
  34. Web site: Societe Generale awarded . 2024-04-29 . Société Générale . en-Us.
  35. Web site: Thomas . Chris . 10 September 2008 . Only on 12: Teleperformance facing class action lawsuit . 31 August 2016 . WRDW12.
  36. Web site: 11 January 2009 . Wage and Hour Class Action Lawsuit Against Teleperformance . 31 August 2016 . Newsvine.
  37. Web site: 19 May 2010 . Salt Lake City-based Teleperformance USA pays almost $2 million in back overtime wages following US Department of Labor investigation . 31 August 2016 . US Dept of Labor.
  38. Web site: Lee . Dave . 1 April 2020 . Amazon contractors enduring 'subhuman' conditions in Philippines Financial Times . 8 August 2023 . ft.com.
  39. Web site: Solon . Olivia . Glaser . April . 15 October 2020 . High risk, low pay, little choice at Amazon Ring call centre, fearful workers say . 8 August 2023 . NBC News.
  40. Web site: Walker . Peter . 26 March 2021 . Call centre staff to be monitored via webcam for home-working 'infractions' . 8 August 2023 . the Guardian.
  41. Web site: Solon . Olivia . 8 August 2021 . Big Tech call center workers face pressure to accept home surveillance . 8 August 2023 . NBC News.
  42. Web site: Walker . Peter . 26 March 2021 . 'Missing from desk': AI webcam raises remote surveillance concerns . 8 August 2023 . the Guardian.
  43. Web site: Lavelle . Moira . "For them you're not a human being": Meet the migrants answering phones for Big Tech . restofworld.
  44. Web site: Walker . Peter . Call centre firm tells UK homeworkers they will not be watched with webcam . The Guardian.
  45. News: McIntyre . Niamh . April 19, 2023 . Teleperformance signs 'historic agreement' allowing Colombian workers to unionise . . May 21, 2023.
  46. News: McIntyre . Niamh . Bradbury . Rosie . Perrigo . Billy . October 20, 2022 . Behind TikTok's boom: A legion of traumatised, $10-a-day content moderators . . May 21, 2023.
  47. Perrigo . Billy . November 10, 2022 . TikTok's Subcontractor in Colombia Under Investigation for Traumatic Work . . May 21, 2023.
  48. News: TELEPERFORMANCE : A REÇU UNE CERTIFICATION DE BUREAU VERITAS. December 7, 2022. www.tradingsat.com.
  49. News: Levine . Alexandra S. . Aug 4, 2022 . TikTok Moderators Are Being Trained Using Graphic Images Of Child Sexual Abuse . . May 21, 2023.
  50. News: Levine . Alexandra S. . Nov 17, 2022 . Top TikTok Moderator Exits 'Highly Egregious Part' Of Content Moderation Business Over Investor Outcry . Forbes . May 21, 2023.
  51. News: Berthelot . Benoit . March 23, 2023 . TikTok's Moderator Reverses Vow to Exit 'Egregious' Content . . May 21, 2023.
  52. Web site: TikTok's Moderators Still Review Child Abuse Despite Vow to Exit . Benoit . Berthelot . Henry . Ren . Bloomberg.com . 19 March 2023 . 8 August 2023 .
  53. Web site: UNI's statement on Teleperformance continuing full-service content moderation . 2024-06-26 . UNI Global Union . en-GB.