secwatch.observer — SEC 8-K summary
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Issuer:     KELLY SERVICES INC (KELYA)
CIK:        0000055135
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001437749-22-005799
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Kelly Services reports $132M Russia revenue (2.7% of total); sanctions disrupt ops
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- Russia revenue ~$132 million (2.7% of total) in 2021; assets ~1% as of Jan 2, 2022.
- Approximately 8,400 employees in Russia; no employees or subsidiaries in Ukraine.
- EU, US, and other sanctions have disrupted operations; may reduce revenue or impair ability to operate.
- No subsidiaries in Ukraine or Belarus; primary asset in Russia is customer accounts receivable.
- Emergency Management Team activated to monitor the situation and support local leadership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55135/000143774922005799/0001437749-22-005799-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55135/000143774922005799/kelya20220308_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-005799

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