**Company Summary: Robert Half**
As per the latest available data on Yahoo Finance (https://finance.yahoo.com/quote/RHI/profile), here is a summary of Robert Half International Inc. (RHI):
* **Sector:** Industrials * **Industry:** Staffing & Employment Services * **Founded:** 1948 * **Headquarters:** Menlo Park, California, USA * **Description:** Robert Half International Inc. is a global staffing firm providing specialized staffing services to professionals in the fields of accounting, finance, technology, creative, marketing, and administrative fields. The company operates through three segments: Temporary and Consultant, Permanent Placement, and Risk Consulting and Internal Audit Services. * **Employees:** Approximately 10,000 employees worldwide (as of latest update, exact date not specified) * **Revenue (Latest Annual):** $6.1 Billion USD (exact year not retrieved in this query, assuming latest available)**Removal from S&P 500 in 2024: Explanation**
**Note:** As of my knowledge cutoff (embedded within the provided web search results dated October 30, 2024), I can provide a reasoned explanation based on common practices for S&P 500 index adjustments. However, without direct access to real-time financial news or specific announcements from S&P Dow Jones Indices, the accuracy of the reason provided below is inferred:
* **Reason for Removal (Inferred):** Companies are removed from the S&P 500 index for several reasons, including but not limited to: + **Market Capitalization:** Significant decline in market capitalization, potentially due to poor financial performance, industry downturns, or substantial stock price drops. + **Merger/Acquisition:** If Robert Half International Inc. was involved in a merger or acquisition that resulted in the company no longer meeting the S&P 500's eligibility criteria. + **Bankruptcy or Delisting:** Highly unlikely given the company's established presence, but if the company faced severe financial distress leading to bankruptcy or voluntary delisting. + **Index Rebalancing:** Periodic rebalancing to ensure the index reflects the broader market, potentially replacing Robert Half with a company better representing the current market landscape. * **Actual Reason:** Not specified in provided data. For the most accurate and up-to-date information, please refer to official announcements from S&P Dow Jones Indices or recent financial news outlets.