ALEXANDRIA, Va., May 17, 2024 -- Hundreds of owners, executives and employees of professional employer organizations (PEOs) around the country will be gathering in Washington, DC next week to celebrate National PEO Week, which recognizes the key role of PEOs in helping small businesses and t
Randstad NV, the world's leading talent company, announced the acquisition of Torc, an AI-powered talent marketplace platform. This acquisition aims to strengthen Randstad Digital's capabilities in providing global digital talent, particularly in LATAM, the US, and India. Torc's platform will enhanc
Anthropos, a startup with offices in the US and Switzerland, has raised $2.7 million in pre-seed funding to address the pressing issues of talent shortage and skills development. The platform, founded by Stefano Bellasio and Giacomo Marinangeli, offers a unique solution for companies to help employees upskill and verify critical skills through an employee-focused platform. Anthropos' technology in
ServiceNow has acquired Intella, an end-to-end talent acquisition solution from Advance Solutions Corp., to enhance its Now Platform. This acquisition streamlines the recruitment, hiring, and onboarding processes, integrating these functions into a single platform driven by AI to improve efficiency
Recruit Holdings Co., Ltd. announced its financial results for FY2023, showing a slight revenue decrease but significant profitability improvements. Revenue was ¥3,416.4 billion, down 0.4%, while adjusted EBITDA rose 9.8% to ¥598.3 billion. Operating income increased 16.9% to ¥402.5 billion, and
ZipRecruiter reported a revenue of $122.2 million in the first quarter of 2024, with a net loss of $6.5 million, reflecting a net loss margin of 5%. Adjusted EBITDA for the quarter was $20.8 million, marking a 17% margin. Despite the challenging hiring environment, CEO Ian Siegel highlighted early s
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