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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Microsoft Reinvents HR Intelligence: Inside the Launch of People Skills and Skills Agent in Microsoft 365 Copilot
— A New Era of Skills-Based Talent Strategy Powered by AI In a move that may redefine the landscape of enterprise HR technology, Microsoft has officially launched People Skills , a powerful new data layer within Microsoft 365 Copilot and Vi
Company NewsPapaya Global Announces CFO, CPO, and Key Executive Appointments to Drive Innovation and Expansion
Papaya Global , a leading workforce payroll and payments platform, has announced significant leadership changes to bolster its global expansion. Erez Simha joins as CFO, bringing vast IPO and M&A expertise, while Amit Levi is promoted to CP
Venture CapitalIntuit to Acquire HR Platform GoCo to Build End-to-End HR Suite for SMBs
Intuit has announced its agreement to acquire GoCo, an HR and benefits platform focused on small and mid-market businesses. This strategic acquisition aims to transform Intuit’s Payroll into a full Human Capital Management (HCM) solution by
Product NewsSalary.com Unveils Agentic AI Platform for HR and Compensation
Salary.com has launched the first-ever Agentic AI platform tailored specifically for HR and compensation professionals. By integrating advanced agentic AI and large language models (LLMs), this platform automates complex workflows, enables
Company NewsManpowerGroup Q1 Revenue Falls to $4.1B, Net Income Down 86% Amid Restructuring
In Q1 2025, ManpowerGroup reported $4.1 billion in revenue, marking a 7% year-over-year decline (-5% in constant currency, -2% organic). Net income fell sharply to $5.6 million ($0.12 per diluted share) from $39.7 million ($0.81) a year ear
Venture CapitalTapcheck Secures $225M to Scale On-Demand Pay Platform Across U.S. Workforce
PLANO, Texas- Tapcheck , a leading on-demand pay provider, today announced it has raised $225 million in combined equity and debt financing. This latest funding includes a $25 million Series A extension round led by existing investor, Peak
Venture CapitalPaychex Completes Acquisition of Paycor
Paychex has officially acquired Paycor in an all-cash transaction valued at approximately $4.1 billion. This strategic deal merges two HCM powerhouses and aims to create the industry's most comprehensive and flexible AI-driven HR and payrol
Venture CapitalHireRight Acquires ClearChecks to Expand SMB Screening Services with Next-Gen Technology
HireRight has announced the acquisition of ClearChecks , a background screening company focused on small-to-medium-sized businesses (SMBs). This move aims to enhance HireRight's self-service platform, backgroundchecks.com, by integrating Cl
Company NewsPerceptyx Appoints Ross Wainwright as Chief Executive Officer
Perceptyx , a leader in AI-powered employee experience solutions, has appointed Ross Wainwright as CEO to accelerate global growth. With prior leadership roles at SAP, Alida, and NTT, Wainwright brings deep SaaS expertise and a customer-cen
Venture CapitalSpain-Based Job&Talent Secures €92M to Accelerate AI-Driven Staffing Solutions
Job&Talent , a Spain-based digital staffing platform, has secured €92 million (US$101.3 million) in a Series F funding round, bringing its valuation to €1.3 billion. The funding will accelerate its international growth and support its AI-dr
Product NewsJosh Bersin Company's Galileo™ Leaps Ahead with Next-Gen Reasoning Model & Industry-Leading Skills and Jobs Knowledge Base
With a new reasoning model, Galileo™ Mercury release now features "chain of thought" processing for advanced AI capability. A New "Consultant Mode" transforms Galileo into an HR and organizational consultant. Vast datasets of jobs, skills,
Company News“The Spy in the Slack Channel”: Inside the Silicon Valley Espionage Scandal Between Rippling and Deel
In a plot that feels more like the screenplay of a corporate thriller than a courtroom reality, two of Silicon Valley’s most celebrated HR tech unicorns—Rippling and Deel—are now locked in a high-stakes legal war involving secret communicat
Company NewsUKG Appoints Former Autodesk CIO Prakash Kota to Lead Global Tech and AI Strategy
UKG has appointed Prakash Kota as its new Chief Information Officer, marking a strategic move to enhance its global HR and workforce management offerings. With over two decades of experience in enterprise technology, including his recent ro
Product NewsPerceptyx Launches First ‘Experience-Aware’ AI Coaching Agent
Perceptyx has unveiled the industry's first "experience-aware" AI Coach, a generative AI agent embedded within its EX platform that delivers real-time, personalized leadership development. Unlike generic coaching tools, AI Coach continuousl
Company NewsThe Adecco Group and Salesforce Launch New Company to Integrate Human and AI Talent
The Adecco Group, in collaboration with Salesforce, has launched a new company aimed at seamlessly integrating human and digital talent in the workforce. This venture will utilize Salesforce's digital labor platform, Agentforce, and Adecco'
Product NewshireEZ Unveils Agentic AI: A Semi-Autonomous Approach to Smarter, More Strategic Recruiting
hireEZ has launched Agentic AI, a semi-autonomous recruiting solution embedded within its AI-first talent acquisition platform. Positioned between fully autonomous and assistant-level AI, Agentic AI offers guided autonomy—automating tasks l
Company NewsPaychex Reports Q3 FY2025 Revenue of $1.51B and Adjusted EPS of $1.49, Announces Paycor Acquisition to Close in April
Paychex , Inc. reported a solid third quarter for fiscal 2025, achieving 5% year-over-year revenue growth and 6% growth in operating income. The company recorded $1.49 in adjusted diluted EPS, up 8% from the prior year. Notably, Paychex ent
Company NewsDeloitte's '2025 Global Human Capital Trends' Aims to Help Leaders Navigate Complex Workplace Tensions
Deloitte's 2025 Global Human Capital Trends report explores the growing tensions between business needs and human workforce development. Based on insights from nearly 13,000 business and HR leaders across 93 countries, the report highlights
Company NewsUKG Talk Communications Platform Helps Amusement Park Owner Optimize Frontline Operations and Strengthen Staff Unity
UKG, a leader in HR and workforce management solutions, is helping Wahooz Family Fun Zone and Roaring Springs Waterpark enhance workplace culture and operational efficiency through its UKG Talk platform. With a predominantly Gen Z workforce
Venture CapitalCologne-Based peopleIX Secures €2.3M Pre-Seed to Revolutionize AI-Driven Workforce Intelligence
peopleIX , a Cologne-based AI-powered people intelligence platform, has secured €2.3 million in pre-seed funding, led by Earlybird-X with contributions from neoteq ventures, TS Ventures, and HR Tech business angels. The company aims to solv
Product NewsOracle Expands Cloud HCM with AI-Powered Employee Engagement & Event Management
Oracle has introduced new communication and event management capabilities within Oracle ME, part of Oracle Fusion Cloud HCM, to enhance employee engagement and organizational culture. These updates allow HR teams to manage company-wide even
Product NewsFirstup Launches Workforce Orchestration, Transforming How Enterprises Drive Employee Activation
Firstup has launched an AI-powered workforce orchestration solution to revolutionize enterprise employee communications. By bringing AI-driven marketing automation principles to internal workforce engagement, organizations can now automate
Product NewsWorkday 2025 Spring Release: 350+ New Features, Updates, and AI Enhancements to Streamline HR and Finance Processes for Customers Around the World
Workday has unveiled its 2025 Spring Release, introducing over 350 new features and updates designed to streamline HR and finance operations. This update integrates AI innovations across recruiting, workforce management, and financial proce
Venture CapitalHuman Cloud Acquires PeopleGPT: Pioneering the Future of AI-Driven HR Leadership
Human Cloud , a global workforce advisory firm, has acquired PeopleGPT, a prominent AI-focused HR community. The acquisition aims to bridge the gap between technological advancements and HR leadership by fostering collaboration between tale
Company NewsHudson Global Reports 2024 Financial Results: $140.1M Revenue (-13.2%), $4.8M Net Loss, $17.7M Cash Reserves, and $0.9M Adjusted EBITDA
Hudson Global, a leading global talent solutions provider, reported its Q4 2024 and full-year financial results. The company faced a 13.2% decline in annual revenue, reflecting a challenging hiring environment worldwide. Despite a net loss
Product NewsRemote Unveils Recruit: AI-Powered Hiring with One-Click Global Onboarding
Remote has introduced Recruit , an AI-driven talent sourcing solution that simplifies global hiring by providing access to a vast talent intelligence dataset, smart sourcing capabilities, and one-click compliant hiring. Through its partners
Venture CapitalDeel acquires Safeguard Global’s payroll division
Deel has acquired Safeguard Global’s payroll division, strengthening its global payroll capabilities by integrating Safeguard’s enterprise expertise with Deel’s tech-driven HR infrastructure. This acquisition enhances Deel’s ability to mana
Venture CapitalServiceNow to extend leading agentic AI to every employee for every corner of the business with acquisition of Moveworks
ServiceNow has signed a definitive agreement to acquire Moveworks, combining ServiceNow’s agentic AI and automation strengths with Moveworks’ front-end AI assistant and enterprise search capabilities. This move aims to deliver powerful AI-d
Company NewsFirst HR AI Success Metrics Beyond "Saving Time" Emerge from Josh Bersin Company Analysis
The Josh Bersin Company has released a new analysis highlighting AI’s impact in HR, moving beyond the conventional focus on time-saving benefits. The study, based on SAP HR AI engagements, reveals concrete advantages such as a 95% accelerat
Venture CapitalEmploy Acquires Pillar: The Future of AI-Powered Hiring is Here
Employ has acquired Pillar, a leading AI interview intelligence platform, to enhance hiring efficiency and transform talent acquisition. By integrating Pillar’s AI-powered insights, Employ aims to eliminate inefficiencies, accelerate hiring
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