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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Upwork Reports First Quarter 2024 Financial Results
Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year reven
Product NewsQualtrics' AI Innovations: A New Era for Employee Experience and Retention Strategies
New AI-powered solutions across the Qualtrics XM for Employee Experience suite enable leaders to understand employees more deeply, recognize meaningful trends and deliver a measurable impact on business results Qualtrics XM for Employee Exp
Company NewsAnnouncing Our 2024 Workday Partner Innovation Award Winners
These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor
EarningsADP's Q3 Report: Analyzing the Impact of Strategic Investments and Client Growth
ADP reported a robust fiscal third quarter for 2024 with significant growth across key financial metrics. Revenues rose by 7% to $5.3 billion, driven by solid performance in both Employer Services and PEO Services. Net earnings increased by
EarningsInsperity Q1 2024 Earnings: Strong Performance Despite Economic Slowdown
Insperity, Inc. reported its Q1 2024 financial results, highlighting a 4% increase in gross profit to $345 million, driven by strong pricing and favorable benefits costs, despite a 1% decrease in average worksite employees paid. Net incom
Product NewsPhenom Releases Massive Wave of HR Tech Innovation: Talent Experience Engine, Next-GenAI Agents, New Platform Experiences, and Updates for Talent Acquisition and Talent Management
Phenom has unveiled a significant update to its HR tech offerings during the IAMPHENOM 2024 Product Innovation Keynote in Philadelphia. The update introduces several new features aimed at enhancing talent acquisition and management. These i
EarningsTriNet Announces First Quarter 2024 Results
TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income o
Venture CapitalDaxtra Acquires Leading Talent Acquisition Communications Hub PivotCX
Daxtra , a leader in AI-powered recruitment solutions, has acquired Indianapolis-based PivotCX, known for its talent acquisition and HR communications hub. The merger integrates PivotCX’s communication tools into Daxtra’s suite, enhancing t
Product NewsCrosschq Launches Insights, First-of-its-Kind Recruiting Analytics and Quality of Hire Engine
Crosschq, the pioneer in Hiring Intelligence, has launched "Crosschq Insights," a revolutionary recruiting analytics platform designed to enhance the Quality of Hire. This new tool integrates data from various sources, including ATS, HRIS,
Company NewsReclaim.ai Launches Smart Meetings, First-Ever AI Tool to Automate Meeting Scheduling Across Teams
Reclaim.ai has unveiled "Smart Meetings," an innovative solution designed to streamline the scheduling of meetings by leveraging AI and machine learning. This release targets the reduction of time spent on managing calendars, which, as Recl
EarningsManpowerGroup Reports 1st Quarter 2024 Results
Revenues of $4.4 billion (-7% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in Latin America and Asia-Pacific region Gross profit margin of
Company NewsGoogle Cloud Announces Generative AI, Cybersecurity, and Data Analytics Trainings with New Skills-Based Interview Accelerator for Hiring Partners
Today at the ASU + GSV Summit, Google Cloud unveiled new AI, cybersecurity, and data analytics certificates and courses, designed to meet the burgeoning demand for tech skills. These offerings, developed in partnership with entities like th
Company NewsFrom LMS365 to Zensai: Rebranding the Future of Work and Talent Development
Zensai , formerly known as LMS365, announces its rebranding and the launch of the Human Success Platform, a comprehensive AI-powered suite aimed at enhancing talent development. This strategic move, symbolizing growth and enlightenment in t
Product NewsWisq Launches First Personalized AI Guide for Managers
Wisq introduces an AI-powered coaching guide designed to transform managers into inspirational leaders. By providing personalized, real-time guidance and expert advice, this platform addresses the coaching gap for middle managers. Availabl
Product NewsmeQ Introduces Pioneering, Proprietary sparQ™ Generative AI Technology Into Its Workforce Resilience Platform
meQuilibrium (meQ) announces the launch of sparQ, a revolutionary generative AI technology aimed at transforming workforce engagement, performance, and well-being. Utilizing a vast global database of human cognitive and behavioral data, spa
Venture CapitalEntrust Completes Acquisition of Onfido, Creating a New Era of Identity-Centric Security
Entrust , a global leader in payments, identities, and data security, has finalized the acquisition of Onfido , a premier identity verification provider. This strategic move fortifies Entrust's portfolio with the most advanced AI-powered, i
Venture CapitalEAB to Acquire Forage to Bridge the Gap Between College and Career for Millions of Students
EAB , a leading education firm, has announced the acquisition of Forage, a premier provider of virtual job simulations, to join its talent division, Seramount. This strategic move aims to bridge the gap between college education and career
Venture CapitalMultiverse acquires AI talent software company Searchlight to help businesses close skills gaps
NEW YORK , April 8, 2024 -- Tech company Multiverse has acquired Searchlight , a talent intelligence and skills assessment platform that uses AI to help companies close their skills gaps. California -based Searchlight was founded in 2018
Company NewsBetterUp Names Jolen Anderson as Chief People and Community Officer
Visionary People Leader Joins Human Transformation Company AUSTIN, TX – April 4, 2024 – BetterUp , the human transformation company and pioneer of virtual coaching, today announced the appointment of Jolen Anderson as the company’s first-e
ColumnADP National Employment Report: Private Sector Employment Increased by 184,000 Jobs in March; Annual Pay was Up 5.1%
ROSELAND, N.J. , April 3, 2024 -- Private sector employment increased by 184,000 jobs in March and annual pay was up 5.1 percent year-over-year, according to the March ADP ® National Employment Report™ produced by the ADP Research Inst
Venture CapitalRemote Acquires Easop to Help Companies Grant and Manage Equity for Global Talent
Remote, a leader in managing globally distributed workforces, has acquired Easop, a company specializing in compliance solutions for equity management across international borders. This strategic move enhances Remote's capabilities, allowin
Venture CapitalModal Announces $25 Million Series A to Upskill Employees in AI
Modal, a premier skills development platform specializing in data and analytics training, has successfully secured a $25 million Series A funding led by Left Lane Capital and Ensemble VC, with contributions from Signalfire and Learn Capital
Product NewsJosh Bersin Company's Irresistible 2024 Confirms Stellar Speaker Line-Up and Global HR Leader Agenda
HR leaders from Marriott International, Microsoft, Accenture, IBM, The Coca-Cola Company and The Walt Disney Company among keynote speakers and session hosts at the third successive Irresistible AI and its challenges and opportunities exp
Product NewsLinkedIn Takes on TikTok: A New Era of Professional Development Videos
LinkedIn is testing a TikTok-like short-form video feed to meet the demands of modern professionals for quick and engaging content. Located under a dedicated "Video" tab, this feature offers a stream of short videos focused on professional
Venture CapitalCloverleaf Secures $7.3 Million Series A Extension Led by Advantage Capital
Cloverleaf , a leader in automated coaching technology, has announced a $7.3 million Series A extension led by Advantage Capital. The investment boosts Cloverleaf’s total funding to $20 million, fueling its mission to maximize employee tale
Company NewsCornerstone Acquires Talespin
Cornerstone OnDemand Inc. , a pioneer in learning and talent solutions, has announced its acquisition of Talespin's extended reality (XR) capabilities, emphasizing a shift towards immersive spatial learning in the workplace. This strategic
Company NewsUNLEASH America 2024: America’s premier HR conference and expo
UNLEASH America to feature more than 200 speakers, including Earvin “Magic” Johnson, across 14 stages and summits, where HR, learning, AI, innovation and inspiration intersect LONDON & LAS VEGAS-- UNLEASH , a global digital media and events
Venture CapitalLMS365 Acquires Pioneering HR Technology Platform Valuebeat to Elevate Workplace Culture and Employee Engagement with Real-Time Human Data and Machine Learning
LMS365 , an AI-powered learning, engagement, and performance platform integrated with Microsoft 365, has acquired Valuebeat, a startup focused on enhancing company culture and employee values through data-driven insights. This acquisition s
Venture CapitalPaylode's Leap in Miami: Harnessing $5.5 Million Seed Round for Perks Innovation
Paylode , a Miami-based startup, has raised a $5.5 million seed round to enhance its perks-as-a-service platform. The company provides tools for businesses to launch and manage customer perks programs efficiently. It aims to improve custome
Product NewsBullhorn Copilot Launches With AI Tools Tailored to the Staffing Industry
Bullhorn , a global leader in staffing and recruitment software, announced the launch of Bullhorn Copilot, a comprehensive AI solution designed to enhance recruitment processes. Copilot integrates generative, source and match, and directive
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