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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Qualtrics Rolls Out Game-Changing AI Features for Enhanced Employee Engagement
Qualtrics has unveiled new AI-driven tools for its XM for Employee Experience platform, aimed at enhancing employee engagement and productivity by refining feedback analysis and actionable insights. The tools include Qualtrics Assist for Em
Company NewsLattice's 2025 State of People Strategy Report: HR at a Crossroads with AI, DEIB, and Manager Engagement
Lattice 's 2025 State of People Strategy Report reveals that HR is at a critical juncture, facing challenges like declining employee engagement, reduced DEIB prioritization, and the slow adoption of AI. The report emphasizes the importance
Product NewsLinkedIn’s first AI agent, Hiring Assistant
LinkedIn has entered the AI agent market with its new Hiring Assistant , aiming to streamline up to 80% of the pre-offer recruitment workflow. The tool integrates directly into LinkedIn's platform, enhancing recruiter productivity and candi
Company NewsWorkday Named a Leader in 2024 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for Ninth Consecutive Year
Workday has been recognized as a Leader in the Gartner Magic Quadrant for Cloud HCM Suites for the ninth consecutive year, noted for its ability to execute and innovate. Workday’s AI-powered Illuminate platform enhances workforce management
Product NewsSAP SuccessFactors Second Half 2024 Product Release: Embedding AI Across SAP SuccessFactors HCM
The SAP SuccessFactors 2H 2024 release brings over 250 innovative features, including 30 new AI capabilities designed to transform HR management. Key updates include enhanced AI-driven job recommendations, skills architecture creation, and
Venture CapitalCascade AI Secures $3.75 Million in Funding Led by Gradient
Cascade AI has secured a $3.75 million seed investment, led by Google’s Gradient, to expand its personalized AI HR assistant designed for employee-specific HR inquiries. The investment will help Cascade AI scale and enhance its platform, en
Product Newsempinfo Launches Industry-First Solution to Automate Employment Letter Generation for International Employees
empinfo, a leader in employment verification solutions, has introduced a new automated employment letter generation feature aimed at global HR operations. This industry-first solution, integrated into empinfo's platform, allows employers to
Venture CapitalTalentNeuron Acquires HRForecast, Launches First Unified Strategic Workforce Planning Platform
TalentNeuron, backed by Leeds Equity Partners, has acquired HRForecast, a strategic workforce planning and skills management software provider. This acquisition will create the first end-to-end platform integrating internal workforce data w
Company News28 Higher Education Institutions Go Live with Workday Student in 2024
Workday Student, a next-generation AI-powered platform, is revolutionizing higher education institutions by integrating academic, financial, and HR operations. With the support of Workday Illuminate, this platform enables 28 institutions li
EarningsServiceNow Reports Q3 2024 Financial Results: 23% Subscription Revenue Growth, Total Revenue Reaches $2.797 Billion
ServiceNow exceeds guidance across all Q3 2024 topline growth and profitability metrics; raises 2024 subscription revenues guidance Subscription revenues of $2,715 million in Q3 2024, representing 23% year‑over‑year growth, 22.5% in constan
EarningsRobert Half Surpasses Expectations with Protiviti's Strong Q3 Performance
Robert Half Inc. reported its third-quarter 2024 financial results, showing revenues of $1.465 billion and net income of $65 million, with earnings per share at $0.64. This reflects a decline compared to Q3 2023, where revenues reached $1.5
EarningsRandstad Announces Q3 2024 Results, Reports €6.01 Billion in Revenue and Confirms Acquisition of Zorgwerk
Randstad, the world's largest staffing firm, reported a 5.9% organic revenue decline in Q3 2024, amounting to €6.01 billion. Revenue dropped 3.9% year-on-year due to challenging economic conditions across regions, including North America, N
Venture CapitalTide Expands SME Services with Acquisition of Onfolk Payroll Solution
Tide , a UK-based business financial platform, has acquired Onfolk , an HMRC-recognized payroll solution for SMEs, announced on October 18, 2024. Onfolk specializes in integrating accounting, pensions, and people systems, making payroll man
Product NewsIntroducing Ask BambooHR: AI-Powered Solution Revolutionizing HR Efficiency and Employee Support
BambooHR , the leading cloud-based HR platform, introduces Ask BambooHR, an AI-powered chat interface designed to help HR professionals reclaim time by automating responses to routine questions about policies, benefits, and company data. An
EarningsManpowerGroup Reports $4.5B Revenue Amid Global Market Shifts in Q3 2024
ManpowerGroup reported Q3 2024 revenues of $4.5 billion, down 3% year-over-year (-2% in constant currency), reflecting challenges in North America and Europe but strong demand in Latin America and Asia-Pacific. Net earnings per diluted shar
Product NewsCornerstone Introduces AI-Powered Virtual Companions
Cornerstone OnDemand Inc. , has introduced Immerse Companion, a generative AI-powered solution designed to enhance personalized learning, coaching, and expert-led skill-building in real-time. Unveiled at UNLEASH World 2024, Immerse Companio
Product NewsPerceptyx Launches CWT: Empowering Leaders with Data for Superior Employee Experience
Perceptyx , a leader in employee experience transformation, launched the Center for Workforce Transformation (CWT) on October 15, 2024. CWT is dedicated to improving workplaces through data-driven research and actionable insights. It will f
Venture CapitalADP Acquires WorkForce Software
ADP , a leader in human capital management solutions, has announced its acquisition of WorkForce Software, a company specializing in workforce management for large global enterprises. This strategic move enhances ADP's global workforce mana
Venture CapitalZeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce
Zeal , a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automat
Venture CapitalWorkBuzz Acquisition of Agenda Consulting Signals Next Phase of U.S. Growth Plans
WorkBuzz, a leading employee engagement company focused on deskless and frontline workers, has acquired Agenda Consulting, a consultancy specializing in engagement for global not-for-profit (NFP) organizations. This acquisition supports Wor
Venture CapitalHR Path Acquires IN-RGY, Expanding Global Reach and Strengthening Canadian Market Presence
HR Path, a global HR consulting leader, has acquired IN-RGY, a Canadian HR digital transformation firm. This acquisition strengthens HR Path's presence in the Canadian market and aligns with their global expansion strategy, supported by a r
Venture CapitalCareerminds Acquires Progression To Enhance AI-Driven Career Development Solutions
Careerminds , a global provider of outplacement and career development services, has acquired Progression , a UK-based SaaS company specializing in AI-powered career framework solutions. Progression's platform helps organizations build scal
Product NewsRival Announces Rival Workflow: A Scalable Solution for Automation Across the Employee Experience
Rival has launched Rival Workflow, the latest iteration of its renowned Redcarpet technology, designed to streamline the employee experience across the entire HR lifecycle, from onboarding to offboarding. The platform offers customizable wo
ColumnPaychex, Inc. Reports Solid First Quarter Results
Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of th
Venture CapitalJet HR Raises €12M in Seed Funding to Revolutionize Payroll Automation in Italy
Jet HR , an Italian startup, has secured €12 million in Seed funding, bringing its total funding to €16.7 million. Founded by Marco Ogliengo and Francesco Scalambrino, Jet HR aims to simplify payroll and HR processes for businesses in Italy
Company NewsUKG Ready Simplifies Pay, Culture, and People Operations with Enhancements to All-in-One Suite
UKG has expanded its UKG Ready HR Suite with modified versions of three popular applications: UKG Bryte, UKG Great Place To Work Hub, and UKG One View. These tools, previously available only to large enterprises, are now tailored for small
Product NewsADP Unveils Lyric: The Flexible, Intelligent and Human-Centric Global HR Platform
ADP has launched Lyric HCM , a Human Capital Management (HCM) platform leveraging GenAI to enhance personalized employee experiences on a global scale. Lyric offers a comprehensive solution by combining flexibility, intelligence, and human-
Product NewsAlvaria’s Workforce Enterprise Suite Becomes Aspect
Alvaria , a leader in workforce management and contact center technology, is reviving its legacy brand, Aspect , as part of a new growth era under CEO Darryl Kelly. Aspect, which will operate as an Alvaria-owned subsidiary, is reintroduced
Product NewsKula Unveils the First AI-Powered All-In-One Hiring Platform for Recruiters
Kula has launched a comprehensive AI-powered platform to transform the hiring process, offering solutions from sourcing and applicant tracking to interview scheduling and analytics. The platform integrates advanced AI features, making the r
Venture CapitalSan Francisco-based Mercor Secures $30M Series A to Transform Global Recruitment with AI
Mercor , an AI-driven hiring platform, raised $30 million in Series A funding at a $250 million valuation. The round was led by Benchmark's Victor Lazarte and Bill Gurley, with participation from notable investors like Peter Thiel, Jack Dor
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