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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300HireQuest Reports Financial Results for Second Quarter 2023 with 25.3% YoY Increase in Total Revenue
GOOSE CREEK, SC -- August 10, 2023 -- HireQuest, Inc. (Nasdaq:HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, reported financial results for the second quarter ended June 30, 2023. Rick H
EarningsKelly Reports Second-Quarter 2023 Earnings, Substantial Progress on Business Transformation
TROY, Mich., Aug. 10, 2023 -- Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, announced results for the second quarter of 2023. Peter Quigley, president and chief executive officer, announced revenue for
HotNewsAI and Accountability: The Landmark EEOC Lawsuit Against iTutorGroup for Age Discrimination
In a landmark decision marking the first case of AI discrimination in the United States, the Equal Employment Opportunity Commission (EEOC) charged iTutorGroup with unlawfully programming their online recruitment software to reject older ap
Product NewsIsolved Has Announced the Release of Its Compensation Analytics and Talent Intelligence Products
Charlotte, NC – August 7, 2023 – Attracting and retaining top talent persists as a major challenge for organizations. In a recent survey, the leading stressor keeping HR leaders up at night is keeping its top people, closely followed by c
Product NewsTriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock
Dublin, CA — July 31, 2023 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price
Venture CapitalGoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million
NEW YORK, July 27, 2023 – GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive agreement to acquire Symplefy , a provider of innovative payroll and end-to-end human resource
Company Newsmonday.com Enhances Core Data Infrastructure with mondayDB
mondayDB 1.0 offers significant performance enhancements, particularly for large and complex boards EW YORK & TEL AVIV, Israel--Today, monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), a work operating system (Work OS) where organizations of
EarningsTrueBlue Reports Second Quarter 2023 Results: Revenue was $476 million, a Decrease of 16 Percent YOY
TACOMA, Wash.-- TrueBlue (NYSE: TBI) announced its second quarter results for 2023 on 24 July. Second quarter revenue was $476 million, a decrease of 16 percent compared to revenue of $569 million in the second quarter of 2022. Net loss per
Company NewsFactorial Improves AI Tool for Skills-Based Hiring in Response to HR Talent Acquisition Challenges
MIAMI , July 25, 2023 -- As talent acquisition continues to challenge companies nationwide and the skills-based hiring trend grows, Factorial , a leading provider of human resources software solutions, has enhanced its AI-powered CV Reader
HotNewsThe No Robot Bosses Act of 2023: A Landmark Legislation for Ethical AI in the Workplace, with Insights from New York City's AI Law
In the rapidly evolving landscape of artificial intelligence (AI), the "No Robot Bosses Act of 2023" stands as a beacon of hope for ethical AI practices in the workplace. Introduced by U.S. Senators Bob Casey (D-Pennsylvania) and Brian Scha
Venture CapitalSkillit Secures $8.5M in Additional Funding to Solve Today's Skilled Labor Shortage for Leading Contractor Firms
NEW YORK—- Skillit , the data-driven recruiting platform for skilled, full-time construction labor, announced $8.5M in additional funding co-led by MetaProp and Bow Capital with participation from existing investor Building Ventures. Since
EarningsManpowerGroup Reports 2nd Quarter 2023 Results
MILWAUKEE , July 20, 2023 -- ManpowerGroup (NYSE: MAN) today reported net earnings of $1.29 per diluted share for the three months ended June 30, 2023 compared to $2.29 per diluted share in the prior year period. Net earnings in the qua
Company NewsTwitter's New Venture: Job Listings for Verified Organizations
Twitter Challenges LinkedIn and Indeed with New Job Listings Feature? Twitter is reportedly preparing a feature that allows verified organizations on its platform to post job listings on their profiles. The social media giant has also creat
EarningsKorn Ferry Announces Fourth Quarter and Full Year FY'23 Results of Operations
Los Angeles, CA, June 27, 2023 – Korn Ferry , a global organizational consulting firm, announced fourth quarter and annual fee revenue of $730.9 million and $2,835.4 million, respectively. In addition, fourth quarter diluted earnings per s
Company NewsA Human Transformation Company BetterUp Partners with the Employee Experience Platform Microsoft Viva to Drive Peak Performance and Well-Being for Millions in the Workplace
BetterUp unlocks human transformation to supercharge workplace performance, purpose, and productivity through new integration with Microsoft Viva San Francisco, CA – July 18, 2023 – BetterUp® , the human transformation company, today ann
Company NewsNexaLearning to Merge with A HR Consulting Firm JER HR Group to Deliver Expanded Organizational Development & Learning Services
NexaLearning will merge with JER HR Group LLC, a recognized leader in compensation, learning and HR consulting services. NEW YORK, NY – July 18, 2023 JER HR Group and NexaLearning jointly announce their plans for NexaLearning to join JER
Venture CapitalBlockchain-Based Employment Platform Opolis Raises $6.6M in Bridge Fundraising Round
Opolis, a blockchain-based platform for independent workers, has secured a bridge fundraising round of $6.6M. The round was led by Berlin-based crypto investment firm Greenfield, with additional investment from the NEAR Foundation, Draper A
Company NewsNelsonHall Names Paylocity a Leader in its 2023 Next-Generation HCM Technology NEAT Report
SCHAUMBURG, Ill., July 13, 2023-- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, has achieved a Leader ranking in NelsonHall's 2023 Next-Generation HCM Technology NEAT report for both the Smal
Company NewsTruework Announces Guardian HR Product to Securely Automate Income Verifications for Payroll Providers
SAN FRANCISCO , July 13, 2023 -- Truework , a leading provider in verification of income and employment (VOIE) in the U.S., announced today the launch of Truework Guardian, a new verification automation tool for employees, employers and pa
Company NewsG-P Enhances G-P Meridian Suite with Latest Innovations
G-P Enhances G-P Meridian Suite with Latest Innovations to Make Global Growth Accessible to Everyone, Everywhere Company delivers new fintech enhancements, simplified self-service functionality and customizable compliant contracts for compa
Company NewsUpwork Launches New Generative AI Tools and Services Hub, Creating Central Destination for Skilled AI Talent and Work
Generative AI-enabled experiences for talent and businesses on Upwork accelerate the movement towards AI-empowered workforces SAN FRANCISCO, Calif. - July 11, 2023 - Upwork (Nasdaq: UPWK), the world’s work marketplace, today announced a
Venture CapitalWorkforce Management Platform When I Work Acquires Fintech Startup Lean Financial
When I Work plans to introduce custom financial products for hourly workers in early 2024. MINNEAPOLIS – July 11, 2023 –Today, When I Work , a market leader in shift-based workforce management software used by more than 200,000 workplaces
Venture CapitalRecruitBot Secures Additional $8.2M, Totaling $11.2M in Seed Funding to Reinvent Recruiting with AI
San Francisco-based startup RecruitBot has raised an additional $8.2M in seed funding, bringing its total to $11.2M. The round was led by Slow Ventures, OCA, Freestyle, Parade, and Kevin Mehaffey. The company plans to use the funds to expan
NewsJamf Teams With Google Cloud to Enable Collaborative, Mobile Workforces Through New Advanced Security and Management Workflows
MINNEAPOLIS – July 6 , 2023 – Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced three new integrations with Google Cloud, enabling and protecting mobile workforces that use Google and Apple. Encompassing
Venture CapitalClair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day
July 6, 2023 – Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th
Product NewsSilver Lake and CPP Investments Complete Acquisition of Qualtrics
Qualtrics, the leader and creator of the Experience Management (XM) software category, has announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with Canada Pension Plan Invest
Company NewsAxonify Evolves Artificial Intelligence Capabilities, Launching New Generative AI Tool
Enabling clients with AI-powered technology for over a decade, Axonify’s new generative AI tool provides frontline workers with instant information to maximize performance, productivity. WATERLOO, ONTARIO – June 28, 2023 – Axonify , a lead
Company NewsRemote and Gusto launch global employment and compliance partnership for U.S. companies
Remote work was the beginning. Distributed work is the present — and the future — for businesses looking to hire the best people. Today, Remote and Gusto are establishing a new partnership to help SMBs in the United States access global tal
Venture CapitalA Healthtech Platform Oliva Raises €5M in Funding Expanding Workplace Mental Health Support
Oliva , a London, UK-based healthtech platform offering on-demand mental health and wellbeing support to employees, raised €5M in funding. The round, which brought the total amount to €13M, was led by Molten Ventures with participation from
Venture CapitalFuse Cooperative Acquires Gustav to Elevate Staffing and H-1B Partnerships
The ability to efficiently partner in the highly competitive staffing industry is getting a major upgrade with Fuse Cooperative’s acquisition of Gustav, which transforms staffing’s largest vendor marketplace into a platform cooperative that
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