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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300A Majority Stake in Fusion Healthcare Staffing Acquired by Chicago-based Waud Capital Partners
Waud Capital Partners (Waud Capital), in partnership with experienced healthcare executives Bales Nelson and Allen Dye, today announced the establishment of a new platform company, Fusion Health . Fusion Health will provide clinical staffin
Company NewsIndeed, an American worldwide employment website, Lays Off 2,200 Workers Globally
MARCH 23, 2023/-- Indeed , an American worldwide employment website for job listings, lays off 2,200 workers globally. With sponsored job ads down 33% Indeed is reducing its workforce. This message was shared earlier today with Indeed emplo
Company NewsAll Star Healthcare Solutions Welcomes Divisional VP, Human Resources
March 23, 2023 / -- All Star Healthcare Solutions , a full-service healthcare staffing firm specializing in locum tenens and direct-hire opportunities for physicians and advanced practice providers, welcomes Lisa Sharoni , SHRM-CP , as Div
Company NewsKanarys And MAC Diversity Recruiters Partner To Advance DEIB Efforts In The Workplace
MARCH 22,2023/-- Kanarys , a diversity, equity, inclusion, and belonging (DEIB) technology company focused on providing the tools organizations need to create systemic change around DEIB challenges, and MAC Diversity Recruiters , a boutiqu
WellbeingPaychex Charitable Foundation to Donate $1 Million to Mental Health America
ROCHESTER, N.Y. , March 22, 2023 -- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that Mental Health America
Product NewsGravie Secures $179 Million Financing to Expand Innovative Health Benefits Plans for SMEs
MINNEAPOLIS , March 21, 2023 -- Gravie, one of the fastest growing employer health benefits companies in the United States , announced today that General Atlantic, a leading global growth equity investor, will anchor a $179 million equit
Product NewsHireology Announces New AI Assistant, Becoming the First ATS to Harness the Power of ChatGPT
CHICAGO, March 21, 2023 -- Hireology , the leading provider of all-in-one hiring and HR software, today announces Beaker, its AI-powered recruiting assistant. The tool can generate high-quality job descriptions in a matter of seconds, empo
Venture CapitalRain Instant Pay Closes Historic Funding, $116M Total in Series A
Rain , a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A wit
Product NewsPaylocity Unveils AI Assist™ – Leading the Industry in Integrating Generative AI into HCM Software
Leveraging OpenAI—the developer of ChatGPT—AI Assist Uses Artificial Intelligence to Enable Faster and More Effective Communications Across the Enterprise SCHAUMBURG, Ill., March 21, 2023 -- Paylocity (NASDAQ: PCTY) today announced AI Assis
Company NewsBeisen, China's Leading Cloud HCM Provider, Passes HKEX Hearing, Preparing for Main Board Listing
March 20, 2023 - Beisen Holding Limited ("Beisen"), a Beijing-based company, announced that it has successfully passed its listing hearing on the Hong Kong Stock Exchange (HKEX). Following the hearing, the company unveiled its prospectus an
Company NewsWorkhuman Announces 10% Global Workforce Reduction Amid Business Realignment
Workhuman, a leading employee engagement and recognition platform, has announced a difficult decision to reduce its global workforce by approximately 10% in order to realign its investments, balance growth and profitability, and address the
Venture CapitalGermany-based Medwing Raises €44M in Series C Funding
Medwing , a Berlin, Germany-based digital HR management platform for healthcare, raised €44m in Series C funding. Backers included Hambro Perks and SVB Capital , Quadrille Capital , Cathay Innovation , Northzone , Cherry Ventures , and Atla
HotNewsCalifornia Appeals Court Ruling: Balancing the Interests of Uber, Drivers, and Labor Rights
A California Court of Appeals ruled Monday that companies such as Uber Technologies Inc., DoorDash Inc. and Lyft Inc. can classify their rideshare and delivery drivers as independent contractors under Proposition 22. (photo by Stock Catal
Venture CapitalFount Global Raises $8M in Series A Funding to Tackle Employee Disengagement and Boost Productivity"
The SaaS provider more than doubled ARR and added 10 new enterprise customers in 2022. The additional funding will be used to launch new features targeting key talent segments and further advance the product and technology infrastructure. W
Company NewsADP National Employment Report: Private Sector Employment Increased by 242,000 Jobs in February; Annual Pay was Up 7.2%
Private sector employment increased by 242,000 jobs in February and annual pay was up 7.2 percent year-over-year, according to the February ADP ® National Employment Report TM produced by the ADP Research Institute ® in collaboration wi
Company NewsLattice Launches People Strategy Group to Advise HR Leaders and Executives on Designing People Programs that Drive Business Success
The People Strategy Group will help businesses meet the most critical challenges in the workplace by designing people strategies that drive high-performing teams to achieve business success. SAN FRANCISCO , March 7, 2023 / -- Lattice, the
Company NewsPaychex Wins 2023 Stevie Award for ERTC Service
Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has won a bronze Stevie ® Awardfor the company’s Employee Retention Tax Credit (ER
Venture CapitalMercer acquires Leapgen, furthering investment in digital HR strategy market
Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE: MMC), today announced the acquisition of Leapgen , a leading Human Resources (HR) technology advisory firm focused on digital strategy and tran
AcquisitionSterling Expands Through Acquisition of A-Check Global
NEW YORK — Sterling Check Corp. (NASDAQ: STER), a leading global provider of background screening and identity services, today announced that it has acquired A-Check Global in a highly complementary deal that will expand Sterling’s presen
Venture CapitalClinical CRO ClinChoice Acquires CROMSOURCE, an ISO-certified Full-service Contract Research Organization Expanding its Global Presence
PHILADELPHIA , SHANGHAI and VERONA , Italy , March 1, 2023 -- ClinChoice Medical Development is pleased to announce its acquisition of CROMSOURCE S.r.l ., an ISO-certified full-service contract research organization with its corpora
EarningsThe Adecco Group: Q4 & Full Year 2022 Results, Fourth Quarter Revenues Up 5% Year Over Year to € 6.212 Billion
ZURICH , Feb. 28, 2023 -- The Adecco Group , the world’s leading talent advisory and solutions company, announced the fiscal 2022 fourth quarter and full year 2022 Results. Q4 HIGHLIGHTS Revenues +13% reported, +5% yoy organic TDA; up in a
Venture CapitalInsurance AI Leader EvolutionIQ's Funding Total Rises to $33.1M With Series B Round While Valuation Passes $200M
With recurring revenue tripling for the 3rd consecutive year, the leader in AI-powered Claims Guidance caps its latest funding round at $7 million Company's value effectively doubles despite the tech sector's ongoing volatility Industry ado
Company NewsTINYpulse is now Limeade Listening
Feb 28, 2023/--TINYpulse, an employee engagement company today announced that it has changed the company name to Limeade Listening – the new face of TINYpulse. This next chapter for the company is part of its ongoing strategy to integrate a
Venture CapitalLeading Provider of Productivity and Operational Excellence Solutions Connors Group Announces Investment from RLH Equity Partners to Support Rapid Growth
PITTSBURGH , Feb. 21, 2023 -- Connors Group , a leading provider of productivity and operational excellence solutions, is pleased to announce that it has secured a significant growth equity investment from RLH Equity Partners . The inves
Venture CapitalEmpyrean Acquires Employee Communications and Engagement Platform and Launches +YOU, a Holistic Solution That Improves Employee Productivity, Wellbeing, and Retention
HOUSTON , Feb. 20, 2023 -- Empyrean , a company committed to building better corporate cultures through benefits, today announced the acquisition of employee communication and engagement platform Enspire . Through the acquisition, Empyr
EarningsAMN Healthcare Announces Fourth Quarter and Full Year 2022 Results, Revenue Falls 17% in Q4 with Decline in ‘Nurse and Allied Solutions,’ Revenue up in Other Segments
Quarterly revenue of $1.13 billion , 4% above high end of guidance; GAAP EPS of $1.88 and adjusted EPS of $2.48 DALLAS, Feb. 16, 2023 -- AMN Healthcare Services , Inc. (NYSE: AMN), the leader and innovator in total talent solutions for
Venture CapitalParis-based Brigad Raises $30 Million for its Freelancer Marketplace for Hospitality and Care Workers
French startup Brigad just raised a new $30 million funding round (€28 million) as well as more than $5 million in debt. The company operates a marketplace for restaurants, caterers, private clinics, retirement homes and hospitals so that t
Venture CapitalKanarys, Inc. Announces $5M Series A Round and Expands its Leadership Team with Six Senior-Level Hires
Kanarys co-founder and CEO joins less than 20 Black female founders who have raised more than $10M . DALLAS , Feb. 15, 2023 -- Kanarys, Inc. , a diversity, equity, inclusion, and belonging (DEIB) technology company focused on providing
Venture CapitalIreland-based Mental Health and Wellbeing Platform Spectrum.Life Raises €5M for its Platform Development and Staff Expansion
DUBLIN, IRELAND, Feb. 10, 2023 -- Spectrum.Life , a provider of employer health and wellbeing services, announced on Friday that it has secured €5M in a funding round led by Act Venture Capital with participation from new and existing inves
Venture CapitalWorkday Commits Additional $250 Million Investment Capital to Workday Ventures to Power Technology Innovation
MOUNT KISCO, N.Y. &NEW YORK- Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions t
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