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Earnings

Robert Half Reports $68M Net Income in Q2 2024 Amid Macroeconomic Pressures

Robert Half Inc. reported its second-quarter financial results for 2024, revealing a net income of $68 million, or $0.66 per share, on revenues of $1.473 billion. This reflects a decrease from the same period in 2023, which saw a net income

Jul 24, 2024
Venture Capital

Passionfruit Closes $9m Series A Funding to Scale its Platform for Independent Work

Passionfruit , a London-based start-up founded in 2022, has secured $9 million in Series-A funding from prominent investors, including Seaya, Firstminute, and Playfair Capital. The platform connects freelance workers with companies such as

Jul 24, 2024
Venture Capital

Workstaff closes $1.6M CAD in seed funding for the next phase of its workforce management software

Workstaff , a Montreal-based provider of workforce management tools, has secured $1.6M CAD in seed financing from Impulsion PME and Anges Québec. This investment will facilitate Workstaff’s global expansion and enhance its platform, which a

Jul 24, 2024
Product News

Oracle Helps HR Teams Boost Employee Productivity and Drive Success

Oracle has introduced new user experience capabilities within Oracle Fusion Cloud Human Capital Management (HCM) , known as Oracle Activity Centers . These centers, designed with Oracle's Redwood user experience, are tailored for employees,

Jul 23, 2024
Product News

Greenhouse's Summer 2024 Release: Revolutionizing Hiring with AI and Real-Time Data

Greenhouse, a leading hiring platform, announced its Summer 2024 product release featuring new tools to optimize the hiring process and reduce bias. Key updates include Pave Market Data integrated with Greenhouse Offer Data for comprehensiv

Jul 23, 2024
Product News

Fiverr Shows Its Transformation From a Services Marketplace to a Hiring Platform With Its 2024 Summer Product Release

Fiverr is expanding its platform from a services marketplace to a comprehensive hiring solution with its new summer product release. This includes deeper AI integration with Fiverr Neo, a new professions catalog, hourly rate options, and sa

Jul 23, 2024
Column

News Brief: Workday and SpringHill Debut Trailer of “UNTAPPED” Documentary, Streaming on Netflix This Fall

Workday, Inc., in partnership with The SpringHill Company, has unveiled the trailer for "UNTAPPED: Closing America’s Opportunity Gap." This documentary, produced by LeBron James and Maverick Carter and directed by Josh Kahn, follows six you

Jul 19, 2024
Earnings

ManpowerGroup Q2 2024: Navigating Challenges, Showcasing Resilience with $4.5B in Revenues

ManpowerGroup reported its Q2 2024 results, revealing a 7% year-over-year decline in revenues to $4.5 billion, affected by a challenging environment in North America and Europe, yet solid demand in Latin America and the Asia-Pacific. The co

Jul 18, 2024
Venture Capital

WorkerHero, Munich-Based Startup, Secures €4M in Series A Funding to Revolutionize Blue-Collar Recruitment with AI

WorkerHero , a Munich-based recruiting technology startup, recently secured €4 million in a Series A funding round led by Mediahuis, with participation from 10x Founders and Bonsai Partners. Founded in 2021, WorkerHero addresses the shortag

Jul 17, 2024
Venture Capital

Opportunity@Work Receives $20 Million from MacKenzie Scott

Opportunity@Work , a national nonprofit dedicated to economic mobility, received a transformative $20 million grant from MacKenzie Scott's Yield Giving. This funding supports Opportunity@Work's mission to boost annual earnings by $20 billio

Jul 16, 2024
Product News

ClearCompany Unveils Virtual Recruiter, an AI-Powered Chatbot Assistant for HR

ClearCompany has unveiled its latest innovation, the Virtual Recruiter, an AI-powered chatbot designed to enhance candidate engagement and recruitment efficiency. Available 24/7, the Virtual Recruiter assists job seekers with applications,

Jul 11, 2024
Venture Capital

GQR Acquires Uniti Med, Enhancing Workforce Solutions and Expanding Market Reach

GQR , a global workforce solutions firm, has acquired Uniti Med, a healthcare staffing company. This acquisition enhances GQR's market position, placing it among the Top 100 Staffing Firms, Top 50 Healthcare firms, and Top 25 Travel Nursing

Jul 8, 2024
Venture Capital

HR Path Secures Historic €500 Million to Fuel Global Expansion and HR Innovations

HR Path , a global leader in HR consulting, has secured a record €500 million in financing from Ardian, a top private investment firm. This significant investment, the largest in the company's history, will propel HR Path's international gr

Jul 3, 2024
Venture Capital

Monster and CareerBuilder's Strategic Merger: Shaping the Future of Recruitment

Randstad, the world’s largest staffing firm, announced a merger between its Monster job board and CareerBuilder, a company owned by Apollo Funds. This union aims to enhance services for job seekers and employers by combining two well-known

Jul 3, 2024
Venture Capital

Phenom Acquires Tydy, Expanding Platform to Seamlessly Onboard Employees

Phenom has acquired Tydy, enhancing its Intelligent Talent Experience platform by incorporating Tydy's advanced preboarding and onboarding capabilities. This integration aims to create a seamless, efficient transition from hire to productiv

Jul 2, 2024
Product News

Zappyhire Launches ZappyVue: Revolutionizing US Talent Acquisition with Automated Video Interviewing

Zappyhire , a leading provider of AI-powered recruitment automation software, has launched ZappyVue in the US. This innovative automated video interviewing platform aims to revolutionize talent acquisition by enhancing the efficiency of scr

Jul 2, 2024
Venture Capital

Tokyo's HR Tech Leader SmartHR Secures $140 Million Series E Funding

KKR and Teachers' Venture Growth (TVG) have announced a $140 million Series E investment in SmartHR , a leading cloud-native human resources management platform in Japan. This funding will drive SmartHR's growth, including new solution deve

Jul 1, 2024
Venture Capital

KarmaCheck Secures $45M Series B to Revolutionize Background Checks with AI Technology

KarmaCheck , a leader in technology-based background checks and credentialing, announced a $45 million Series B funding round led by Parameter Ventures. Founded by LinkedIn co-founder Eric Ly, KarmaCheck leverages advanced technology and AI

Jun 27, 2024
Product News

A.Team Launches "Team Formation AI" to Hire Specialized Tech Talent in Minutes -- Not Months

A.Team has introduced Team Formation AI, a generative AI platform that allows corporate leaders to quickly assemble elite tech teams from a network of over 11,000 vetted product builders. Designed to streamline hiring and supercharge innova

Jun 26, 2024
Venture Capital

Freelance.ca Acquires Workhoppers: A Major Leap in the Canadian Freelance Market

Freelance.ca, an emerging leader in the Canadian freelance market, has successfully acquired Workhoppers, a renowned Canadian freelancer platform. This strategic move bolsters freelance.ca's market position, enhancing its service offerings

Jun 25, 2024
Venture Capital

Toptal Acquires Growth Collective: A New Era in Freelance Marketing

Toptal , the world's largest fully remote workforce, launched Toptal Marketing at Cannes Lions 2024, expanding its services to include world-class marketing talent. This launch is complemented by Toptal's acquisition of Growth Collective, a

Jun 25, 2024
Product News

Lattice Adds Payroll, Powering Strategic Pay Cycles for High-Growth Companies

Lattice, a leading people platform, has announced the launch of Lattice Payroll, an end-to-end payroll solution integrated into its HRIS and Talent Suite. This solution aims to help mid-sized and growing companies streamline payroll process

Jun 25, 2024
Venture Capital

TechWolf Raises $42.75M to Revolutionize AI-Driven Talent Management

TechWolf , a Belgian AI company, has raised $42.75 million in a Series B funding round led by Felix Capital, with participation from notable investors such as SAP, ServiceNow Ventures, and Workday Ventures. Founded in 2018 by Andreas De Nev

Jun 25, 2024
Product News

Greenhouse and Pave Launch Offer Insights, Unlock Real-time Talent Data With New Integration

Greenhouse, a leading hiring platform, has partnered with Pave, a top compensation management platform, to introduce Offer Insights. This integration delivers real-time data from over 1 million job offers, enabling talent and compensation l

Jun 25, 2024
Product News

HireClix Announces Social Media Management Services for Employer Branding

HireClix , a leading recruitment marketing services company, has launched its new Social Media Management Services to enhance employer branding and candidate engagement across digital channels. These services aim to help organizations attra

Jun 25, 2024
Product News

Culture Amp Introduces People Analytics

Culture Amp , a leader in employee experience platforms, announces the launch of its new People Analytics product, available from June 30, 2024. This innovative solution, following the acquisition of Orgnostic, integrates with Culture Amp's

Jun 25, 2024
Company News

Workday Peakon Employee Voice Named Employee Engagement Solution of the Year by RemoteTech Breakthrough

Workday, Inc. announced that its Workday Peakon Employee Voice has been named the Employee Engagement Solution of the Year by RemoteTech Breakthrough. This recognition highlights the platform's ability to provide real-time, confidential fee

Jun 24, 2024
Venture Capital

Hueman Acquires PrincetonOne: A New Era of Specialized RPO Services

Hueman   People Solutions, a leading recruitment process outsourcing (RPO) and talent acquisition firm, has acquired PrincetonOne, a notable RPO provider with expertise in the Pharmaceutical, Biotech, Life Sciences, Manufacturing, and Indus

Jun 24, 2024
Venture Capital

Cadana Secures $7.4 Million to Enable Seamless, Compliant Payroll Services in Emerging Markets for Global Hiring Platforms

Cadana , a pioneering global payroll technology company, has secured $7.4 million in funding to enhance its services in emerging markets. Specializing in seamless and compliant payroll solutions, Cadana's APIs and white-label products are d

Jun 21, 2024
Venture Capital

ZRG Secures $120 Million in Debt Financing from Main Street Capital

ZRG , a global talent advisory firm, has secured $120 million in debt financing from Main Street Capital Corporation. This funding, along with a recent equity raise from RFE Investment Partners, will accelerate ZRG's growth strategy, includ

Jun 19, 2024
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