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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Workhuman 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
OpinionRippling's Swift Crisis Management: A Lesson in Resilience and the Importance of Reliable Partners
In the ever-evolving world of business, a company's ability to adapt and overcome challenges is crucial for long-term success. Recently, Rippling, a workforce management company, found itself in the midst of a financial crisis when Silicon
AcquisitionKarat Acquires Triplebyte's Technical Assessment Product
SEATTLE, WA – Karat , the world’s largest interviewing company, today announced the acquisition of Triplebyte ’s technical assessment product and team. The acquisition adds a unique top-of-funnel, skills-based assessment to Karat’s suite
Company NewsWorkday:How AI and ML Are Powering the Future of Work
At Workday, we’ve embedded AI and ML into the very core of our platform—delivering unrivaled business adaptability and competitive advantage to our customers. Here’s how. Workday has long believed that artificial intelligence (AI) and machi
Company NewsGusto Payroll Processing is Not Impacted by the Silicon Valley Bank Situation
Background: The bankruptcy of Silicon Valley Bank has had a widespread impact, particularly on companies that provide payroll services for employees. We have seen a number of companies issuing announcements and updates regarding the situati
EarningsDocuSign's FY2023 total revenue surges to $2.5 billion, driven by strong demand for e-signature products
DocuSign Announces Fourth Quarter and Fiscal Year 2023 Financial Results SAN FRANCISCO , March 9, 2023 -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announce
Venture CapitalToronto-based Barley Secures $4M Seed Funding to Build Data-Driven Compensation Management Platform
Barley's HR software builds trust between employers and employees through informed and equitable compensation management TORONTO , March 8, 2023 Barley, a compensation management platform that makes it easy for companies to structure,
Product NewsThe Josh Bersin Company's Irresistible 2023 Conference Announces Impressive Speaker Line-Up and Agenda for Global HR Leaders
Executives from Moderna, Rivian, Mastercard, Tyson Foods, and Liberty Mutual Insurance among keynote speakers and session hosts at this year's event at USC , Los Angeles , June 20-22 "TED Talk" style learning sessions, panel discussions,
Venture CapitalGlider AI secures $10M Series A funding to help enterprises shift to skills-based hiring and guarantee candidate fit.
CUPERTINO, Calif.– Glider AI , a Skill Intelligence Platform, closed a total of $10M in Series A funding from Primera Capital and other industry leaders. Recognized by Staffing Industry Analysts (SIA) as the most innovative HR technology,
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 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
Company NewsUS-based Talent Platform Upwork Expands to Support Full-Time Hiring, Further Unlocking the World’s Work Marketplace for All
New end-to-end hiring solution enables businesses to find, vet, hire and pay global talent for full-time work, with tools to address complexity and risk SAN FRANCISCO, Calif. – February 13, 2023 – Upwork (NASDAQ: UPWK), the world’s work m
Company NewsElevatus and Rectec Announce Strategic Partnership to Expand Reach and Increase Awareness
LONDON , Feb. 12, 2023 -- The globally acclaimed provider of innovative recruiting solutions, Elevatus , is proud to announce its strategic partnership with the award-winning, vendor intelligence platform, Rectec . This partnership will
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
Venture CapitalUK-based Learning Experience Platform HowNow Secures £4 million Series A investment from Mercia Asset Management and Pearson
HowNow , a learning experience platform (LXP) that helps companies onboard, upskill and support employees faster everywhere they work – has secured a Series A £4m($4.8m) investment from Mercia Asset Management and the world’s leading learn
Venture CapitalDailyPay Announces $260 Million in New Funding
NEW YORK -- DailyPay , a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided be
ColumnLinkedIn Business Highlights from Microsoft’s FY23 Q2 Earnings
Microsoft announced Q2 FY23 Earnings . Included in the report on the financial performance were the following LinkedIn highlights: People and companies continue to look to LinkedIn to connect, learn, sell, and get hired. In Q2, LinkedIn’s
Venture CapitalClovers Signs Definitive Agreement to Acquire TalVista
NASHVILLE, Tenn., January 24, 2023-- Clovers has entered into a definitive agreement to acquire TalVista . Clovers is an HR technology company that provides intelligent interview software to its users. Their video interview solution support
FundingGrazzy Raises $4.25M to Power Hospitality's Future of Digital Tips, Same Day Pay and Financial Wellness for Hourly Workers
As cashless payments become the norm, Grazzy increases retention and improves the guest experience at hotels, salons, bars and restaurants. AUSTIN, Texas , Jan. 23, 2023 -- Grazzy , a next-gen employee payments platform, announces $4 .25M
Venture CapitalTransCrypts, a US Record Management Platform, Raise $2.4 Million in Pre-Seed Funding to Democratize Access and Control of Important Credentials Back to the Consumers
SAN FRANCISCO, Jan. 20, 2023 -- TransCrypts , a record management platform that has empowered 300,000 consumers to own and share their work and income history in a verifiable and auditable manner, today announced it raised $2.4 million in P
Venture CapitalZvoove Group Acquires Fortytools: Two Software Providers for Cleaning Services are Joining Forces
zvoove extends its portfolio of digitalization solutions to smaller cleaning service providers and continues its M&A strategy with this additional acquisition. LOHNE, Germany and AHRENSBURG, Germany , Jan. 16, 2023 -- zvoove Group , t
Company NewsManpowerGroup's 2023 Workforce Trends Report Reveals "The New Human Age" Is Upon Us
Shifting generational needs and growing demands for greater choice will be key drivers in the race for talent MILWAUKEE , Jan. 12, 2023 -- Amidst the growing digitization of work and the workforce, ManpowerGroup 's new 2023 trends report,
TopicsHR Acuity Launches First-Ever Employee Relations Maturity Model, ER/Q
ER/Q is the first employee-relations specific maturity model designed to help organizations measure and improve their ER processes NEW YORK , Jan. 11, 2023 -- HR Acuity , the only human resources SaaS solution designed for employee relati
Venture Capitalgigaroo Launches Out of Stealth to Transform the Service Industry Employment Market
AUSTIN, Texas , Jan. 10, 2023 -- gigaroo announced that it has raised a multi-million dollar pre-seed round of investment from ATX Venture Partners and other private investors. gigaroo was founded in 2022 by CEO, Adir Oren , and CRO, Ya
Venture CapitalWorkGenius Group, a Freelance Technology Company, Acquires US Based Agency WorX, a Staffing Company
The WorkGenius Group has acquired Agency WorX, a staffing firm based in New York . This is the second acquisition for the WorkGenius Group, following the acquisition of JBC in June 2022 . Agency WorX adds mid 8 figures of revenue, a talen
Company NewsEngagedly Launches Team Pulse, a Team Check in and Listening Tool Built for the Hybrid Workforce
The one-of-a-kind solution built for the hybrid workforce combines employee listening tools and team check ins to help managers and organizational leaders to build a highly engaged and high performing teams ST. LOUIS , Jan. 9, 2023 -- Empl
Venture CapitalHeidrick & Struggles Enters into Agreement to Acquire Atreus, Executive Interim & On-Demand Talent Business, in Germany
Acquisition Builds on Heidrick & Struggles' Leadership Position in Executive On-Demand Talent Space CHICAGO , Dec. 29, 2022 -- Heidrick & Struggles (Nasdaq: HSII ), a premier provider of global leadership advisory and on-demand talent s
ColumnJosh Bersin:HR Technology 2023: What’s Hot? What’s Not?
The HR Tech market has been on fire for the last few years. More than $15 Billion of venture and PE money was invested and the number of startups is astounding. The average large company now has more than 80 different employee-facing syste
People AnalyticsVisier:The Top Read People Analytics Content of 2022
Catch up on the must read articles, research, and podcasts that are guiding the evolution of HR, people analytics, and the workplace in 2022 and beyond. A lot has happened in the world of work this past year: We watched resignation rates r
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