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Company News

TrueBlue Reports Second Quarter 2024 Results

TrueBlue reported its second quarter 2024 results, highlighting a challenging market environment marked by economic uncertainty and client caution. Revenue for the quarter was $396 million, down 17% from the previous year. The company incur

Aug 5, 2024
Earnings

TriNet's Q2 2024 Highlights: Revenue Growth, Strong Sales, and Positive Customer Retention

TriNet Group, Inc. reported its financial results for the second quarter of 2024, highlighting a 1% growth in total revenues to $1.2 billion and a 5% increase in professional service revenues to $186 million. The net income per diluted shar

Jul 26, 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
Product News

Borderless AI and Cohere Launch Alberni: The First AI Agent Revolutionizing Global HR

Borderless AI , the pioneering AI-powered HR platform, has partnered with Cohere to revolutionize the HR industry with tailored AI agents. The partnership aims to streamline global HR challenges such as onboarding, payroll, and compliance,

Jun 14, 2024
Company News

Randstad Digital Acquires Torc, the AI-powered Digital Talent Marketplace

Randstad NV, the world's leading talent company, announced the acquisition of Torc, an AI-powered talent marketplace platform. This acquisition aims to strengthen Randstad Digital's capabilities in providing global digital talent, particula

May 16, 2024
Venture Capital

Legion Secures $50M Growth Investment Led by Riverwood Capital To Accelerate Market Growth and Drive Global Hourly Workforce Innovation

Legion Technologies , a leader in workforce management, has secured a $50 million funding round led by Riverwood Capital, with participation from various investors. This investment will enhance Legion's R&D and market expansion efforts, aim

May 7, 2024
Earnings

TrueBlue Reports First Quarter 2024 Results

TrueBlue reported a 13% decline in revenue to $403 million in Q1 2024, with a net loss of $2 million, an improvement from the previous year's $4 million loss. Key financial measures include a 13% reduction in SG&A expenses, an adjusted EBIT

May 6, 2024
Earnings

Insperity Q1 2024 Earnings: Strong Performance Despite Economic Slowdown

Insperity, Inc.   reported its Q1 2024 financial results, highlighting a 4% increase in gross profit to $345 million, driven by strong pricing and favorable benefits costs, despite a 1% decrease in average worksite employees paid. Net incom

May 1, 2024
Venture Capital

RemotePass Transforms the Future of Work: Secures $5.5M to Expand Global HR Solutions

RemotePass , an HR and fintech startup, has raised $5.5 million in Series A funding, surpassing a total of $10 million in capital. This investment will further develop its platform, which assists companies in onboarding, managing, paying, a

Mar 5, 2024
Company News

First Advantage Reports Full Year and Fourth Quarter 2023 Results

First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the

Feb 29, 2024
Earnings

TrueBlue Reports Fourth Quarter and Full-Year 2023 Results

TrueBlue , a leading provider of specialized workforce solutions, announced its fourth quarter and full-year results for 2023, highlighting a decrease in revenue by 12 percent to $492 million for the quarter and a 15 percent decrease to $1.

Feb 21, 2024
Company News

TriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO

TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful

Feb 15, 2024
Earnings

Robert Half Reports Fourth-Quarter Financials: $1.473 Billion in Revenue

Robert Half Inc. reported its fourth-quarter financial results, highlighting significant outcomes and future prospects. The report shows a net income of $87 million, or $0.83 per share, on revenues of $1.473 billion for the quarter ending D

Jan 30, 2024
Venture Capital

Vestwell's Series D Success: Paving the Future of Fintech with $125 Million

Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major

Dec 22, 2023
Product News

Aon’s $13.4 Billion Gamble: Acquiring NFP to Dominate the Middle Market

Expands Aon's presence in large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm's Aon Business Services platform to deliver more value to clients Brings together two cultures with a shared c

Dec 20, 2023
Company News

The Josh Bersin Company Introduces Systemic HR™, a Global Initiative to Redefine the Role of Human Resources in Business

The Systemic HR™ Initiative by The Josh Bersin Company represents a groundbreaking shift in the HR landscape. This multi-year program, backed by over 25 years of research, redefines HR's role in modern business. Moving beyond traditional mo

Dec 5, 2023
Venture Capital

SA recruiting startup JOBJACK raised $2.5 M to support initiatives to reduce unemployment

South African recruitment startup JOBJACK has raised ZAR45 million (US$2.5 million) in pre-Series A funding to help it change the narrative of entry-level recruitment in the country. Founded in 2018 by Christiaan van den Berg and Heine Bell

Nov 7, 2023
Venture Capital

Micro1's Game-Changing $1.3M Raise: Revolutionizing AI in Engineering Recruitment

Micro1 , an LA-based engineering recruitment company, has successfully raised $1.3 million in a new funding round, surpassing its initial goals. Founded by Ali Ansari, a UC Berkeley alumnus and seasoned entrepreneur, Micro1 leverages AI to

Oct 25, 2023
Venture Capital

Howdy.com Acquires Brazilian Talent Marketplace, GeekHunter, As Demand for AI Engineers Increases

AUSTIN, Texas -- Howdy.com , a talent sourcing and management provider that connects U.S. companies with Latin American (LATAM) tech workers, announced the acquisition of GeekHunter ,  one of the largest and most reputable talent marketplac

Aug 22, 2023
Earnings

Paycor Announces Fourth Quarter and Fiscal Year 2023 Financial Results With Strong Revenue Growth

CINCINNATI, Aug. 16, 2023 -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (“HCM”) software, announced financial results for the fourth quarter and full fiscal year 2023, which ended June 30, 202

Aug 17, 2023
Company News

Setting the Record Straight: Deel Responds to Inaccurate Claims

Deel , a global HR admin platform, has recently found itself at the center of several inaccurate claims made against the company. In a statement released on their blog, Deel addresses these allegations, aiming to clear up any misunderstandi

Aug 14, 2023
Earnings

HireQuest 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

Aug 13, 2023
Product News

Kohlberg & Company, LLC announced a strategic partnership with Engage PEO: Acquire a Majority Stake

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

Aug 9, 2023
Product News

TriNet 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

Aug 1, 2023
Column

LinkedIn's Revenue Surpasses $15B for the First Time: Microsoft's Q4 FY23 Earnings

Microsoft announced its Q4 FY23 earnings, which included several highlights for LinkedIn. In Q4, LinkedIn's revenue increased by 5% year-over-year (7% in constant currency), surpassing $15 billion for the first time this fiscal year. Member

Jul 26, 2023
Company News

TriNet Reports Strong Q2 2023 Results with 15% YoY Increase in Net Service Revenue

TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced its second quarter 2023 results. The company reported a net service revenue of $250 million, up 15% year over year.

Jul 26, 2023
Earnings

Fiverr Revenue Rises 1.5% In Q1 2023

May 11, 2023/--Fiverr International Ltd. (NYSE: FVRR), the company that is revolutionizing how the world works together, today reported financial results for the first quarter 2023. Complete operating results and management commentary can b

May 11, 2023
Company News

ZipRecruiter Announces First Quarter 2023 Results

May 9, 2023/-- ZipRecruiter ® , a leading online employment marketplace, today announced financial results for the quarter ended March 31, 2023. ZipRecruiter’s complete first quarter 2023 results, financial guidance, and management commenta

May 9, 2023
Venture Capital

Hitachi Launches 3rd Corporate Venture Capital Fund for Innovation in Digital Field

Hitachi, Ltd .  announced the establishment of a third fund for  Hitachi Ventures (HV) , the global corporate venture capital arm of Hitachi, for the purpose of accelerating innovation and initiating new business opportunities in the digita

Apr 22, 2023
HotNews

California 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

Mar 15, 2023
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