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Corestream Secures Strategic Investment from Lightyear Capital to Accelerate Product Innovation and Platform Expansion
Lightyear Capital has made a strategic investment in Corestream, a voluntary benefits and employee savings technology platform. Founded in 2006, Corestream serves over 6M employees and reconciled more than $500M in payroll premiums in...

Microsoft Cuts 4,800 Roles as AI Reshapes Work, Commercial Delivery and Xbox Strategy
Microsoft is eliminating around 4,800 roles, representing about 2.1% of its global workforce, as the company accelerates a broader transformation of its business, operating model and workforce priorities. The changes primarily affect Microsoft’s Commercial...

Straiker Raises $64M Series A to Secure the Agentic Workforce
Straiker raised a $64M Series A, bringing total funding to $85M. The round was led by Marathon Management Partners, Citi Ventures, Illuminate Financial, and Workday Ventures, with Bain Capital Ventures and Lightspeed continuing support....

Korn Ferry to Acquire UK-Based AMS for Approximately £850M, Creating a Global Talent and Organizational Consulting Leader
Korn Ferry will acquire UK-headquartered AMS from OMERS Private Equity for approx. £850M / $1.1B. The combined firm will have 16,000+ colleagues, operate across 120+ countries, and place a professional in a job about...

Warp Raises $60M Series B to Challenge Workday, Rippling, and ADP in AI-Native Payroll Compliance
Warp has raised $60M in Series B funding led by Battery Ventures, with Peak XV, Sound Ventures, Y Combinator, and HOF Capital participating. The AI-native startup automates payroll, onboarding, tax compliance, IT management, benefits...

Riviera Partners Acquires Lateral Labs to Expand AI and Machine Learning Talent Search Capabilities
Riviera Partners has acquired Lateral Labs, a specialized recruiting firm serving top AI startups. The deal expands Riviera’s AI and ML talent search capabilities from seed-stage startup through IPO, spanning research, infrastructure, engineering, product...

Paychex Reaches $6.512B in FY2026 Revenue as Paycor Integration and WISE AI Engine Drive Momentum
Paychex reported FY2026 revenue of $6.512B, up 17%, with adjusted operating income rising 19% to $2.815B. Q4 revenue increased 12% to $1.606B, supported by Paycor integration and growth across Management Solutions, PEO, insurance, and...

Embark Acquires Workday Consulting Firm Commit to Expand CFO and CHRO Advisory Capabilities
Embark has acquired Commit, a high-growth consulting firm specializing in the Workday ecosystem. The deal marks Embark’s first transaction and expands its HCM advisory capabilities across Workday post-go-live support, AMS, platform optimization, HR modernization,...

Allvia Acquires Atlanta-Based Smith Communication Partners to Expand Workforce Strategy and Employee Communications
Allvia, a workforce services platform backed by Trinity Hunt Partners, has acquired Smith Communication Partners, an Atlanta-based firm founded in 2005. The deal expands Allvia’s capabilities in workforce strategy, employee communications, benefits, total rewards,...

Singapore-Based Global Payroll and HR Platform BIPO Secures US$50M Investment from Apis Partners to Expand Across 170+ Markets
Apis Partners has invested US$50 million in BIPO to accelerate the Singapore-headquartered company’s global expansion, disciplined M&A strategy, AI roadmap, and embedded financial services capabilities. BIPO, described as Asia Pacific’s leading payroll payment processing...

Cegid Acquires Shine to Build Europe’s First AI-Powered Financial and HR Hub for SMBs
Cegid has completed its acquisition of fintech unicorn Shine, creating Europe’s first fully integrated AI-driven financial hub for SMBs and accountants. The combined company now serves 1M+ SMBs, 15,000 accountants, operates across 7 Europea

Lattice Promotes Sophie Hurcombe to Chief People and Operations Officer to Lead People + AI Transformation
Lattice has promoted Sophie Hurcombe from SVP, People to Chief People and Operations Officer. In the expanded role, she will lead AI transformation and company operations across People, Business Systems, and IT, as Lattice advances its Peop

Workday Announces Fiscal 2027 First Quarter Financial Results
Workday reported fiscal 2027 first-quarter revenue of $2.542 billion, up 13.5% year over year, with subscription revenue reaching $2.354 billion, up 14.3%. The company also delivered stronger profitability, with GAAP operating income of $33

London-Based Global Employment and Payroll Platform RemotePass Raises $17.4M Series B Led by EBRD Venture Capital
RemotePass raised $17.4M in Series B funding led by EBRD Venture Capital, with participation from 500 Global, Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures. The platform now supports 35,000+ workers across 150+ cou

HR AI Forward Officially Launches in China The First AI Maturity Assessment Platform Built for HR
May 20, 2026 · China — HRAI Forward and HRTechChina today jointly announced the official launch of the HR AI Forward platform in the Chinese market — the first AI maturity assessment and development system purpose-built for HR profession

Paychex Launches WISE Agentic AI Platform to Power a Digital Workforce Across HCM
Paychex has launched WISE, Workforce Intelligence Strengthened by Expertise, an agentic AI platform across Paychex Flex, Paycor, and SurePayroll. The system combines AI agents, embedded intelligence, assistants, and advisory support to auto

Boston-Based Frontline Employee Experience Platform Blink Raises $17M Led by EHI
Blink has raised $17M in new funding led by Enlightened Hospitality Investments, affiliated with Danny Meyer’s Union Square Hospitality Group. The round coincides with a new global partnership with Shake Shack and will support Blink’s AI-fi
Venture CapitalSaile Raises $2.2M Oversubscribed Pre-Seed Round Led by Matchstick Ventures to Address Structural Gaps in Healthcare Staffing and Credentialing
Healthcare staffing startup Saile raised a $2.2M oversubscribed pre-seed led by Matchstick Ventures. The company has already onboarded 5,000+ physicians and uses AI agents to automate recruiting, credentialing, onboarding, staffing, and com
Company NewsHiBob expands in Canada with AI-powered Bob platform for mid-sized business growth
HiBob has opened a new Toronto office, expanding its North American footprint and deepening its commitment to Canada. The company says demand is rising from fast-growing, mid-sized businesses seeking integrated HR, payroll, finance, headcou
Company NewsWorkday, Anthropic, and Local Initiatives Support Corporation (LISC) Launch AI-Focused Solopreneurship Accelerator Program
Workday , Anthropic, and LISC have launched an AI-focused Solopreneurship Accelerator in the U.S. The pilot will support 15 entrepreneurs with $10,000 grants, Claude AI credits, AI skills training, and coaching support. The program focuses
Product NewsHR Rebooted Launches MyCareer Navigator, an AI Platform Helping Organizations Guide People Through Career Disruption
MyCareer Navigator delivers personalized risk scores, skill insights, transition planning, resume refinement, and interview practice to support clients, students, and job seekers navigating an AI-driven workforce. COLEBROOK, N.H. , May 7,
Venture CapitalMWW Acquires HudsonLake to Expand Workforce Communications and Change Management Capabilities
MikeWorldWide (MWW) has acquired workforce communications firm HudsonLake , adding organizational change, employee experience, labor relations, and employer branding capabilities to its reputation management platform. Clients include Toyota
Venture CapitalManpowerGroup Announces Sale of Jefferson Wells U.S. to Sikich
ManpowerGroup has sold its Jefferson Wells U.S. business to Sikich for a transaction value of $100M. Jefferson Wells U.S. generated $76M in 2025 revenue and provides risk & compliance, finance & accounting, tax, project consulting, integrat
Venture CapitalSnapCare and connectRN Join Forces to Provide Growth-Forward Workforce Solutions Powering Better Care
SnapCare and connectRN have merged to form a unified healthcare workforce platform, backed by a new Series A led by Suvretta Capital. With 500,000+ clinicians across acute, post-acute, home health, and school care, the company aims to impro
ColumnADP Q3 Earnings: $5.9B Revenue Driven by AI and Client Funds Interest
ADP reported strong Q3 Fiscal 2026 results, with revenue increasing 7% to $5.9 billion and adjusted diluted EPS rising 10% to $3.37. The company also raised its full-year guidance, now expecting revenue growth of 6–7% and EPS growth of 10–1
Venture CapitalPhenom Acquires Plum to Verify What AI Can’t Fake: Human Behavior at Work
Phenom has acquired Plum , following its February 2026 acquisition of Be Applied, to complete a full-spectrum assessment stack for AI-era hiring. Plum’s Role Model™ maps behavioral blueprints against 40,000+ jobs and claims 4x greater accur
Venture CapitalVensure Employer Solutions completes 108th Acquisition Following Latest Deal Closings, adding 80,000+ Worksite Employees
CHANDLER, Ariz. , April 27, 2026 -- Vensure Employer Solutions, a leading provider of HR/HCM technology, managed services, and global business process outsourcing, today announced the completion of its 8 th acquisition this year, bringin
Venture CapitalNew York-based workforce infrastructure company FutureFit AI secures strategic investment from Achieve Partners
FutureFit AI , announced a strategic investment from Achieve Partners to scale its AI-powered workforce infrastructure across new regions. The company says its platform supports career navigation, skills-based matching, and talent marketpla
Product NewsHR AI Forward Launches AI Maturity Assessment for HR Professionals with 26 Questions, 4 Levels, and 12 Stages
HR AI Forward has launched the HR AI Maturity & Growth Assessment for HR professionals. The 26-question assessment takes 10–15 minutes, measures AI maturity across 4 levels and 12 stages, and delivers an instant personalized report with cap
Venture CapitalGusto Acquires Mosey to Build End-to-End Compliance Infrastructure for SMBs
Gusto has acquired Mosey to expand its capabilities beyond payroll and HR into end-to-end compliance management for small businesses. Serving over 400,000 businesses, Gusto aims to integrate state and local registrations, filings, renewals,
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