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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ZipRecruiter Introduces Game-Changing AI Features to Simplify Finding Your Perfect Job
ZipRecruiter® , a prominent online employment marketplace, has unveiled a series of innovative tools designed to streamline the job search process. These enhancements, powered by advanced AI technology, offer job seekers new ways to discove
Venture CapitalOpportunity@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
Venture CapitalJobGet Acquires Wirkn to Expand Retail Footprint
JobGet, a rapidly growing app-first hiring platform, announced its acquisition of Wirkn, a key player in frontline worker recruitment. This acquisition will allow JobGet to enhance its reach in the mall, retail, and restaurant sectors, util
ColumnFast-Growing 250-Employee Business Decreases Payroll Processes up to 75% with UKG Ready
UKG, a leader in HR and payroll solutions, has enabled Purple Wave Auction to streamline operations and enhance employee experience using the UKG Ready suite. The rapidly growing online equipment auction marketplace, with 250 employees, has
Venture CapitalCareerArc Acquires Recruitment Video Platform Lumina
CareerArc , a leading force in social recruiting solutions, has significantly expanded its capabilities by acquiring Lumina , the premier SaaS platform for producing visual job postings at scale. This strategic move not only enhances Caree
EarningsUpwork Reports Fourth Quarter and Full Year 2023 Financial Results
Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA
Company NewsRecruit Holdings Q3 Financial Report: Navigating Challenges with Strategic Precision
Recruit Holdings Co. Ltd., a leading global staffing firm, faced a slight revenue decline in Q3 FY2023, with total revenue at approximately USD 5.8 billion, a 1.5% decrease year-over-year. This dip, adjusted to 4.5% excluding currency benef
Company NewsFlexJobs Announces Top 100 Companies to Watch for Remote Jobs in 2024
The FlexJobs 2024 report highlights the top 100 companies leading in remote job opportunities. Emphasizing the continued growth and appeal of telecommuting, this comprehensive list showcases companies across diverse industries. It reflects
Company NewsThe 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
Product NewsLinkedIn Introduces New AI-powered Premium Experience
LinkedIn introduced a new AI-powered Premium experience, enhancing personalization in each interaction. This upgrade offers deeper insights into critical topics and personalized career suggestions. It leverages AI to analyze feed posts for
Company NewsSAP SuccessFactors Opportunity Marketplace & SAP Business AI-powered Recommendation
The blog post delves into the intricacies of SAP SuccessFactors Opportunity Marketplace, a platform designed to foster internal mobility, career development, and upskilling within organizations. It highlights how the platform leverages AI-p
EarningsRecruit Holdings Announces Second Quarter 2023 Financial Results
Tokyo, August 10, 2023 ― Recruit Holdings Co., Ltd. , one of the world’s largest staffing firms and owner of job board Indeed, announced its consolidated financial results for the three months ended June 30, 2023 (April 1, 2023 to June 30,
Company NewsFactorial Improves AI Tool for Skills-Based Hiring in Response to HR Talent Acquisition Challenges
MIAMI , July 25, 2023 -- As talent acquisition continues to challenge companies nationwide and the skills-based hiring trend grows, Factorial , a leading provider of human resources software solutions, has enhanced its AI-powered CV Reader
EarningsRecruit Holdings released the 4th Quarter and Fiscal Year 2022 Financial Results
May 15, 2023/--Recruit Holdings just released their 4th quarter and FY 2022 financial results. Revenue for Q4 FY2022 increased 6.2%. On a US dollar basis, revenue decreased 6.7%. The supply and demand mismatch between job seekers and employ
Company NewsZipRecruiter 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
Venture CapitalGigs Secures $2.7 Million in Pre-Seed Funding to Connect Companies to Job Seekers Looking for Hourly Roles in Their Neighborhood.
LOS ANGELES – May 1, 2023 – Gigs , the job platform that connects companies to job seekers looking for hourly jobs in their neighborhood, announced today the company’s official launch of its employer portal to help retailers, food and bev
HR TechnologyMagnit Announces Skills-Based Advisory Services To Redefine Approach To Talent Sourcing And Retention
Magnit , the industry-leading Integrated Workforce Management (IWM) platform provider, today announced that it has added new skills-based advisory services to its flagship platform to support a more strategic approach to hiring that focuses
Company NewsPeopleGrove Launches New Job Network for College Students
Job Connections boosts colleges’ and universities’ ability to amplify networking opportunities within job postings, maximizing job seeker success by leveraging the #1 way jobs are earned — who they know . SAN FRANCISCO – – PeopleGrove , hig
EarningsRecruiting Holdings Announces Third Quarter Fiscal Year 2022 Financial Results, with Total revenue of $6.7 Billion
TOKYO, JAPAN (Feb. 13, 2023) - Recruit Holdings Co., Ltd. ("Recruit Holdings" or the "Company") today announced its consolidated financial results for the nine months ended December 31, 2022 (April 1, 2022 to December 31, 2022) Consolidated
Venture CapitalJob.Guide Raises $2.5Million In Seed Funding To Publish Unadvertised Jobs
Job.Guide , a job board aimed at unlocking the hidden job market, announced that it has raised $2.5M in seed funding from angel investors in San Francisco. Despite a large number of jobs being listed on sites such as LinkedIn, Indeed, and
Venture CapitalWorkTorch Announces $2.2M in Additional Funding and Rebrand from QuickHire
Service Industry Career Platform Continues Exceptional Growth, with 1 in 3 Applicants Landing New Careers WICHITA, Kan. , Nov. 7, 2022 /PRNewswire/ -- WorkTorch , a fast-growing service industry career platform, announces a $2.2 million
TopicsInflation – Low-Cost Ways To Counter Its Impacts On Recruiting And Retention
(Steps for convincing applicants not to worry about low base compensation in their new job) This action piece… is a scannable list of alternatives to raising employee pay during high inflation. This article covers a list of compensation se
TopicsMicrosoft announces four new employee workforce initiatives
Today, Microsoft is announcing new changes and investments aimed at further deepening our employee relationships and enhancing our workplace culture. Specifically, we are making changes to U.S. based policies and practices related to noncom
Venture CapitalSkillPointe Secures $2.25 Million in Series B Funding
ATLANTA— SkillPointe, LLC, a three-sided marketplace helping to solve the country’s prevalent skilled worker shortage, today announced the closing of a $2.25 million Series B-3 financing round. The Presidio Group LLC (“Presidio”), the leadi
Venture CapitalBCG:The $12 Billion Opportunity in HR Technology
A flood of new solutions is vying to help companies manage their workforce. In this crowded market, players can pursue three strategies to win share. Talent management is a large and growing challenge at many organizations, and talent manag
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