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Earnings

ManpowerGroup Reports $4.5B Revenue Amid Global Market Shifts in Q3 2024

ManpowerGroup reported Q3 2024 revenues of $4.5 billion, down 3% year-over-year (-2% in constant currency), reflecting challenges in North America and Europe but strong demand in Latin America and Asia-Pacific. Net earnings per diluted shar

Oct 17, 2024
Venture Capital

ADP Acquires WorkForce Software

ADP , a leader in human capital management solutions, has announced its acquisition of WorkForce Software, a company specializing in workforce management for large global enterprises. This strategic move enhances ADP's global workforce mana

Oct 15, 2024
Product News

Rival Announces Rival Workflow: A Scalable Solution for Automation Across the Employee Experience

Rival has launched Rival Workflow, the latest iteration of its renowned Redcarpet technology, designed to streamline the employee experience across the entire HR lifecycle, from onboarding to offboarding. The platform offers customizable wo

Oct 3, 2024
Company News

Workday Global Workforce Report: Job Market Tightens as AI Reshapes Hiring Processes

Workday's Global Workforce Report for the first half of 2024 highlights a notable trend in the labor market: job applications are increasing four times faster than job openings, creating a competitive landscape for job seekers. Despite this

Sep 10, 2024
Product News

Papaya Global Unveils Rapid Payroll Platform: Global Compliance in 4 Weeks!

Papaya Global is revolutionizing payroll and payments for multinational companies with its tech-first platform, capable of streamlining global payroll processes in just four weeks, a stark contrast to traditional methods that take years. By

Sep 3, 2024
Venture Capital

Lightcast Acquires Talent Intelligence Provider Stratigens

Lightcast , a leader in global labor market data and analytics, has acquired Stratigens, a UK-based talent intelligence provider known for its data science expertise and innovative analytics. Founded by Alison Ettridge, Stratigens excels in

Aug 27, 2024
Product News

Workday Announces Global Payroll Connect - One Solution to Manage All of an Organization's Payroll Needs

Workday has announced the launch of Global Payroll Connect, a comprehensive payroll solution designed to seamlessly integrate with payroll providers, streamlining the payroll experience for global organizations. This solution addresses a ke

Aug 20, 2024
Earnings

Dayforce Q2 2024: Strong Growth and Exciting Future with $500M Share Repurchase

Dayforce Inc ., a leader in human capital management technology, reported strong financial results for Q2 2024, with recurring revenue up 20% and total revenue up 16%. Operating cash flow increased by 16% year-to-date, leading to a $500 mil

Jul 31, 2024
News

Deel is acquiring Hofy

Fast-growing payroll provider Deel has acquired Hofy , a London-based company specializing in managing office equipment for remote hires. The acquisition, valued at over $100 million, marks Deel's third significant acquisition this year. Th

Jul 18, 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
Product News

MyDay™: The Future of Transparent Global Payroll Management by Safeguard Global Pay

Safeguard Global Pay has unveiled MyDay ™, a groundbreaking platform designed to revolutionize global payroll management. This innovative solution aims to eliminate the traditional 'black box' approach to payroll, offering a transparent and

Jul 16, 2024
Product News

Lattice to Become the First Company to Introduce Digital Worker Employee Records

Lattice has made a groundbreaking announcement as the first company to introduce official employee records for digital workers. Recognizing the profound impact of AI on the global workforce, Lattice aims to ensure transparent and accountabl

Jul 9, 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

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

Mercer to Acquire Cardano

Mercer, a Marsh McLennan business, announced its agreement to acquire Cardano, a UK and Netherlands-based long-term savings specialist with approximately $66 billion in managed assets. This strategic acquisition aims to enhance Mercer's cap

Jun 11, 2024
Venture Capital

Deel Extends Strategic Investment in Alviere to Enhance U.S. Worker Payments

Alviere , an embedded finance platform provider, has announced that Deel, a global HR and payroll company, has extended its strategic investment with Alviere to enhance U.S. payments. This partnership aims to provide international contracto

May 28, 2024
Venture Capital

Cornerstone Accelerates Jobs-to-Skills Transformation with SkyHive Acquisition

Cornerstone OnDemand Inc. announced its acquisition of SkyHive Technologies' workforce skills intelligence capabilities and expert team. This move enhances Cornerstone's skills transformation offerings, integrating SkyHive's AI-powered plat

May 22, 2024
Product News

Fountain Launches New AI Products to Help Customers Manage Frontline Workforce

Fountain , the leading platform for frontline workforce management, has introduced four new products: Fountain Assist, Fountain I-9 Center, Fountain Reach, and Fountain Communicate. These tools are designed to enhance hiring, onboarding, an

May 15, 2024
Venture Capital

Sona, next-generation workforce management for frontline, raises $27.5M Series A led by Felicis

Sona , an advanced workforce management platform for frontline enterprises, announced a $27.5M Series A funding led by Felicis, with participation from Northzone, Gradient, and others. This brings Sona's total funding to over $40M. The capi

May 14, 2024
Product News

ServiceNow unveils new AI-powered capabilities to help improve employee experiences, supercharge talent development, and optimize in-person work

ServiceNow   announced new AI-powered enhancements at Knowledge 2024, aimed at improving talent development and optimizing workplace collaboration. These include integrating AI into learning experiences to better understand skills and suppo

May 10, 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
Company News

Announcing Our 2024 Workday Partner Innovation Award Winners

These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor

May 1, 2024
Earnings

ManpowerGroup Reports 1st Quarter 2024 Results

Revenues of  $4.4 billion  (-7% as reported, -5% constant currency) Continuation of challenging environment in  North America  and  Europe  during the quarter, solid demand in  Latin America  and  Asia-Pacific  region Gross profit margin of

Apr 18, 2024
Venture Capital

Remote Acquires Easop to Help Companies Grant and Manage Equity for Global Talent

Remote, a leader in managing globally distributed workforces, has acquired Easop, a company specializing in compliance solutions for equity management across international borders. This strategic move enhances Remote's capabilities, allowin

Apr 2, 2024
Company News

WorkForce Software Receives Additional Industry Awards for Top HR Software Company of 2024 and Top Workforce Management Provider

WorkForce Software is named a Top 25 HR Software Company in 2024 by The Software Report and a Top Workforce Management Brand by DHRmap for improving employee management at leading global companies, delivering rapid ROI on workforce technolo

Mar 27, 2024
Venture Capital

Borderless AI Launches from Stealth with $27M Investment to Bring World's First AI Agent to HR Space

Borderless AI, an AI-powered startup, has emerged from stealth with a $27 million seed investment aimed at revolutionizing the HR industry. The company specializes in developing AI agents designed to automate and streamline the process of o

Mar 21, 2024
Product News

Sapia.ai Unveils SAIGE™: A world-first Gen AI-powered conversational intelligence engine for talent management

Sapia.ai has launched SAIGE™, an innovative generative AI model transforming global workforce management. By leveraging a unique large language model developed over six years, SAIGE™ conducts blind chat interviews to evaluate candidates, of

Mar 13, 2024
Venture Capital

HR Solution Remofirst Raises $25 Million Series A Funding to Make it Affordable and Easy to Employ Global Remote Teams

Remofirst , a leading HR tech platform specializing in global employment and compliance solutions, has successfully raised $25 million in a Series A funding round. The funding was led by Octopus Ventures, with contributions from existing in

Mar 6, 2024
Venture Capital

Deel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy

Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De

Feb 28, 2024
Company News

Beekeeper Sees Continued Momentum in Frontline Industries, Helping more than 1,300 Organizations Solve the Frontline Disconnect with Digital Solutions

Beekeeper , a leading provider of digital solutions for deskless workers, continues to make significant strides in connecting frontline workers across various industries including hospitality, healthcare, construction, and manufacturing. Wi

Feb 22, 2024
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