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Company News

First Advantage Posts Solid Q2 2024 Results; Anticipates Sterling Acquisition Closure by Q4

First Advantage Corporation reported second quarter 2024 results, showing revenue of $184.5 million and a net income of $1.9 million, which includes $9.2 million in expenses related to the acquisition of Sterling Check Corp. Adjusted net in

Aug 8, 2024
Company News

ZipRecruiter Achieves Strong Q2 2024 Results with $123.7M Revenue and Continued Innovation

ZipRecruiter announced its financial results for the quarter ending June 30, 2024, reporting a quarterly revenue of $123.7 million and a net income of $7.0 million, which represents a 6% net income margin. The company also achieved an Adjus

Aug 7, 2024
Product News

Revelio Labs launches COSMOS, the most comprehensive job postings dataset available

Revelio Labs  has unveiled COSMOS, the most extensive job postings dataset globally, encompassing over 2 billion postings from 5.25 million companies in more than 100 languages. Sourced from employer websites, job boards, and staffing firms

Aug 7, 2024
Company News

Adecco Group Reports Resilient Q2 2024 Performance Amid Market Challenges

The Adecco Group reported a Q2 2024 revenue of €5.84 billion , down 2% on an organic and trading days adjusted basis, reflecting market challenges. Despite a 5% drop in gross profit, cost savings measures helped maintain a stable EBITA marg

Aug 6, 2024
Company News

Paycom Reports Robust Q2 2024 Results: Revenue Growth and Strong Cash Position

Paycom   Software, Inc. reported its financial results for the second quarter of 2024, with total revenues reaching $438 million, marking a 9% increase from the previous year. The GAAP net income was $68 million, equivalent to $1.20 per dil

Jul 31, 2024
Venture Capital

Gigpro Secures $16M Series A Financing Round to Transform Hospitality Labor Market

Gigpro , a prominent on-demand labor marketplace for the hospitality industry, secured $16 million in Series A funding led by Foundry, with contributions from Stage 1 Ventures, Stage 2 Capital, and Detroit Venture Partners. This funding wil

Jul 30, 2024
Company News

American Staffing Association Announces National Staffing Employee Week

The American Staffing Association (ASA) has announced that National Staffing Employee Week will take place from September 9-15, 2024, celebrating the nearly 13 million temporary and contract workers across the U.S. These employees, who cont

Jul 17, 2024
Venture Capital

Opportunity@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

Jul 16, 2024
Earnings

Paychex, Inc. Reports Fourth Quarter and Full Year 2024 Results

Solid Total Revenue Growth and Operating Margin Expansion Full Year 2024 Diluted EPS Growth of 9%; Adjusted Diluted EPS (1)  Growth of 11% Issues Fiscal 2025 Business Outlook ROCHESTER, N.Y.--( BUSINESS WIRE )--Paychex, Inc. (the "Company,"

Jun 26, 2024
Product News

Greenhouse and Pave Launch Offer Insights, Unlock Real-time Talent Data With New Integration

Greenhouse, a leading hiring platform, has partnered with Pave, a top compensation management platform, to introduce Offer Insights. This integration delivers real-time data from over 1 million job offers, enabling talent and compensation l

Jun 25, 2024
Product News

HireClix Announces Social Media Management Services for Employer Branding

HireClix , a leading recruitment marketing services company, has launched its new Social Media Management Services to enhance employer branding and candidate engagement across digital channels. These services aim to help organizations attra

Jun 25, 2024
Venture Capital

Bullhorn acquires Textkernel to accelerate its AI strategy

Bullhorn , a major player in staffing solutions, has acquired Amsterdam-based Textkernel , a leader in Sourcing AI technologies. This move is pivotal for Bullhorn’s AI strategy, enhancing their offerings with Textkernel's advanced parsing a

Jun 18, 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
Company News

Josh Bersin Company Launches AI Assistant Galileo™ to Transform HR Management

At Irresistible 2024, The Josh Bersin Company announced the general availability of Galileo™, an AI assistant designed to support HR professionals. Galileo is already in use by over 10,000 HR professionals across more than 60 Global 2000 or

May 20, 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
Earnings

First Advantage Reports First Quarter 2024 Results

First Advantage Corporation reported its Q1 2024 financial results, showing revenues of $169.4 million and a net loss of $2.9 million due to acquisition-related costs. The company announced an adjusted net income of $24.8 million and adjust

May 9, 2024
Earnings

HireRight Reports First Quarter 2024 Results

HireRight Holdings Corporation reported its Q1 2024 financial results, revealing a slight decrease in revenue to $173.2 million from $175.4 million the previous year, and a net loss of $3.3 million, an improvement over last year's $7.9 mill

May 7, 2024
Earnings

Heidrick & Struggles Reports Strong Q1 2024 Earnings, with Strategic Acquisitions Boosting Growth

Heidrick & Struggles International, Inc. reported an 11% year-over-year increase in quarterly revenue, totaling $265.2 million for Q1 2024. The company also declared a quarterly cash dividend of $0.15 per share. Despite the acquisitions of

May 6, 2024
Venture Capital

Kelly enters agreement to acquire specialty talent solutions company, Motion Recruitment Partners, LLC

Kelly , a leading global talent solutions provider, has announced a significant agreement to acquire Motion Recruitment Partners, LLC (MRP), a specialty talent solutions company. This transformative acquisition aims to bolster Kelly's scale

May 3, 2024
Company News

LinkUp Launches Compass, a Visual Multitool for Job Market Insight

LinkUp has launched Compass, a digital toolset that offers real-time analysis of labor demand using their extensive dataset of job openings, dating back to 2007 and updated daily. This platform provides users with interactive, presentation-

Apr 17, 2024
Column

Workday Hiring Trends Report: The “Big Stay” Is Poised to Become the “Big Leave”

Metrics from Workday customers indicate the hiring slowdown may be coming to an end. We explore how that impacts organizations’ talent strategies and why that makes “retaining” the new “recruiting.” Trends in hiring reflect more than the st

Apr 8, 2024
Venture Capital

Early-Stage Workforce Venture Fund Announces $15M First Close

JFFVentures , a pioneering impact venture fund, proudly announces the first close of its second fund at $15M, with an ambitious target of $50 million. This fund is dedicated to empowering tech startups led by founders with lived experiences

Apr 4, 2024
Column

ADP National Employment Report: Private Sector Employment Increased by 184,000 Jobs in March; Annual Pay was Up 5.1%

ROSELAND, N.J. ,  April 3, 2024   -- Private sector employment increased by 184,000 jobs in March and annual pay was up 5.1 percent year-over-year, according to the March ADP ®  National Employment Report™  produced by the ADP Research Inst

Apr 3, 2024
Company News

UNLEASH America 2024: America’s premier HR conference and expo

UNLEASH America to feature more than 200 speakers, including Earvin “Magic” Johnson, across 14 stages and summits, where HR, learning, AI, innovation and inspiration intersect LONDON & LAS VEGAS-- UNLEASH , a global digital media and events

Mar 20, 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
Venture Capital

Workday Announces Intent to Acquire HiredScore

Workday, Inc. has announced the acquisition of HiredScore, a leading provider of AI-powered talent orchestration solutions. This acquisition aims to merge Workday's Talent Management and Skills Cloud with HiredScore's solutions to offer a c

Feb 26, 2024
Earnings

ZipRecruiter's 2023 Financial Triumph: Achieving $49 Million Net Income and $175 Million Adjusted EBITDA in a Challenging Market

ZipRecruiter, a leading online employment marketplace, announced its financial outcomes for Q4 and the entirety of 2023, highlighting resilience amidst a sluggish hiring environment. The company reported a net income of $49 million and an A

Feb 22, 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
Earnings

Kelly Services Inc (KELYA) Reports Q4 Earnings: Adjusted EBITDA Margin Expands Amidst Flat Revenue

Kelly Services Inc (KELYA) announced its Q4 financial results, highlighting stability with flat revenue at $1.2 billion and significant improvements in profitability. Operating earnings surged by 59% to $7.3 million, and net earnings showed

Feb 15, 2024
Company News

Record-Breaking 2023: Paycom Reports Annual Revenues of $1.694 Billion, Up 23%

Paycom Software , Inc. Reports Fourth Quarter and Year-End 2023 Results Full Year Revenues of $1,694 million, up 23% year-over-year Full Year GAAP Net Income of $341 million, representing 20% of total revenues, or $5.88 per diluted share Fu

Feb 7, 2024
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