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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
Venture Capital

Workstaff closes $1.6M CAD in seed funding for the next phase of its workforce management software

Workstaff , a Montreal-based provider of workforce management tools, has secured $1.6M CAD in seed financing from Impulsion PME and Anges Québec. This investment will facilitate Workstaff’s global expansion and enhance its platform, which a

Jul 24, 2024
Venture Capital

Wilya Secures $4 Million in Seed Funding Led by Ironspring Ventures to Bring Flexibility to the Manufacturing and Supply Chain Workforce

Wilya , previously known as Gig and Take, has secured $4 million in seed funding led by Ironspring Ventures. This funding will support Wilya's mission to transform HR practices in the manufacturing and supply chain sectors through its innov

Jun 24, 2024
Venture Capital

Hueman Acquires PrincetonOne: A New Era of Specialized RPO Services

Hueman   People Solutions, a leading recruitment process outsourcing (RPO) and talent acquisition firm, has acquired PrincetonOne, a notable RPO provider with expertise in the Pharmaceutical, Biotech, Life Sciences, Manufacturing, and Indus

Jun 24, 2024
Venture Capital

AI-Driven Training Platform Learn to Win Raises $30M to Scale Defense and Commercial Operations

Learn to Win , an enterprise SaaS training platform specializing in personalized, predictive, and secure training software, has successfully closed a $30 million Series A funding round led by the Westly Group, with participation from Norwes

Jun 13, 2024
Company News

O.C. Tanner Elevates Scott Sperry to CEO and President

O.C. Tanner, a leader in strengthening organizational culture through employee recognition, has announced Scott Sperry as its new CEO and president. Sperry succeeds Dave Petersen, who retires after a notable 41-year tenure. Sperry, ascendin

Jun 12, 2024
Venture Capital

JobGet 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

Jun 10, 2024
Venture Capital

Rising Team Raises $8 Million Series A and Introduces Personalized AI Leadership Coach for Building High-Performing Teams

Rising Team, based in Menlo Park, California, has successfully secured $8 million in Series A funding led by Zeal Capital Partners. This investment will support the expansion of its team performance platform, focusing on AI enhancements, hi

Jun 6, 2024
Company News

Paycom Announces Promotions of Randy Peck to COO, Jennifer Kraszewski to CHRO and Matt Paque to CLO

Paycom Software, Inc. has announced major leadership promotions, positioning Randy Peck as Chief Operating Officer, Jennifer Kraszewski as Chief Human Resources Officer, and Matt Paque as Chief Legal Officer. These appointments reflect the

May 31, 2024
Company News

Dayforce Delivers Dayforce® Flex Work

Dayforce, Inc., a leader in human capital management (HCM), has launched Dayforce Flex Work in the United States. This on-demand marketplace helps organizations efficiently manage fluctuating labor demands by connecting them with flexible,

May 22, 2024
Company News

Visier's First Quarter of 2024 Marks Unprecedented Scale in Generative AI Production Use and Transformational Investment in Analytic Platform Capabilities

Visier , a leader in people analytics, announced key achievements for Q1 2024. Highlights include the launch of "Vee," a generative AI assistant, and the "Open for Builders" initiative. Visier's AI technology now serves 2.1 million Paycor e

May 14, 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
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
Product News

Phenom Releases Massive Wave of HR Tech Innovation: Talent Experience Engine, Next-GenAI Agents, New Platform Experiences, and Updates for Talent Acquisition and Talent Management

Phenom has unveiled a significant update to its HR tech offerings during the IAMPHENOM 2024 Product Innovation Keynote in Philadelphia. The update introduces several new features aimed at enhancing talent acquisition and management. These i

Apr 26, 2024
Venture Capital

Paraform Secures $3.6M in Seed Funding to Revolutionize Recruitment for Startups

Paraform , a recruitment platform dedicated to startups, has recently secured a $3.6 million seed funding round led by A*. The platform utilizes the skills of recruiters displaced by the tech industry layoffs in 2022 and 2023, connecting st

Apr 15, 2024
Venture Capital

Vangst Acquires CannabizTemp, CannabizTeam's Temp Staffing Division

Vangst , a prominent hiring platform for the cannabis industry based in Denver, has made a significant acquisition of CannabizTemp, the temporary staffing division of CannabizTeam. This marks the first acquisition in the cannabis HR sector.

Apr 12, 2024
Venture Capital

Inverness Graham Revolutionizes Employee Engagement with BenefitHub Acquisition

Inverness Graham, a prominent Philadelphia-based buyout firm known for its strategic investments in technology-driven companies, has recently announced its acquisition of BenefitHub . Founded in 1999, BenefitHub stands out as a leading plat

Apr 10, 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
Product News

Oracle NetSuite Supercharges the Suite with Expansion of Generative AI Capabilities

Oracle NetSuite has expanded its generative AI capabilities within its suite, introducing NetSuite Text Enhance to foster improved productivity and efficiency across various domains including finance, supply chain, sales, marketing, and cus

Mar 28, 2024
Company News

Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion

Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move

Mar 20, 2024
Company News

Cornerstone Acquires Talespin

Cornerstone OnDemand Inc. , a pioneer in learning and talent solutions, has announced its acquisition of Talespin's extended reality (XR) capabilities, emphasizing a shift towards immersive spatial learning in the workplace. This strategic

Mar 20, 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
Venture Capital

ServiceNow Announces Acquisitions of 4Industry and EY Smart Daily Management Application to Drive Innovation for Smart Industrial Environments and Connected Workers​

ServiceNow, a leader in digital workflows, has announced the acquisition of 4Industry and Smart Daily Management from EY, bolstering its operational technology management capabilities. This strategic move enhances ServiceNow's offerings wit

Mar 18, 2024
Product News

Oracle Adds New Generative AI Capabilities to Oracle Fusion Cloud Applications Suite

Oracle announced new generative AI capabilities within the Oracle Fusion Cloud Applications Suite, enhancing decision-making and employee/customer experiences across various domains such as finance, supply chain, HR, and marketing. These ca

Mar 14, 2024
Product News

Verve Motion Unveils Integrated Software and Data Analytics Platform to Elevate Industrial Worker Safety and Operations with its Wearable Robotics Exosuit

Verve Motion has launched a revolutionary software and data analytics platform, Verve Logic, which integrates with their SafeLift exosuit to improve industrial worker safety and operational efficiency. The platform analyzes data from sensor

Mar 6, 2024
Venture Capital

First Advantage to Acquire Background Check Company Sterling for $2.2 Billion in Cash and Stock

First Advantage Corporation has announced a definitive agreement to acquire Sterling Check Corp. for approximately $2.2 billion, inclusive of debt. The merger unites complementary technology and services in employment background screening a

Feb 29, 2024
Company News

Docebo Reports Fourth Quarter and Fiscal Year 2023 Results

Docebo Inc., a leader in AI-driven learning platforms, announced its Q4 and fiscal year 2023 financial results, showcasing significant growth. With a 28% increase in subscription revenue to $46.5 million and a total revenue rise of 27% to $

Feb 23, 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

Frontline Workers Have Greater Mental Health Needs, Yet Are Less Likely to Seek Help, Study Finds

The meQuilibrium study highlights a significant mental health crisis among frontline workers, revealing they face higher rates of anxiety, depression, and stress compared to their non-frontline counterparts. Despite the greater need for sup

Feb 8, 2024
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