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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300UKG Acquires Shiftboard, a Leading Energy and Manufacturing Employee Scheduling Solutions Provider
UKG has acquired Shiftboard, a top scheduling software provider serving mission-critical sectors like oil and gas, energy, and manufacturing. Shiftboard’s platform optimizes union compliance, fatigue management, and 24/7 operations through
Company NewsTrueBlue Board of Directors Unanimously Rejects Unsolicited Proposal from HireQuest
On May 13, 2025, TrueBlue Inc. (NYSE: TBI), a leading workforce solutions provider, publicly announced its Board of Directors has unanimously rejected an unsolicited acquisition proposal from HireQuest, Inc. The all-stock offer of $7.50 per
Company NewsManpowerGroup Q1 Revenue Falls to $4.1B, Net Income Down 86% Amid Restructuring
In Q1 2025, ManpowerGroup reported $4.1 billion in revenue, marking a 7% year-over-year decline (-5% in constant currency, -2% organic). Net income fell sharply to $5.6 million ($0.12 per diluted share) from $39.7 million ($0.81) a year ear
Venture CapitalSpain-Based Job&Talent Secures €92M to Accelerate AI-Driven Staffing Solutions
Job&Talent , a Spain-based digital staffing platform, has secured €92 million (US$101.3 million) in a Series F funding round, bringing its valuation to €1.3 billion. The funding will accelerate its international growth and support its AI-dr
Venture CapitalNYC Startup Ropes Secures $3.1M to Expand Role-Specific Skill Evaluations
Ropes , a New York-based AI hiring startup, has raised $3.1 million in seed funding led by GSV Ventures to expand its innovative platform that assesses technical candidates based on real-world simulations. Unlike traditional tests or biased
Venture CapitalCanada-Based Ribbon Lands $8M to Build the AI-First Hiring Platform for High-Turnover Industries
Ribbon , an AI-native hiring platform, aims to fix the broken recruitment system by offering intelligent, voice-based interviews and real-time analytics that drastically reduce hiring times and improve candidate experiences. Backed by $8M i
Company NewsUKG Talk Communications Platform Helps Amusement Park Owner Optimize Frontline Operations and Strengthen Staff Unity
UKG, a leader in HR and workforce management solutions, is helping Wahooz Family Fun Zone and Roaring Springs Waterpark enhance workplace culture and operational efficiency through its UKG Talk platform. With a predominantly Gen Z workforce
Product NewsRemote Unveils Recruit: AI-Powered Hiring with One-Click Global Onboarding
Remote has introduced Recruit , an AI-driven talent sourcing solution that simplifies global hiring by providing access to a vast talent intelligence dataset, smart sourcing capabilities, and one-click compliant hiring. Through its partners
Venture CapitalHeyMilo Secures $2.2 Million to Interview and Evaluate Candidates at Scale with AI Agents
HeyMilo , an AI-powered candidate screening platform, has secured $2.2 million in seed funding led by Canaan Partners, highlighting the growing demand for AI-driven hiring solutions. HeyMilo automates the early interview process using AI ag
EarningsAdecco Group Q4 2024 Earnings Report: Revenue at €5.87 Billion, Net Profit Exceeds Expectations at €73 Million
The Adecco Group reported Q4 2024 revenue of €5.87 billion, a 5% organic decline. Despite revenue contraction, the company saw improving momentum, with net profit surpassing forecasts at €73 million. CEO Denis Machuel highlighted cost reduc
Company NewsRecruit Holdings Reports Q3 FY2024 Earnings: Revenue Rises 3.5% to JPY 896.9 Billion (USD 5.83 Billion), Driven by HR Technology Growth
Recruit Holdings , posted a 3.5% year-over-year revenue increase for Q3 FY2024, totaling JPY 896.9 billion (USD 5.83 billion). Operating income surged 28.2%, while adjusted EBITDA climbed 13.5%. The company highlighted stabilization in the
Venture CapitalConverzAI Secures $16M Series A to Transform Recruitment with AI-Powered Virtual Recruiters
Seattle-based ConverzAI has raised a $16M Series A funding round led by Menlo Ventures , with participation from Left Lane Capital, Foundation Capital, and Afore Capital . The company specializes in AI-powered virtual recruiters , automatin
Company NewsDayforce Reports $1.76B in Revenue for 2024, Driving HR Tech Growth
Dayforce , a leading human capital management (HCM) technology provider, reported strong financial results for Q4 and FY 2024, with total revenue reaching $1.76 billion (up 16.3% YoY) and recurring revenue climbing to $1.34 billion (up 20.6
Company NewsNationally Acclaimed Government Organization Creates Flexible, Empowering Workforce Experience with UKG
Western DuPage Special Recreation Association (WDSRA), a government organization offering inclusive programs for individuals with special needs, has implemented the UKG Ready suite to streamline HR, payroll, and workforce management. By ado
Venture CapitalWorkwell Group Expands North American Presence with Acquisition of Eastridge Workforce Management
Workwell Group , a global leader in Human Capital Management (HCM) and Employer of Record (EOR) services, has acquired Eastridge Workforce Management (EWM) from Eastridge Workforce Solutions. This strategic acquisition strengthens Workwell’
Company NewsKforce Reports Fourth Quarter 2024 Revenue of $343.8 Million; Full Year 2024 EPS of $2.68 Per Share; Board of Directors Approves Increase in Quarterly Dividend for Sixth Consecutive Yea
Kforce Inc. (NYSE: KFRC) reported Q4 2024 revenue of $343.8 million , a 5.4% YoY decline , with a full-year 2024 revenue of $1.41 billion , down 7.4% YoY . Despite a stabilized demand for technology services, earnings per share (EPS) fell
Company NewsManpowerGroup Reports 4th Quarter 2024 Results
ManpowerGroup (NYSE: MAN) reported Q4 2024 revenues of $4.4 billion, marking a 5% YoY decline (-3% in constant currency). The company recorded net earnings of $22.5 million, or $0.47 per diluted share, reversing a $84.5 million net loss in
ColumnFor Ninth Time, UKG Ranked #1 in North American Midmarket Use Case in the Gartner Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises Report
UKG has been ranked highest for the ninth consecutive year in the 2024 Gartner® Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises in the North American Midmarket Use Case. Their AI-driven UKG Pro HCM suite empowers
Venture CapitalBelfry Raises $12 Million Series A to Accelerate Innovation and Growth
Belfry Software , a platform designed for physical security providers, announced it has raised $12 million in Series A funding, led by Base10 Partners, with contributions from Bienville Capital and Aglaé Ventures. The funding increases Belf
Product NewsWorkJam Launches Shift Bidding to Simplify Scheduling and Ensure Compliance in Complex Frontline Work Environments
WorkJam introduces Shift Bidding, a new feature designed to simplify scheduling in complex environments like unionized workplaces. This innovative tool ensures compliance with union rules and regulations while empowering employees to rank s
Product NewsSense Releases Conversational Voice AI to Transform Candidate Engagement with Automated Phone Calls
Sense has unveiled its groundbreaking Conversational Voice AI , revolutionizing talent engagement by automating phone conversations for sourcing, screening, and scheduling. Integrated with Sense's powerful Recruiting Automation and Messagin
Venture CapitalAya Healthcare to Acquire Cross Country Healthcare for Approximately $615 Million in Cash
Aya Healthcare is set to acquire Cross Country Healthcare in a $615 million all-cash transaction, offering a 67% premium per share. This strategic move will integrate Cross Country’s 40-year expertise with Aya’s market-leading technology an
Venture CapitalGermany’s zvoove Acquires Netherlands-Based Online Results, Driving Global Innovation in Recruitment Marketing
Germany-based zvoove has acquired Netherlands-based recruitment marketing firm Online Results , integrating their innovative Falcon SaaS platform into zvoove's ecosystem. This move strengthens zvoove's end-to-end solutions for temporary sta
Venture CapitalLiquidAgents Healthcare Acquires Certain Assets of Republic Health Resources
LiquidAgents Healthcare, a leading healthcare staffing agency with over 20 years of experience, has acquired the travel nursing and allied business assets of Republic Health Resources. While Republic will remain an independent brand, its he
Company NewsUKG Unveils Bryte AI Agents and Capabilities to Transform Employee Experiences for the UKG Pro HCM suite
UKG has introduced UKG Bryte™ AI Agents within its Pro HCM suite, leveraging advanced AI like Large Action Models to automate complex processes and enhance workplace experiences. These agents, focusing initially on compliance and talent man
Product NewsStrivr Announces Industry's First XR Training Bundle for Retail Banking
Strivr announced the release of the industry's first off-the-shelf XR training bundle tailored for retail banking and financial services designed to accelerate training and improve employee performance through immersive, AI-powered modules.
Product NewsUKG Launches AI-powered Talent Marketplace Solution to Optimize Skills Development and Close Critical Labor Gaps
UKG has launched the UKG Pro Talent Marketplace, an AI-driven solution to help companies manage internal talent and tap into external gig resources. Designed for both frontline and knowledge workers, the platform empowers employees with too
EarningsRecruit Holdings Achieves $11.99 Billion Revenue in Q2 FY2024 with 5.4% Growth, Notable Increases in Operating Income and EPS
Recruit Holdings Co., Ltd. reported solid Q2 FY2024 financial results, with revenue reaching ¥1.7987 trillion, a 5.4% year-over-year increase. Adjusted EBITDA grew by 11.9% to ¥367.2 billion, while operating income rose 13.4% to ¥269.7 bill
EarningsHireQuest Reports Q3 Growth: Franchise Royalties Increase to $9M, Adjusted Net Income Rises 29%
HireQuest , Inc., a national franchisor of staffing services, reported its Q3 2024 financials, showing slight growth in key revenue streams despite market challenges. Franchise royalties grew by 0.9% to $9.0 million from $8.9 million in the
EarningsAdecco Group Q3 2024 Financial Results: Resilient Performance Amid Market Headwinds, Revenue Decline of 5%
Adecco Group's Q3 2024 revenue saw a 5% decline on an organic and trading days adjusted basis, attributed to a challenging macroeconomic environment and sectoral pressures, particularly in logistics, healthcare, and manufacturing. The compa
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