Search results for “transformation”
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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ADP Announces 2026 HCM Distinction Award Finalists
ADP has announced the finalists for its 2026 HCM Distinction Awards, honoring large employers that exemplify excellence in human capital management and workplace innovation. Selected from a highly competitive pool, these organizations demon
Product NewsPaychex Launches AI Innovation Suite to Transform Workforce Management
Paychex announced a major expansion of its AI-driven capabilities, marking a transformative shift in how organizations manage their workforce. Leveraging one of the industry’s richest datasets, the company is accelerating its evolution from
Company NewsNew Josh Bersin Company Data Spotlight: CHROs Now Face Complex and Difficult Realities
New data from The Josh Bersin Company shows CHROs are facing rising pressures as AI reshapes work. CHRO tenure has dropped from 6 to 4.8 years, 70% are in their first-ever CHRO role, and only 12% rank among top-five earners. With CEOs deman
Venture CapitalEquifax Announces Acquisition of Vault Verify
Equifax has completed its acquisition of Vault Verify, strengthening its position as a leading provider of employment and income verification services. By integrating Vault Verify’s real-time API-driven verification technology, Equifax enha
Company NewsFiverr Announces Third Quarter 2025 Results
Fiverr reported solid Q3 2025 results, surpassing expectations in both revenue and profitability. Total revenue reached $107.9 million, up 8.3% year-over-year, while Adjusted EBITDA hit a record $24.2 million with a 22.4% margin. Despite a
Company NewsUpwork Reports Third Quarter 2025 Financial Results
Upwork posted record Q3 2025 results with revenue of $201.7M (+4% YoY), GAAP net income of $29.3M (+6% YoY), and an all-time-high adjusted EBITDA of $59.6M (30% margin). AI work on the marketplace accelerated—AI-related GSV rose 53% YoY whi
Company NewsThe AI hype check: Fortune companies are not hiring AI-ready workers
Orgvue’s latest analysis of over 10,000 Fortune 100 job postings reveals that AI is not driving the massive layoffs dominating corporate headlines. Only 11% of job postings mention AI, and just 6% specify particular platforms or tools. Desp
Venture CapitalADP Acquires Pequity
ADP has acquired Pequity, a 2019-founded compensation management platform, in a move to enhance its global HR and payroll capabilities. Pequity’s AI-powered tools combine spreadsheet familiarity with enterprise-grade automation, offering bu
Company NewsThe HR Policy Association Announces its Rebrand to the CHRO Association
The HR Policy Association, a Washington-based nonprofit representing over 400 major corporations employing 20 million people worldwide, has officially rebranded as the CHRO Association . The move reflects the evolving role of Chief Human Re
Product NewsWorkday Introduces New Custom AI Model Library to Power Smarter, Faster Contract Reviews
Workday has unveiled its new Custom AI Model Library for the Workday Contract Intelligence Agent , powered by Evisort. With over 120 pre-built AI models , this release enhances Workday’s enterprise AI capabilities by enabling automatic cont
Venture Capitalzvoove Acquires adata Software to Build Germany’s First Fully Integrated Cloud ERP for Facility Management
zvoove, the leading software and AI provider for staffing, security, and cleaning industries, has acquired adata Software GmbH to strengthen its presence in Germany and expand its cloud ERP offering for the facility management sector. The a
Venture CapitalLightcast Acquires Consulting Firm Simply, Extending Its Lead in Skills Intelligence
Lightcast , the global leader in labor market intelligence, has acquired UK-based consulting firm Simply to strengthen its professional services and extend its leadership in skills intelligence. Simply brings expertise in aligning organizat
Company NewsDailyPay Names Veteran Executive Nelson Chai as CEO
DailyPay appointed veteran executive Nelson Chai as CEO, advancing its strategy beyond earned wage access toward broader financial wellness for frontline workers. Chai—formerly Uber’s CFO and DailyPay’s Executive Chair—will lead product inn
Company NewsUKG, the Workforce Operating Platform, Launches Global Rebrand and Campaign, “When Work Works, Everything Works”
UKG has unveiled its global rebrand and new campaign, “When Work Works, Everything Works,” positioning itself as the world’s Workforce Operating Platform. The refreshed brand identity highlights UKG’s AI-powered HR, payroll, and workforce m
Venture CapitalNew York–Based Valence Lands $50M to Bring AI Coaching to Every Worker
Valence , the company behind Nadia—the world’s first enterprise AI coach—has raised $50 million in a Series B round led by Bessemer Venture Partners. With deployments across Fortune 500 companies like Experian, Delta Air Lines, Kraft Heinz,
Product NewsVisier Launches AI-Powered Org Design to Transform Workforce Planning
Visier has launched its new AI-powered Org Design solution as part of its Workforce Planning Suite, aiming to revolutionize organizational design from guesswork into data-driven science. Announced at HR Tech 2025, the tool enables enterpris
Product NewsDraup Launches Etter.ai to Redefine Workforce Planning with Agentic AI
Draup has launched Etter.ai , an agentic AI platform designed to help enterprises transform their workforce strategies. Built on Draup’s extensive global labor and market data, Etter decomposes job roles into individual tasks, classifying t
Company NewsJosh Bersin Company Research Reveals How Talent Acquisition Is Being Revolutionized by AI
The Josh Bersin Company has released new research, in collaboration with AMS, revealing how AI is revolutionizing talent acquisition (TA). The $850 billion global recruiting market is undergoing a seismic shift from manual, fragmented recru
Venture CapitaliCIMS Acquires Apli to Launch Frontline AI Platform for High-Volume Hiring
iCIMS has acquired Apli, a Latin America-based AI recruitment automation company specializing in frontline hiring, to enhance its enterprise talent acquisition platform with powerful conversational AI and assessment tools. This move aims to
Venture CapitalLightcast Acquires Skill Collective to Drive Skills-Based Workforce Transformation Worldwide
Lightcast has acquired Skill Collective to accelerate the global shift toward skills-based enterprises. The deal unites Lightcast’s world-leading labor market data and universal skills taxonomy with Skill Collective’s expertise in strateg
Company NewsDonna Morris, Executive Vice President and Chief People Officer at Walmart Inc., Appointed to UKG Board of Directors
UKG has appointed Donna Morris, Executive Vice President and Chief People Officer at Walmart, to its Board of Directors. With her extensive experience leading global HR operations for Walmart’s 2 million associates and her history of drivin
Venture Capitalzvoove Acquires Spain's Market Leader for Temporary Staffing Solutions, Nivel IV
zvoove, a leading European software and AI provider for temporary staffing, cleaning, and security industries, has acquired Spain’s market leader, Nivel IV. Following its 2024 acquisition of Freematica, this deal positions zvoove as the top
Company NewsWorkday Q2 FY26 Revenue Rises 12.6% to $2.35B, Raises Full-Year Guidance
Workday reported strong fiscal 2026 Q2 results with total revenue of $2.35 billion, up 12.6% year-over-year, driven by 14% growth in subscription revenue. Operating income more than doubled, while non-GAAP operating margin reached 29%. Net
Company NewsUKG Appoints Jim Joudrey as Chief Technology Officer
UKG , a global leader in AI-first HR, payroll, and workforce management solutions, has appointed Jim Joudrey as Chief Technology Officer. With over two decades of experience at Amazon, Salesforce, and AWS, Joudrey will lead UKG’s 4,000+ eng
Company NewsUpwork Inc. Introduces Lifted, a Subsidiary Serving Enterprises with Full Suite of Contingent Workforce Solutions
Upwork Inc. has launched Lifted, a wholly owned subsidiary designed to help enterprises manage the full spectrum of contingent workforce needs, including independent contractors, AOR, EOR, staff augmentation, and SOW engagements. Built on r
Company NewsUpwork Reports Second Quarter 2025 Financial Results
Upwork reported strong Q2 2025 financial results, with record revenue of $194.9 million , GAAP net income of $32.7 million , and adjusted EBITDA of $57.1 million , marking a 17% profit margin and a record 29% EBITDA margin. The company rais
EarningsAdecco Group H1 2025 Results: Market Share Rises Despite Revenue Decline and Margin Pressures
The Adecco Group, a global leader in workforce solutions, released its Half-Year 2025 results today, showing a strong gain in market share amid continued macroeconomic uncertainty and structural headwinds in key markets such as Germany. Whi
Venture CapitalSan Francisco’s Sparrow Secures $35M Series B to Tackle Global Leave Compliance with AI
Sparrow , the first end-to-end leave management platform designed for modern, global companies, has raised $35 million in Series B funding led by SLW, bringing its total funding to $64 million. The company leverages AI and compliance expert
Venture CapitalWingspan Raises $24M Series B in New York to Scale Embedded Contractor Payroll Platform for the $1.4T Flexible Workforce Market
Wingspan , a modern contractor payroll platform, has raised $24 million in Series B funding led by Touring Capital, bringing its total funding to $54 million. The funding will support the rollout of Wingspan Embed—an API-first contractor ma
Company NewsKforce Posts $334M Q2 Revenue, EPS Up 31% QoQ Despite Demand Constraints
Kforce Inc. reported Q2 2025 revenue of $334.3 million and diluted EPS of $0.59, representing a sequential increase amid ongoing macroeconomic uncertainty. Technology and Finance & Accounting (FA) Flex segments both saw modest growth from Q
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