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Company News

TrueBlue Reports Second Quarter 2024 Results

TrueBlue reported its second quarter 2024 results, highlighting a challenging market environment marked by economic uncertainty and client caution. Revenue for the quarter was $396 million, down 17% from the previous year. The company incur

Aug 5, 2024
Venture Capital

Skillfully Secures $2.5 Million in Seed Funding to Revolutionize Recruitment

Skillfully , a pioneer in simulation-driven hiring solutions, has secured $2.5 million in seed funding led by Better Ventures. This funding will enhance Skillfully's platform, which uses advanced AI tools and a modern skill taxonomy to revo

Aug 5, 2024
Company News

Paylocity Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results

Paylocity announced strong financial results for Q4 and FY 2024, with notable increases in revenue and profitability. Q4 2024 saw a 16% rise in total revenue to $357.3 million and a 15% rise in recurring revenue to $324.7 million. For FY 20

Aug 1, 2024
Venture Capital

Ema Secures $50M in Series A Funding to Revolutionize Workplace Efficiency with AI

Ema , a leading generative AI company, announced the increase of its Series A funding to $50M, bringing its total raised to $61M. The latest $36M addition was led by Accel and Section 32, with participation from several notable investors. E

Aug 1, 2024
Company News

Insperity Achieves 16% Gross Profit Growth in Q2 2024 Amid Economic Challenges

Insperity , Inc. reported strong financial results for Q2 2024, despite a slight decrease in the average number of worksite employees (WSEEs). Gross profit increased by 16% to $260 million due to strong pricing and lower benefits costs. Net

Aug 1, 2024
Company News

Workday Transforms How Companies Hire and Manage Talent with New AI-Powered HR Solutions

Workday has announced the integration of HiredScore AI for Recruiting and Talent Mobility into its platform, aiming to boost recruiter productivity and streamline talent management. These AI enhancements will assist organizations in acceler

Aug 1, 2024
Venture Capital

When Announces $4.6 Million in Seed Funding to Transform the Employee Offboarding Experience

When, an AI-powered offboarding solution, has raised $4.6 million in a Seed funding round led by B Capital, bringing its total funding to $7 million. The funding will be used to expand When's AI-powered health insurance marketplace and grow

Aug 1, 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
Earnings

ADP Reports Fourth Quarter and Fiscal 2024 Results; Provides Fiscal 2025 Outlook

ADP , a global leader in human capital management solutions, reported strong financial results for Q4 and fiscal 2024, with revenues increasing by 7% to $19.2 billion and net earnings rising by 10% to $3.8 billion. The company saw an 11% gr

Jul 31, 2024
Earnings

Fiverr Announces Second Quarter 2024 Results

Fiverr International Ltd. reported solid Q2 2024 financial results, showcasing resilience amid macroeconomic volatility. Key achievements include revenue exceeding guidance midpoints, strong Adjusted EBITDA, and robust free cash flow. Fiver

Jul 31, 2024
Venture Capital

WorkJam Announces $20 Million Investment from Export Development Canada to Expand International Operations

WorkJam , a global leader in digital frontline workplace solutions, has secured a $20 million investment from Export Development Canada to accelerate its growth in the EMEA region. This funding will support WorkJam's efforts to equip hourly

Jul 31, 2024
Venture Capital

Tezi raises $9M to launch Max: the first fully autonomous AI recruiter

Tezi.ai an innovative startup, has raised $9 million in seed funding, led by 8VC and Audacious Ventures, to advance its autonomous AI agent for recruitment, named Max. This AI agent is designed to streamline the end-to-end hiring process, i

Jul 31, 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
Venture Capital

LightBay Capital Makes Strategic Investment in Questco, a National Leader in Outsourced HR Services

LightBay Capital has made a strategic investment in Questco, a leading professional employer organization (PEO) specializing in outsourced HR services. This partnership aims to support Questco’s growth through direct sales efforts, acquisit

Jul 31, 2024
Venture Capital

Fiverr Deepens eCommerce Solutions with Acquisition of Leading Dropshipping Automation Tool AutoDS

Fiverr has announced its acquisition of AutoDS, a subscription-based platform providing comprehensive solutions for dropshippers, including product research, inventory management, and automated fulfillment. AutoDS serves tens of thousands o

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
Product News

Cangrade Launches Innovative Candidate Matching and Internal Talent Marketplace for Enhanced Recruitment and Employee Engagement

Cangrade   has unveiled two groundbreaking products, Candidate Matching and Internal Talent Marketplace, designed to revolutionize recruitment efficiency and employee engagement. These AI-driven tools optimize talent acquisition and interna

Jul 30, 2024
Company News

UKG Names Jennifer Morgan as Chief Executive Officer

UKG, a leading provider of HR, payroll, workforce management, and culture solutions, has appointed Jennifer Morgan as its new CEO. Morgan, a former Co-CEO of SAP and a member of UKG's Board of Directors since 2021, succeeds Chris Todd, who

Jul 29, 2024
Product News

Netchex Unveils 'Insights' -- Transforming HCM Data Effortlessly into Actionable Stories for HR & Finance Teams

Netchex has launched 'Insights,' a data platform designed to simplify data analysis for HR and Finance professionals. This tool enables users to transform raw data into actionable insights without requiring technical expertise. 'Insights' f

Jul 29, 2024
Product News

Talkpush Unveils Sam: The AI-Powered Voice Interviewer Transforming Recruitment

Talkpush   has introduced Sam, an AI-powered voice interviewer that leverages generative AI, NLP, and machine learning to offer real-time, personalized interactions with job candidates. This innovative tool processes candidate profiles inst

Jul 29, 2024
Earnings

TriNet's Q2 2024 Highlights: Revenue Growth, Strong Sales, and Positive Customer Retention

TriNet Group, Inc. reported its financial results for the second quarter of 2024, highlighting a 1% growth in total revenues to $1.2 billion and a 5% increase in professional service revenues to $186 million. The net income per diluted shar

Jul 26, 2024
Product News

ZipRecruiter Introduces Game-Changing AI Features to Simplify Finding Your Perfect Job

ZipRecruiter® , a prominent online employment marketplace, has unveiled a series of innovative tools designed to streamline the job search process. These enhancements, powered by advanced AI technology, offer job seekers new ways to discove

Jul 25, 2024
Product News

Aya Healthcare Introduces LotusOne, a Complete Technology Platform to Manage External Labor and Optimize Employed Talent

Aya Healthcare , the largest healthcare talent software and staffing company in the U.S., has launched LotusOne, a comprehensive workforce optimization platform designed to enhance the management of external labor and the planning, sourcing

Jul 25, 2024
Earnings

Robert Half Reports $68M Net Income in Q2 2024 Amid Macroeconomic Pressures

Robert Half Inc. reported its second-quarter financial results for 2024, revealing a net income of $68 million, or $0.66 per share, on revenues of $1.473 billion. This reflects a decrease from the same period in 2023, which saw a net income

Jul 24, 2024
Company News

Salesforce and Workday Form Strategic Partnership, Unveil New AI Employee Service Agent

Salesforce and Workday have announced a strategic partnership to develop an AI-powered employee service agent that enhances productivity, lowers costs, and improves employee experiences. By integrating Salesforce's CRM data with Workday's H

Jul 24, 2024
Venture Capital

Passionfruit Closes $9m Series A Funding to Scale its Platform for Independent Work

Passionfruit , a London-based start-up founded in 2022, has secured $9 million in Series-A funding from prominent investors, including Seaya, Firstminute, and Playfair Capital. The platform connects freelance workers with companies such as

Jul 24, 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
Product News

Oracle Helps HR Teams Boost Employee Productivity and Drive Success

Oracle has introduced new user experience capabilities within Oracle Fusion Cloud Human Capital Management (HCM) , known as Oracle Activity Centers . These centers, designed with Oracle's Redwood user experience, are tailored for employees,

Jul 23, 2024
Product News

Greenhouse's Summer 2024 Release: Revolutionizing Hiring with AI and Real-Time Data

Greenhouse, a leading hiring platform, announced its Summer 2024 product release featuring new tools to optimize the hiring process and reduce bias. Key updates include Pave Market Data integrated with Greenhouse Offer Data for comprehensiv

Jul 23, 2024
Product News

Fiverr Shows Its Transformation From a Services Marketplace to a Hiring Platform With Its 2024 Summer Product Release

Fiverr is expanding its platform from a services marketplace to a comprehensive hiring solution with its new summer product release. This includes deeper AI integration with Fiverr Neo, a new professions catalog, hourly rate options, and sa

Jul 23, 2024
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