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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300London-based Pearson Closes Acquisition of PDRI
Acquisition to significantly expand Pearson’s services to U.S. Federal Government March 23, 2022, London – Pearson today announces it has completed the acquisition of Personnel Decisions Research Institutes, LLC (‘PDRI’), a trusted pro
Venture CapitalIndiana-based Elwood Acquires NAOS Staffing in Third Deal of the Year
Elwood Staffing , a Columbus, Indiana-based staffing firm, announced today its acquisition of Georgia-based NAOS Staffing, a regional provider of on-site contingent staffing and workforce management solutions. It’s the third buy this year f
Venture CapitalWorkera closes $23.5m Series B financing, establishing itself as a leader in Skills Intelligence
PALO ALTO, Calif. , March 23, 2023 / -- Workera , an industry-leading skills intelligence platform, announced today that it has closed a $23.5m Series B financing led by Jump Capital with participation from existing investors NEA , O
Company NewsIndeed, an American worldwide employment website, Lays Off 2,200 Workers Globally
MARCH 23, 2023/-- Indeed , an American worldwide employment website for job listings, lays off 2,200 workers globally. With sponsored job ads down 33% Indeed is reducing its workforce. This message was shared earlier today with Indeed emplo
Venture CapitalGermany-based zvoove Group Acquires ProSolution to further expand its portfolio by adding horizontal SaaS solutions
zvoove Group expands portfolio and underlines its status as the leading SaaS provider of personnel services software in Europe Lohne/Schaanwald (Liechtenstein), 02 March 2023 - The zvoove Group, the market-leading provider of software for
Company NewsKanarys And MAC Diversity Recruiters Partner To Advance DEIB Efforts In The Workplace
MARCH 22,2023/-- Kanarys , a diversity, equity, inclusion, and belonging (DEIB) technology company focused on providing the tools organizations need to create systemic change around DEIB challenges, and MAC Diversity Recruiters , a boutiqu
Venture CapitalGable Raises $16 Million to Help Remote Employees Work Together
SAN FRANCISCO , Feb. 28, 2023 -- Gable , the startup that helps distributed companies manage office space for their workforce, today announced a $16M funding. On Gable's portal, employees can see where their coworkers are working that da
Product NewsPaylocity Unveils AI Assist™ – Leading the Industry in Integrating Generative AI into HCM Software
Leveraging OpenAI—the developer of ChatGPT—AI Assist Uses Artificial Intelligence to Enable Faster and More Effective Communications Across the Enterprise SCHAUMBURG, Ill., March 21, 2023 -- Paylocity (NASDAQ: PCTY) today announced AI Assis
Company NewsWorkhuman Announces 10% Global Workforce Reduction Amid Business Realignment
Workhuman, a leading employee engagement and recognition platform, has announced a difficult decision to reduce its global workforce by approximately 10% in order to realign its investments, balance growth and profitability, and address the
Venture CapitalGermany-based Ordio Raises €2.9M in Seed Funding
Ordio , a Cologne, Germany-based startup digitalizing the workforce management and scheduling of companies with shift operations, raised €2.9m in seed funding. Backers included Capnamic & Simon Capital . The seed round was Ordio ’s second f
OpinionRippling's Swift Crisis Management: A Lesson in Resilience and the Importance of Reliable Partners
In the ever-evolving world of business, a company's ability to adapt and overcome challenges is crucial for long-term success. Recently, Rippling, a workforce management company, found itself in the midst of a financial crisis when Silicon
Venture CapitalWingspan Secures $14 Million in Series A Funding to Boost Payroll and Benefits Platform for Flexible Workforce
NEW YORK, March 16, 2023-- Wingspan , a leading payroll and benefits platform specifically designed for flexible workforces, announced today that it has secured $14 million in Series A funding. This latest round, led by Andreessen Horowitz,
Venture CapitalRiseKit raises $4.75M for recruiting diverse talent, empowering marginalized communities with job opportunities
MARCH 15, 2013/-- RiseKit , a US-based startup looking to change the way enterprises source diverse talent from community organizations, recently raised $4.75 million in funding. The failure of Silicon Valley Bank (SVB) has rocked markets a
Company NewsWorkday:How AI and ML Are Powering the Future of Work
At Workday, we’ve embedded AI and ML into the very core of our platform—delivering unrivaled business adaptability and competitive advantage to our customers. Here’s how. Workday has long believed that artificial intelligence (AI) and machi
Venture CapitalAG5 raises €6 million from Headline, Peak to save the manufacturing industry from Excel
AMSTERDAM , March 14, 2023 / -- AG5 , the SaaS platform used to map and track employees' skills and qualifications, has raised €6 million in a new round of investment. Last year, the company received €1.2 million from tech investor Peak. S
Company NewsCoachHub Showcases Coaching Effectiveness with its Advanced Insights Hub
New York, March 14, 2023 – CoachHub , the leading global digital coaching platform, reveals today its latest innovation in coaching program analytics, CoachHub Insights™. Available exclusively to CoachHub clients, these enhanced dashboard
Company NewsKorn Ferry Announces Third Quarter Fiscal 2023 Results of Operations
Korn Ferry reports fee revenue of $680.8 million in Q3 FY’23, essentially flat (increase of 4% at constant currency) from Q3 FY’22. Net income and adjusted net income attributable to Korn Ferry were $11.2 million and $53.0 million in Q3 FY’
Company NewsLattice Launches People Strategy Group to Advise HR Leaders and Executives on Designing People Programs that Drive Business Success
The People Strategy Group will help businesses meet the most critical challenges in the workplace by designing people strategies that drive high-performing teams to achieve business success. SAN FRANCISCO , March 7, 2023 / -- Lattice, the
Company NewsPapaya Global Named to Fast Company's Annual List of the World's Most Innovative Companies for 2023
TEL AVIV, Israel , March 2, 2023 -- Papaya Global , the SaaS fintech company providing global payroll and payments technology, has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2023. T
Venture CapitalMercer acquires Leapgen, furthering investment in digital HR strategy market
Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE: MMC), today announced the acquisition of Leapgen , a leading Human Resources (HR) technology advisory firm focused on digital strategy and tran
AcquisitionSterling Expands Through Acquisition of A-Check Global
NEW YORK — Sterling Check Corp. (NASDAQ: STER), a leading global provider of background screening and identity services, today announced that it has acquired A-Check Global in a highly complementary deal that will expand Sterling’s presen
Venture CapitalEmployee Recognition Platform Provider Bonusly Raises $18.9 Million in Series B Financing, Led by Ankona Capital
No. 1 Employee Recognition Platform Provider Expands its Organizational Analytics Capabilities, Empowering Organizations to Make Data-Driven Decisions and Maximize Performance BOULDER, Colo. , Feb. 28, 2023 -- Bonusly , an engaging recog
Venture CapitalWorkspace Management Provider Gable Raises $16 Million to Help Remote Employees Work Together from Anywhere
With Gable, companies let employees choose from over 2,000 office spaces and work alongside their teammates SAN FRANCISCO , Feb. 28, 2023 /PRNewswire/ -- Gable , the startup that helps distributed companies manage office space for their
Venture CapitalTalent Management and Engagement Suite WorkLLama Raises $50M to Accelerate Growth in Direct Sourcing and Talent Relationship Management
WorkLLama raises investment to continue evolving its platform of products to serve enterprise and staffing markets ALPHARETTA, Ga. , Feb. 24, 2023 -- WorkLLama , technology provider of an AI-driven, talent marketing, relationship manageme
Venture CapitalAtlanta Staffing Startup LaborWorx Raises $4.2 Million to Revolutionize the Way Companies Find, Hire, and Pay Skilled Workers
ATLANTA , Feb. 22, 2023 -- LaborWorx , a tech-enabled staffing startup that helps construction and manufacturing companies connect with on-demand workers, has raised $4.2 million to continue its mission of solving the skilled worker sho
Venture CapitalLeading Provider of Productivity and Operational Excellence Solutions Connors Group Announces Investment from RLH Equity Partners to Support Rapid Growth
PITTSBURGH , Feb. 21, 2023 -- Connors Group , a leading provider of productivity and operational excellence solutions, is pleased to announce that it has secured a significant growth equity investment from RLH Equity Partners . The inves
Venture CapitalTalent Assessment Provider Plum Raises $6 Million USD to Help Employers Ensure Their Employees Flourish
Award-Winning Talent Assessment Provider Matches People and Positions, Building Productive and Fulfilled Workforces WATERLOO, Ontario (February 21 2023) – Revolutionary talent assessment platform Plum today announced details of its $6 mill
Venture CapitalEmpyrean Acquires Employee Communications and Engagement Platform and Launches +YOU, a Holistic Solution That Improves Employee Productivity, Wellbeing, and Retention
HOUSTON , Feb. 20, 2023 -- Empyrean , a company committed to building better corporate cultures through benefits, today announced the acquisition of employee communication and engagement platform Enspire . Through the acquisition, Empyr
EarningsAMN Healthcare Announces Fourth Quarter and Full Year 2022 Results, Revenue Falls 17% in Q4 with Decline in ‘Nurse and Allied Solutions,’ Revenue up in Other Segments
Quarterly revenue of $1.13 billion , 4% above high end of guidance; GAAP EPS of $1.88 and adjusted EPS of $2.48 DALLAS, Feb. 16, 2023 -- AMN Healthcare Services , Inc. (NYSE: AMN), the leader and innovator in total talent solutions for
Company NewsOutbound Recruiting Platform hireEZ Announces GPT3-Powered Platform Feature for Candidate Outreach
MOUNTAIN VIEW, Calif. , Feb. 15, 2023 -- hireEZ , the end-to-end outbound recruiting platform, today announced it will offer generative AI functionality in a product release slated for March 9 . The update will leverage the Generative Pr
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