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Venture Capital

Deel Extends Strategic Investment in Alviere to Enhance U.S. Worker Payments

Alviere , an embedded finance platform provider, has announced that Deel, a global HR and payroll company, has extended its strategic investment with Alviere to enhance U.S. payments. This partnership aims to provide international contracto

May 28, 2024
Company News

Stacy Greiner Elevated To Interim CEO For DailyPay

DailyPay announced the appointment of Stacy Greiner as interim CEO, effective June 1, 2024, following Kevin Coop's decision to step down and serve as a board advisor. Greiner, the current COO, has been integral to overseeing DailyPay's busi

May 28, 2024
Product News

Rightpoint, a Genpact Company, Launches Knowledge AI and Search Function to Drive Productivity Across Enterprises

Rightpoint , a global experience leader and a Genpact company, has launched its Knowledge AI and Search solution. This solution integrates Microsoft Azure AI, Azure OpenAI Service, Azure AI Search, Copilot for Microsoft 365, and Microsoft V

May 28, 2024
Product News

Culture Amp’s Generative AI roadmap: Looking ahead

In an evolving workforce landscape, Culture Amp leverages generative AI through a partnership with Google Cloud's Vertex AI to enhance HR capabilities. By introducing AI-powered Comment Summaries, HR leaders can quickly understand employee

May 27, 2024
Column

Workday's Q1 FY2025: A Surge in Revenues and AI-Driven Growth

Workday, Inc. reported impressive fiscal 2025 first-quarter results, showcasing strong revenue growth and significant improvements in profitability. Total revenues reached $1.990 billion, an 18.1% year-over-year increase, while subscription

May 23, 2024
Company News

Defense Intelligence Agency (DIA) Selects Workday to Accelerate its Human Resources Modernization Efforts

Workday has announced that the Defense Intelligence Agency (DIA) has selected Workday Government Cloud to modernize its human resources processes, marking Workday's entry into the U.S. Intelligence Community. This partnership, supported by

May 23, 2024
Company News

Leadership, benefits, and technology risks top of mind for risk and HR professionals surveyed by Mercer and Marsh

The US People Risk 2024 Report by Mercer and Marsh, businesses of Marsh McLennan, highlights the top people risks identified by over 1,000 risk and HR professionals nationwide. The report reveals that ineffective leadership, improper reward

May 23, 2024
Company News

Lattice Welcomes Cheryl Sanclemente as Chief Communications Officer to take the Lattice Story to New Heights

Lattice is pleased to announce the expansion of its executive leadership team with the appointment of Cheryl Sanclemente as the company’s first Chief Communications Officer. Cheryl brings nearly two decades of experience in global corporate

May 22, 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
Venture Capital

Cornerstone Accelerates Jobs-to-Skills Transformation with SkyHive Acquisition

Cornerstone OnDemand Inc. announced its acquisition of SkyHive Technologies' workforce skills intelligence capabilities and expert team. This move enhances Cornerstone's skills transformation offerings, integrating SkyHive's AI-powered plat

May 22, 2024
Column

Workday VNDLY Named a Leader in Everest Group's Vendor Management Systems (VMS) PEAK Matrix® Assessment 2024

Workday, Inc. announced that Workday VNDLY has been recognized as a Leader and Star Performer in Everest Group's Vendor Management Systems (VMS) PEAK Matrix® Assessment 2024. This marks the fourth consecutive year Workday VNDLY has been nam

May 22, 2024
Company News

ATD Recognizes Exceptional Achievements in the Talent Development Industry

The Association for Talent Development honored organizations and individuals for their commitment to workplace talent development practices.  Marshall Goldsmith  and  Britt Andreatta  were recognized for their contributions to the industry.

May 22, 2024
Column

hireEZ Partners With Leading Job Boards, Introduces 'Sourcing Hub' Feature

hireEZ has introduced Sourcing Hub, a new platform feature providing direct access to candidate profiles from job boards like Monster, Resume-Library, and CV-Library. This innovation integrates active talent from these job boards with hireE

May 21, 2024
Column

Fast-Growing 250-Employee Business Decreases Payroll Processes up to 75% with UKG Ready

UKG, a leader in HR and payroll solutions, has enabled Purple Wave Auction to streamline operations and enhance employee experience using the UKG Ready suite. The rapidly growing online equipment auction marketplace, with 250 employees, has

May 21, 2024
Venture Capital

PowerToFly Acquires Upskilling Platform Skillcrush

PowerToFly, a leader in talent management for diverse professionals, has acquired Skillcrush, an education platform focused on technical upskilling for underrepresented groups. This strategic move enhances PowerToFly's offerings, which incl

May 21, 2024
Product News

First Ever: Plum Brings Company Culture, Career Navigation and Deep Talent Insights Together Through New Products

Revolutionary talent assessment provider Plum  has launched two innovative products: PlumThrive™ and PlumFlourish™. PlumThrive is a Talent-Drive Platform offering deep insights into role fit, skills, and cultural dynamics, combining psychom

May 21, 2024
Company News

Josh Bersin Company Launches AI Assistant Galileo™ to Transform HR Management

At Irresistible 2024, The Josh Bersin Company announced the general availability of Galileo™, an AI assistant designed to support HR professionals. Galileo is already in use by over 10,000 HR professionals across more than 60 Global 2000 or

May 20, 2024
Company News

Jet BI Digitally Cloned all its Employees Using AI

Jet BI, in collaboration with AI startup Eternity.AC, has digitally cloned its entire team of 60 employees to create AI-twins that users control completely. These digital doubles serve both professional and personal roles, fully managed by

May 20, 2024
Company News

PEO Industry to Gather in Washington to Celebrate National PEO Week May 19-25

ALEXANDRIA, Va. ,  May 17, 2024   -- Hundreds of owners, executives and employees of professional employer organizations (PEOs) around the country will be gathering in Washington, DC  next week to celebrate National PEO Week, which recogniz

May 17, 2024
Product News

Edge of Bliss Transforms the Job Search Experience with Advanced AI

Edge of Bliss has launched Edge GPT, an AI-powered career assistant designed to transform the job search experience for both job seekers and employers. Edge GPT offers personalized resume and cover letter creation, job search optimization,

May 17, 2024
Product News

Harri Announces Product Innovation Designed to Propel the Frontline Employee Experience and Restaurant Profitability

Harri , a leading Frontline Employee Experience platform, has announced its latest product release, featuring 70 new features and updates designed to enhance the efficiency and engagement of hospitality organizations. The Summer 2024 Releas

May 16, 2024
HotNews

BIDEN-HARRIS ADMINISTRATION ANNOUNCES GROUNDBREAKING AI PRINCIPLES FOR WORKER WELL-BEING

The Biden-Harris administration, through the Department of Labor, has introduced a comprehensive set of AI principles aimed at enhancing worker well-being and rights. These principles, developed following President Biden’s Executive Order,

May 16, 2024
Company News

Randstad Digital Acquires Torc, the AI-powered Digital Talent Marketplace

Randstad NV, the world's leading talent company, announced the acquisition of Torc, an AI-powered talent marketplace platform. This acquisition aims to strengthen Randstad Digital's capabilities in providing global digital talent, particula

May 16, 2024
Product News

Eightfold AI Talent Tracking Brings an AI-native ATS to Every Organization

Eightfold AI  has launched Eightfold Talent Tracking, an AI-native, end-to-end talent acquisition system, replacing traditional applicant tracking systems. This innovative solution integrates seamlessly with Eightfold's Talent Intelligence

May 15, 2024
Earnings

Recruit Holdings Reports FY2023 Earnings with ¥3,416.4 Billion Revenue and Significant Profit Growth

Recruit Holdings Co., Ltd. announced its financial results for FY2023, showing a slight revenue decrease but significant profitability improvements. Revenue was ¥3,416.4 billion, down 0.4%, while adjusted EBITDA rose 9.8% to ¥598.3 billion.

May 15, 2024
Product News

Fountain Launches New AI Products to Help Customers Manage Frontline Workforce

Fountain , the leading platform for frontline workforce management, has introduced four new products: Fountain Assist, Fountain I-9 Center, Fountain Reach, and Fountain Communicate. These tools are designed to enhance hiring, onboarding, an

May 15, 2024
Company News

Indeed to Lay Off 1,000 Employees in Strategic Move to Simplify Operations

Indeed , the career site, announced the layoff of approximately 1,000 employees, constituting about 8% of its U.S. workforce. This decision, conveyed through a letter from CEO Chris Hyams, primarily affects the Research & Development and Go

May 14, 2024
Company News

End of an Era: Meta to Shut Down Workplace by 2026

Meta, formerly known as Facebook, is closing down its enterprise communications platform, Workplace . The service will be available until September 2025, then read-only until May 2026, after which it will be fully decommissioned. Meta recom

May 14, 2024
Venture Capital

Sona, next-generation workforce management for frontline, raises $27.5M Series A led by Felicis

Sona , an advanced workforce management platform for frontline enterprises, announced a $27.5M Series A funding led by Felicis, with participation from Northzone, Gradient, and others. This brings Sona's total funding to over $40M. The capi

May 14, 2024
Venture Capital

Anthropos raises $2.7M to help companies build the workforce of the future using AI

Anthropos , a startup with offices in the US and Switzerland, has raised $2.7 million in pre-seed funding to address the pressing issues of talent shortage and skills development. The platform, founded by Stefano Bellasio and Giacomo Marina

May 14, 2024
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