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Venture Capital

Atlantic International Acquires Staffing 360: Creating a Leading Human Capital Powerhouse

Atlantic International Corp. and Staffing 360 Solutions, Inc. have entered into a definitive merger agreement aiming to establish a leading company in human capital management, workforce solutions, and outsourced services. With projected co

Nov 4, 2024
Earnings

TrueBlue Reports 19% Revenue Decline in Q3 2024 but Accelerates Digital Transformation to Drive Future Growth

TrueBlue, a leading workforce solutions provider, reported its third-quarter 2024 financial results, highlighting a 19% year-over-year revenue decline to $382 million and a net loss of $8 million. Despite challenging market conditions, the

Nov 4, 2024
Venture Capital

Toothio Raises Additional $5M to Address Dental Staffing Shortage

Toothio , a leading digital marketplace for dental staffing, has announced an additional $5 million in financing led by nvp capital and Craft Ventures, with several other investors participating. This funding supports Toothio's expansion in

Oct 30, 2024
Company News

28 Higher Education Institutions Go Live with Workday Student in 2024

Workday Student, a next-generation AI-powered platform, is revolutionizing higher education institutions by integrating academic, financial, and HR operations. With the support of Workday Illuminate, this platform enables 28 institutions li

Oct 24, 2024
Product News

Everee Launches Flex Suite to Simplify Payroll for Staffing, Gig Apps, and Other Flexible Workforces

Everee has launched Flex Suite, a comprehensive payroll solution tailored for staffing and gig economy businesses. Designed for complex workforce arrangements, Flex Suite simplifies payroll processes, automates compliance, and provides cust

Oct 23, 2024
Earnings

Randstad Announces Q3 2024 Results, Reports €6.01 Billion in Revenue and Confirms Acquisition of Zorgwerk

Randstad, the world's largest staffing firm, reported a 5.9% organic revenue decline in Q3 2024, amounting to €6.01 billion. Revenue dropped 3.9% year-on-year due to challenging economic conditions across regions, including North America, N

Oct 22, 2024
Venture Capital

Bullhorn Ventures Invests in Staffing Referrals to Automate and Scale Agencies' Referral Programs

Bullhorn Ventures has announced its investment in Staffing Referrals, the top automated referral management (ARM) platform, on October 17, 2024. The partnership aims to help staffing agencies reduce reliance on job boards and improve the qu

Oct 18, 2024
Earnings

ManpowerGroup Reports $4.5B Revenue Amid Global Market Shifts in Q3 2024

ManpowerGroup reported Q3 2024 revenues of $4.5 billion, down 3% year-over-year (-2% in constant currency), reflecting challenges in North America and Europe but strong demand in Latin America and Asia-Pacific. Net earnings per diluted shar

Oct 17, 2024
Venture Capital

Zeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce

Zeal , a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automat

Oct 10, 2024
Product News

Paychex Introduces AI-Assisted Recruiting That Helps Small Businesses Instantly Find Top Talent

Paychex has introduced a new AI-assisted recruiting tool, Recruiting Copilot, in partnership with Findem, to help small and medium-sized businesses streamline the hiring process. Using 3D data and natural-language search, the tool can quick

Sep 18, 2024
Product News

Randstad Debuts New App, Revolutionizing Connection Between Employers and Talent

Randstad, the world’s largest talent partner, has launched a new app designed to transform the connection between employers and job seekers. This AI-driven, two-sided marketplace gives job seekers unprecedented control over their employment

Sep 18, 2024
Product News

New Ag Seasonal Platform Manager, H2 Organizer, Launches to Support Farmers and Temporary Farmworkers

H2 Organizer, a new technology platform designed for agricultural staffing solutions, launched with the support of partner organizations like Western Growers, WAFLA, and Scaroni Family of Companies. The platform aims to simplify the managem

Sep 10, 2024
Venture Capital

Vangst Acquires GreenForce - Cannabis Hiring is Back

Vangst , the leading hiring platform in the cannabis industry, has acquired GreenForce, a temporary staffing agency based in Oregon and Arizona, marking its second acquisition of 2024. GreenForce, founded in 2016, specializes in providing t

Sep 10, 2024
Company News

Manpower to Open Job Hubs Inside Select Walmart Stores

Manpower ® , a global leader in staffing solutions, is launching innovative job hubs within select Walmart locations across the U.S., starting with two openings in Sturtevant, Wisconsin, and High Point, North Carolina, on September 13. The

Sep 9, 2024
Venture Capital

Bullhorn Acquires KonaSearch to Revolutionize Talent Sourcing for Executive Search on Salesforce

Bullhorn , a leader in software for staffing and recruitment, has acquired Massachusetts-based KonaSearch to enhance its sourcing capabilities on the Salesforce platform. KonaSearch provides an advanced search solution tailored for staffing

Sep 6, 2024
Venture Capital

Lightcast Acquires Talent Intelligence Provider Stratigens

Lightcast , a leader in global labor market data and analytics, has acquired Stratigens, a UK-based talent intelligence provider known for its data science expertise and innovative analytics. Founded by Alison Ettridge, Stratigens excels in

Aug 27, 2024
Venture Capital

Avionté Fortifies Market Leadership with Strategic Acquisition of AkkenCloud

Avionté has acquired AkkenCloud , strengthening its leadership in the staffing software industry. This acquisition enables AkkenCloud clients to benefit from Avionté’s comprehensive enterprise staffing platform, which includes a full front

Aug 22, 2024
Product News

Salary.com Adds AI-Powered Real-Time Job Posting Data to Portfolio of Compensation Solutions

Salary.com   has introduced SalaryIQ™, an AI-powered, real-time job posting database designed to enhance compensation and recruiting strategies. Leveraging 25 years of experience in job matching, SalaryIQ uses machine learning to scan milli

Aug 21, 2024
Venture Capital

Sprockets Expands Workforce Solutions with HourWork Acquisition: A New Era for Hourly Worker

Sprockets , an AI-powered hiring solution, has acquired HourWork , a leading platform specializing in post-hire engagement and retention. This acquisition aims to enhance Sprockets' product offerings, covering every stage of the employment

Aug 13, 2024
Company News

Kelly Services Reports Strong Q2 Results Despite Revenue Dip from European Operations Sale

Kelly Services reported its second-quarter 2024 earnings, showing operating earnings of $12.2 million and adjusted earnings of $28.1 million, a 95% increase from the previous year. Despite a 13.1% decrease in revenue due to the sale of Euro

Aug 8, 2024
Company News

Recruit Holdings Co., Ltd. Announces Q1 FY2024 Financial Results

Recruit Holdings Co., Ltd. announced its Q1 FY2024 financial results, highlighting significant growth across all key metrics. The company reported a 6.0% increase in revenue, reaching ¥901.56 billion, driven by strong performances in its HR

Aug 8, 2024
Product News

Revelio Labs launches COSMOS, the most comprehensive job postings dataset available

Revelio Labs  has unveiled COSMOS, the most extensive job postings dataset globally, encompassing over 2 billion postings from 5.25 million companies in more than 100 languages. Sourced from employer websites, job boards, and staffing firms

Aug 7, 2024
Company News

Adecco Group Reports Resilient Q2 2024 Performance Amid Market Challenges

The Adecco Group reported a Q2 2024 revenue of €5.84 billion , down 2% on an organic and trading days adjusted basis, reflecting market challenges. Despite a 5% drop in gross profit, cost savings measures helped maintain a stable EBITA marg

Aug 6, 2024
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
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

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
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
Earnings

ManpowerGroup Q2 2024: Navigating Challenges, Showcasing Resilience with $4.5B in Revenues

ManpowerGroup reported its Q2 2024 results, revealing a 7% year-over-year decline in revenues to $4.5 billion, affected by a challenging environment in North America and Europe, yet solid demand in Latin America and the Asia-Pacific. The co

Jul 18, 2024
Company News

American Staffing Association Announces National Staffing Employee Week

The American Staffing Association (ASA) has announced that National Staffing Employee Week will take place from September 9-15, 2024, celebrating the nearly 13 million temporary and contract workers across the U.S. These employees, who cont

Jul 17, 2024
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