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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Ohio-Based Propel People Secures $3M to Tackle Construction Labor Shortages with AI
Propel People ,an AI-driven, mobile-first hiring platform tailored for skilled trades, has raised a $3 million seed round led by 1848 Ventures. The Ohio-based startup addresses the labor shortage crisis in the construction industry, where 9
NewsManpowerGroup Reports 2nd Quarter 2025 Results
Revenues of $4.5 billion (flat as reported, -3% constant currency (CC), -1% organic CC) Latin America and Asia Pacific continued to experience good demand while demand in Europe and North America saw stabilizing trends in many mark
NewsTorch Acquires AI Learning Company Praxis Labs to Redefine Coaching as a Catalyst for Organizational Change
Torch, a contextual coaching platform, has acquired Praxis Labs, an AI-powered learning platform known for its research-backed simulations, skill assessments, and AI coaching. This strategic acquisition aims to bridge the persistent gap bet
Product NewsiCIMS Introduces New AI Capabilities for Smarter Sourcing and Recruiting
iCIMS has launched a new wave of AI-powered enhancements to streamline talent acquisition workflows, reduce manual effort, and improve candidate and recruiter experiences. The summer release introduces three key AI assistants—for candidate
Venture CapitalEudia Acquires Johnson Hana to Build World's First AI-Augmented Human Workforce
Eudia has acquired Johnson Hana to create the world’s first AI-augmented human workforce focused on legal services. By combining Eudia’s agentic AI platform with Johnson Hana’s elite legal consultants, the company pioneers a new model where
Company NewsFranklinCovey Reports Q3 FY2025 Results: Revenue Meets Guidance, Adjusted EBITDA Beats at $7.3M
FranklinCovey reported Q3 FY2025 revenue of $67.1 million, aligning with guidance, but down year-over-year due to macroeconomic headwinds and contract losses. The company posted a net loss of $1.4 million, including $4.7 million in restruct
Company NewsDHI Group Cuts 25% of Workforce at Dice Amid Strategic Restructuring
DHI Group (NYSE: DHX), the parent of tech-focused job boards Dice and ClearanceJobs, announced a 25% workforce reduction as part of a strategic restructuring. This decision follows an earlier 8% layoff in January and will result in $4.2 mil
Company NewsEnd of an Era: Zen JV Files for Bankruptcy, Marking the Final Chapter for CareerBuilder and Monster
Zen JV, LLC, the parent entity behind well-known recruitment brands like CareerBuilder and Monster Worldwide, has filed for Chapter 11 bankruptcy in the District of Delaware. The filing includes ten affiliated entities and initiates a forma
Product NewsWorkday Unveils Next Generation of Illuminate Agents to Transform HR and Finance Operations
Workday introduces new Illuminate Agents, a suite of advanced AI tools designed to revolutionize HR and financial operations. These agents automate key processes including contingent hiring, contract negotiations, accounting documentation,
Company NewsPerceptyx Announces Activate for All, Giving Every Large Enterprise the Opportunity to Turn Listening Insights Into Action
Perceptyx has announced the expanded availability of its AI-powered behavior change solution, Activate, now compatible with any enterprise EX platform including Qualtrics, Medallia, and Viva Glint. The launch introduces new “Bring Your Own
Company NewsOutdated HR Systems Cost Government $1 Billion Annually, New Workday Report Shows
PLEASANTON, Calif. , May 12, 2025 -- A new report from Workday, Inc . (NASDAQ: WDAY ), the AI platform for managing peopl e , money , and agents , reveals that outdated federal human resources systems are costing taxpayers nearly $1
ColumnServiceNow and UKG collaborate to supercharge employee productivity and efficiency with agentic AI
At Knowledge 2025, ServiceNow and UKG unveiled a groundbreaking partnership to integrate their AI platforms—ServiceNow's newly launched AI Agent Fabric and UKG's People Fabric—to transform HR, payroll, and workforce management. This strateg
Venture CapitalItalian-based Skillvue raises $6.3M to transform how companies discover and develop hidden talent
HR tech platform evolves from recruitment tool to comprehensive skills partner as organizations struggle to identify capabilities in both candidates and employees. Milan, May 05, 2025 -- While 70% of HR professionals desperately search for
Company NewsADP Q3 FY25 Revenue Hits $5.6B with 6% Growth, EPS Climbs to $3.06
In Q3 of fiscal 2025, ADP reported robust financial performance with a 6% year-over-year revenue increase, reaching $5.6 billion, driven by solid results across both Employer Services and PEO segments. Adjusted EBIT rose 6% to $1.6 billion
Product NewsMicrosoft Reinvents HR Intelligence: Inside the Launch of People Skills and Skills Agent in Microsoft 365 Copilot
— A New Era of Skills-Based Talent Strategy Powered by AI In a move that may redefine the landscape of enterprise HR technology, Microsoft has officially launched People Skills , a powerful new data layer within Microsoft 365 Copilot and Vi
Company NewsPapaya Global Announces CFO, CPO, and Key Executive Appointments to Drive Innovation and Expansion
Papaya Global , a leading workforce payroll and payments platform, has announced significant leadership changes to bolster its global expansion. Erez Simha joins as CFO, bringing vast IPO and M&A expertise, while Amit Levi is promoted to CP
Product NewsSalary.com Unveils Agentic AI Platform for HR and Compensation
Salary.com has launched the first-ever Agentic AI platform tailored specifically for HR and compensation professionals. By integrating advanced agentic AI and large language models (LLMs), this platform automates complex workflows, enables
Company NewsManpowerGroup Q1 Revenue Falls to $4.1B, Net Income Down 86% Amid Restructuring
In Q1 2025, ManpowerGroup reported $4.1 billion in revenue, marking a 7% year-over-year decline (-5% in constant currency, -2% organic). Net income fell sharply to $5.6 million ($0.12 per diluted share) from $39.7 million ($0.81) a year ear
Company NewsPerceptyx Appoints Ross Wainwright as Chief Executive Officer
Perceptyx , a leader in AI-powered employee experience solutions, has appointed Ross Wainwright as CEO to accelerate global growth. With prior leadership roles at SAP, Alida, and NTT, Wainwright brings deep SaaS expertise and a customer-cen
Venture CapitalSpain-Based Job&Talent Secures €92M to Accelerate AI-Driven Staffing Solutions
Job&Talent , a Spain-based digital staffing platform, has secured €92 million (US$101.3 million) in a Series F funding round, bringing its valuation to €1.3 billion. The funding will accelerate its international growth and support its AI-dr
Venture CapitalServiceNow to boost CRM offering with acquisition of Logik.ai’s best-in-class, AI-powered CPQ solution
ServiceNow has announced the acquisition of Logik.ai, a leader in AI-powered, composable Configure, Price, Quote (CPQ) solutions, to enhance its CRM and Sales and Order Management capabilities. The move aims to streamline complex sales wo
Company NewsUKG Appoints Former Autodesk CIO Prakash Kota to Lead Global Tech and AI Strategy
UKG has appointed Prakash Kota as its new Chief Information Officer, marking a strategic move to enhance its global HR and workforce management offerings. With over two decades of experience in enterprise technology, including his recent ro
Product NewsPerceptyx Launches First ‘Experience-Aware’ AI Coaching Agent
Perceptyx has unveiled the industry's first "experience-aware" AI Coach, a generative AI agent embedded within its EX platform that delivers real-time, personalized leadership development. Unlike generic coaching tools, AI Coach continuousl
Venture CapitalCanada-Based Ribbon Lands $8M to Build the AI-First Hiring Platform for High-Turnover Industries
Ribbon , an AI-native hiring platform, aims to fix the broken recruitment system by offering intelligent, voice-based interviews and real-time analytics that drastically reduce hiring times and improve candidate experiences. Backed by $8M i
Company NewsThe Adecco Group and Salesforce Launch New Company to Integrate Human and AI Talent
The Adecco Group, in collaboration with Salesforce, has launched a new company aimed at seamlessly integrating human and digital talent in the workforce. This venture will utilize Salesforce's digital labor platform, Agentforce, and Adecco'
Product NewshireEZ Unveils Agentic AI: A Semi-Autonomous Approach to Smarter, More Strategic Recruiting
hireEZ has launched Agentic AI, a semi-autonomous recruiting solution embedded within its AI-first talent acquisition platform. Positioned between fully autonomous and assistant-level AI, Agentic AI offers guided autonomy—automating tasks l
Company NewsPaychex Reports Q3 FY2025 Revenue of $1.51B and Adjusted EPS of $1.49, Announces Paycor Acquisition to Close in April
Paychex , Inc. reported a solid third quarter for fiscal 2025, achieving 5% year-over-year revenue growth and 6% growth in operating income. The company recorded $1.49 in adjusted diluted EPS, up 8% from the prior year. Notably, Paychex ent
Venture CapitalPalo Alto-Based Lumber Raises $15.5M Series A to Transform AI-Powered Construction Workforce Management
Lumber , an AI-powered workforce management platform for the construction industry, has secured a $15.5 million Series A funding led by Foundation Capital , with participation from Tishman Speyer, Carbide Ventures, 8VC, Sure Ventures, and F
Company NewsDeloitte's '2025 Global Human Capital Trends' Aims to Help Leaders Navigate Complex Workplace Tensions
Deloitte's 2025 Global Human Capital Trends report explores the growing tensions between business needs and human workforce development. Based on insights from nearly 13,000 business and HR leaders across 93 countries, the report highlights
Product NewsFirstup Launches Workforce Orchestration, Transforming How Enterprises Drive Employee Activation
Firstup has launched an AI-powered workforce orchestration solution to revolutionize enterprise employee communications. By bringing AI-driven marketing automation principles to internal workforce engagement, organizations can now automate
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