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Product News

LinkedIn Adjusts China Strategy: Cuts Jobs and Phases Out InCareer App Amid Competition

LinkedIn, the Microsoft-owned professional networking platform, has announced that it will be cutting 716 jobs and phasing out its local jobs app, InCareer, in China. The decision comes in the wake of "fierce competition and a challenging m

May 8, 2023
News

Asure to Showcase Payroll Tax Management Solutions at Payroll Congress and TPG National Conference

Asure (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, is pleased to announce its participation in two upcoming industry events this month: the American Payroll Association’s (APA) Payroll

May 5, 2023
Company News

Riverbed Leads in Workplace Employee Experience Management Platforms

Riverbed , the leader in unified observability, today announced that it was named a Leader in Everest Group’s report: Workplace Employee Experience Management Platforms PEAK Matrix® Assessment 2023. Everest Group assessed 10 Digital Employe

May 5, 2023
Company News

Global People Analytics Leader Visier Introduces New Products to Address Workforce Challenges

Visier , the globally recognized leader in people analytics and workforce solutions for people-powered business, today announced new products designed to offer fast, radically simple, and cost-effective solutions to today’s most pressing wo

May 5, 2023
Venture Capital

A SaaS-based Connected Worker Platform Innovapptive Raises an Undisclosed Amount in Series B Funding

Innovapptive , a Houston, TX-based provider of a SaaS-based connected worker platform, raised an undisclosed amount in Series B funding. The round was led by Vista Equity Partners , with participation from existing investor Tiger Global Man

May 4, 2023
Venture Capital

Francisco-based Switchboard Receives Investment From HubSpot

Switchboard , a San Francisco, CA-based digital collaboration workspace that helps hybrid and remote teams communicate and work side by side, received an investment from HubSpot Ventures, the venture arm of HubSpot (NYSE: HUBS). The amount

May 4, 2023
Company News

Paylocity Announces Third Quarter Fiscal Year 2023 Financial Results

Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial results for the third quarter of fiscal year 2023, which ended March 31, 2023. "Our overall moment

May 4, 2023
Company News

Randstad Reports First Quarter 2023 Results, Organic Revenue Per Working Day Declined by 4.2% YoY

Randstad , the world’s largest talent company and a partner of choice to clients, today announced its financial results for the first quarter on May 3, 2023. Financial performance Revenue Organic revenue per working day declined by 4.2% YoY

May 4, 2023
Company News

IgniteTech Announces Addition of Jive Software to Company's Leading Solutions

AUSTIN, Texas -- IgniteTech™ , the company "Where Software Goes to Thrive™," today announced that Jive Software is now part of its set of leading software solutions for enterprise customers. Because of Jive's global reach and record of succ

May 3, 2023
Acquisition

Veriforce Transforms Its Global Workforce Management Capabilities with the Acquisition of Global Worker Pass

HOUSTON TX – May 3, 2023/-- Veriforce , the industry’s fastest-growing provider of supply chain risk and compliance management solutions, has announced the acquisition of Global Worker Pass , an innovative software solution designed to stre

May 3, 2023
Company News

Recruitics Launches Fusion, the New Quality Applicant Delivery Platform

Recruitics , the leader in programmatic advertising and analytics for recruitment, has unveiled Fusion, an end-to-end talent conversion, engagement, and screening platform. Fusion seamlessly integrates a conversion-optimized candidate exper

May 3, 2023
Company News

Paycom Software, Inc. Reports First Quarter 2023 Results

First Quarter Revenues of $452 million, up 28% from the comparable prior year period First Quarter GAAP Net Income of $119 million, representing 26% of total revenues, or $2.06 per diluted share First Quarter Non-GAAP Net Income of $143 mil

May 3, 2023
Venture Capital

Entendre Finance has Raised $4M In Seed Financing to Launche Fully Automated E2E Accounting Solution for Web3

Entendre Finance  has raised  $4M  in seed financing to launch the first fully automated end-to-end accounting and bookkeeping solution for businesses operating in Web3. Led by Basis Set and with participation from  Valhalla , Caffeinated,

May 3, 2023
Venture Capital

Gigs Secures $2.7 Million in Pre-Seed Funding to Connect Companies to Job Seekers Looking for Hourly Roles in Their Neighborhood.

LOS ANGELES – May 1, 2023 –   Gigs , the job platform that connects companies to job seekers looking for hourly jobs in their neighborhood, announced today the company’s official launch of its employer portal to help retailers, food and bev

May 3, 2023
Venture Capital

CV Wallet, the Skills-based Hiring Platform that Harnesses the Latest Web3 and AI Technologies, Raises $1.1 million in Angel investment

The start-up secured the funding in just two weeks, with the oversubscribed round closed early, following overwhelming interest. This is despite a tech funding crisis, which may last into 2024 according to experts. The round has been suppor

Apr 28, 2023
News

Reejig Launches World’s First AI-driven Work Ontology™

Today at the UNLEASH America conference, Reejig , the global leader in workforce intelligence, announced its new Work Ontology™, which unbundles traditional job architectures to atomized components such as skills required, tasks and task ad

Apr 27, 2023
Venture Capital

New Jersey-based True Acquires First and Leading Diversity & Inclusion Tech Company Jopwell

Jopwell Joins True Platform Companies AboveBoard and True Search in Mission to Address Diversity at Every Stage of the Recruitment Lifecycle NEW YORK, N.Y. - April 27, 2023 - True , the premiere global platform of innovative talent manageme

Apr 27, 2023
Product News

TriNet Announces First Quarter 2023 Results, 2% Growth in Total Revenues to $1.2 Billion

6%  Growth in Professional Service Revenues to $205 million 2%  Growth in Total Revenues to $1.2 billion Net Income per Diluted Share of $2.17 and Adjusted Net Income per Diluted Share of $2.49 TriNet Group, Inc. (NYSE: TNET), a leading pro

Apr 27, 2023
Venture Capital

Paycor to Acquire Behavioral Science-Based, Microlearning Solution, Verb

Acquisition will support Paycor’s mission of empowering leaders by inspiring positive and sustainable behavior change programs through personalized development pathways CINCINNATI, OH — April 25, 2023 —  Paycor HCM, Inc.  (“Paycor”) (Nasdaq

Apr 26, 2023
Column

LINKEDIN REVENUE UP 10% IN FISCAL Q3 AS MICROSOFT CEO REPORTS RECORD ENGAGEMENT

LinkedIn revenue rose 10% in constant currency to more than $3.70 billion; the increase was 8% on a reported basis. Microsoft Corp., which owns LinkedIn, reported earnings on Tuesday for its fiscal third quarter ended March 31. “We once aga

Apr 26, 2023
Company News

ADP Reports First Quarter Fiscal 2023 Results

ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its first quarter fiscal 2023 financial results along with its revised fiscal 2023 outlook through an earnings releas

Apr 26, 2023
Venture Capital

TEXAS-BASED BGSF ACQUIRES TENNESSEE-BASED IT STAFFING AND SOLUTIONS FIRM ARROYO CONSULTING

BGSF Inc. (NYSE: BGSF), a Plano, Texas-based staffing firm, acquired Arroyo Consulting , an IT staffing and solutions firm headquartered in Nashville, Tennessee. Arroyo Consulting had revenue of approximately $16.2 million in fiscal yar 202

Apr 26, 2023
Venture Capital

Belgian Startup Whale Raises 2.5 Million Euros To Boost Knowledge Sharing And Employee Training For Companies Worldwide

Belgian SaaS tech company  Whale  announced a 2.5 million Euros raise from existing investors Volta Ventures and Peak to allow companies to turn their process and SOP documentation into a channel for employee training and growth. The fundin

Apr 25, 2023
Venture Capital

DearEmployee Secures Fresh Capital in Pre-Series A to Further Expand and Strengthen Market Position

DearEmployee , the innovation leader in HR tech, announces the closing of a pre-Series A round. In particular, the fresh capital from new and existing investors will be used to further expand the functionality of the software solution along

Apr 25, 2023
Venture Capital

Sonet.io Raises $6M Seed Funding to Fix Remote Work Challenges for Global, Distributed Workforces

April 24,2023/-- Sonet.io , built for IT leaders that want a great experience for their remote workers while enhancing security and observability, today emerged from stealth and announced it’s raised $6 million in seed capital, co-led by  T

Apr 24, 2023
Venture Capital

Berlin-based RYDES raises €3.5 million in Seed Funding to expand with its corporate mobility platform across Europe and the US

April 24, 2023/--Berlin-based corporate mobility budget platform  RYDES  has just announced a €3.5 million seed round led by Assembly Ventures and Rethink Ventures , and with participation from Futury Capital and business angel Jens Krüger,

Apr 24, 2023
Company News

CodeSignal Takes Technical Hiring To New Heights With Enhanced Scoring System And Revolutionary AI Insights

CodeSignal , the leading technical interview and assessment solution, announced Coding Score 2023 and custom AI-generated insights to revolutionize the way companies evaluate skills and approach technical hiring. Coding Score 2023 leverages

Apr 23, 2023
Venture Capital

Interact Software Acquires Sideways 6 to Increase Employee Engagement Intranet Tools for Customers

MANCHESTER, U.K. and LONDON-- Interact Software  (Interact), a leading intranet solution provider for enterprise businesses across North America and EMEA, today announced the acquisition of  Sideways 6 , an integrated crowdsourcing and idea

Apr 20, 2023
Product News

ManpowerGroup Reports 1st Quarter 2023 Result

Revenues of $4.8 billion (-8% as reported, -2% constant currency (CC)) Gross profit margin of 18.2%, up 80 basis points year over year reflecting continued strong pricing discipline and increased outplacement activity in Right Management Ma

Apr 20, 2023
Venture Capital

A Provider of On-demand Salary Payment Solution Spayr Raises €2.5M in Seed Funding

Spayr , a La Trinité-sur-Mer, France-based on-demand salary payment solution provider, raised €2.5M in Seed funding. The round was led by Blast.Club with participation from FBA (Femmes Business Angels) and other fintech angel investors. The

Apr 20, 2023
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