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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300LinkedIn's Revenue Surpasses $15B for the First Time: Microsoft's Q4 FY23 Earnings
Microsoft announced its Q4 FY23 earnings, which included several highlights for LinkedIn. In Q4, LinkedIn's revenue increased by 5% year-over-year (7% in constant currency), surpassing $15 billion for the first time this fiscal year. Member
Company NewsTriNet Reports Strong Q2 2023 Results with 15% YoY Increase in Net Service Revenue
TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced its second quarter 2023 results. The company reported a net service revenue of $250 million, up 15% year over year.
EarningsADP Releases Fourth Quarter and Fiscal 2023 Results
ROSELAND, N.J. – July 26, 2023 – ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, announced its fourth quarter and fiscal 2023 financial results and provided its fiscal 2024 outlook.
Company Newsmonday.com Enhances Core Data Infrastructure with mondayDB
mondayDB 1.0 offers significant performance enhancements, particularly for large and complex boards EW YORK & TEL AVIV, Israel--Today, monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), a work operating system (Work OS) where organizations of
Company NewsAspirion Selects PrimePay to Streamline People Management and Enhance Employee Experience
WEST CHESTER, July 25, 2023 — PrimePay , the human capital management (HCM) company for growing businesses, announced that Aspirion, a leading technology-enabled healthcare revenue cycle management provider for complex claims and revenue i
EarningsTrueBlue Reports Second Quarter 2023 Results: Revenue was $476 million, a Decrease of 16 Percent YOY
TACOMA, Wash.-- TrueBlue (NYSE: TBI) announced its second quarter results for 2023 on 24 July. Second quarter revenue was $476 million, a decrease of 16 percent compared to revenue of $569 million in the second quarter of 2022. Net loss per
FundingHappeo Raises US$26 Million in Series B Funding to Solve Information Chaos
Amsterdam, Thursday 7th July 2022 – Happeo , the intranet platform for fast-moving companies, has raised US$26 million in a Series B funding round led by Endeit Capital, Smartfin and Evli Growth Partners. Happeo’s earlier investors Inkef,
Company NewsFactorial Improves AI Tool for Skills-Based Hiring in Response to HR Talent Acquisition Challenges
MIAMI , July 25, 2023 -- As talent acquisition continues to challenge companies nationwide and the skills-based hiring trend grows， Factorial , a leading provider of human resources software solutions, has enhanced its AI-powered CV Reader
Venture CapitalImmediate, a US Earned Wage Access Company, Secures $16M in Funding to Accelerate Expansion in Workplace Financial Health
Immediate, an earned wage access company, announced a $16 million round of funding, split between growth equity and a working capital facility. This will enable Immediate to accelerate its growth in the workplace financial health sector. Th
EarningsHAYS Delivered Resilient Financial Results for its Fiscal 2023 Fourth Quarter
July 13, 2023 -- HAYS , a leading global recruitment firm, announced financial results for the fourth quarter ended June 30, 2023. Commenting on the Group’s performance, Alistair Cox, Chief Executive, said: “We delivered a resilient Q4 perf
Venture CapitalInploi, the Talent Attraction Technology Scale-up, has Raised a £1.35m Round to Develop its Growth Team
LONDON , July 25, 2023 -- inploi , the talent attraction technology scale-up, has raised a £1.35m round to develop its growth team and accelerate the go-to-market (GTM) strategy for their Software-as-a-Service (SaaS) offering ahead of a pl
EarningsFirst Advantage Reports First Quarter 2023 Results
ATLANTA, May 10, 2023 -- First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, announced financial results for the first quarter ended March 31, 2023. “We reported
EarningsRandstad Reports 2nd Quarter 2023 Results, Organic Revenue Per Working Day Declined by 5.1% YoY in Q2 2023 Resulting in Revenue of € 6,465M
Randstad , the world’s largest talent company and a partner of choice to clients, announced its financial results for the 2nd quarter on 25 July 2023. Revenue Organic revenue per working day declined by 5.1% YoY in Q2 2023 resulting in reve
EarningsPaychex, Inc. Releases 2023 Fiscal Results
ROCHESTER, New York, June 29, 2023-- Paychex , Inc., announced the following results for the quarter ended May 31, 2023 (the "fourth quarter") and fiscal year ended May 31, 2023 ("fiscal 2023"), as compared to the corresponding prior-year p
Venture CapitalSmartlinx Announces Strategic Investment from Lone View Capital to Promote Workforce and Human Capital Management Innovation for Healthcare Providers
ISELIN, N.J. & LOS ANGELES---- Smartlinx (“Smartlinx” or the “Company”), a pioneer and leader in workforce management solutions, announced that Lone View Capital (“Lone View”), a growth-oriented private equity firm investing across the tech
HotNewsThe No Robot Bosses Act of 2023: A Landmark Legislation for Ethical AI in the Workplace, with Insights from New York City's AI Law
In the rapidly evolving landscape of artificial intelligence (AI), the "No Robot Bosses Act of 2023" stands as a beacon of hope for ethical AI practices in the workplace. Introduced by U.S. Senators Bob Casey (D-Pennsylvania) and Brian Scha
Venture CapitalSkillit Secures $8.5M in Additional Funding to Solve Today's Skilled Labor Shortage for Leading Contractor Firms
NEW YORK—- Skillit , the data-driven recruiting platform for skilled, full-time construction labor, announced $8.5M in additional funding co-led by MetaProp and Bow Capital with participation from existing investor Building Ventures. Since
EarningsManpowerGroup Reports 2nd Quarter 2023 Results
MILWAUKEE , July 20, 2023 -- ManpowerGroup (NYSE: MAN) today reported net earnings of $1.29 per diluted share for the three months ended June 30, 2023 compared to $2.29 per diluted share in the prior year period. Net earnings in the qua
NewsUSCIS's New Form I-9 and Remote Verification Rule Effective August 1: A Significant Step Towards Digital Transformation in Employment Verification
This is a significant development that reflects the ongoing shift towards remote work and digital processes in the wake of the COVID-19 pandemic. The ability to conduct remote documentation and verification will likely streamline the hiring
Venture CapitalThe Largest Healthcare Talent Software and Staffing Company in the U.S. Aya Healthcare Acquires Polaris AI
San Diego, CA — Aya Healthcare , the largest healthcare talent software and staffing company in the U.S., today announced its acquisition of Polaris AI , a machine learning platform that predicts future patient volume and staffing levels in
Company NewsTwitter's New Venture: Job Listings for Verified Organizations
Twitter Challenges LinkedIn and Indeed with New Job Listings Feature？ Twitter is reportedly preparing a feature that allows verified organizations on its platform to post job listings on their profiles. The social media giant has also creat
Venture CapitalGushwork.ai Secures $2.1M in Pre-Seed Funding to Reinvent Business Process Outsourcing
Gushwork.ai, an AI-powered platform designed to help enterprises outsource complex operational workflows, has secured $2.1M in pre-seed funding. The round was led by Lightspeed and saw participation from B Capital, Sparrow Capital, Seaborne
EarningsKorn Ferry Announces Fourth Quarter and Full Year FY'23 Results of Operations
Los Angeles, CA, June 27, 2023 – Korn Ferry , a global organizational consulting firm, announced fourth quarter and annual fee revenue of $730.9 million and $2,835.4 million, respectively. In addition, fourth quarter diluted earnings per s
Venture CapitalThe World’s Largest Talent Company Randstad Has Reached an Agreement to Acquire Grupo CTC in Spain From Portobello Capital
Randstad NV , the world’s largest talent company announces that it has signed an agreement to acquire Grupo CTC in Spain. Grupo CTC provides outsourced industrial, logistics, and sales & marketing services to customers in its home market of
Company NewsWorkstream Launches First Multilingual AI Chatbot Built for Hourly Workforce Management
SAN FRANCISCO, July 18, 2023 - Workstream , the smart people management platform for the hourly workforce, announced today its new, groundbreaking multilingual and customizable AI chatbot, Workstream Assistant. As the flagship product in th
Venture CapitalAllied Benefit Systems, LLC Acquires Medxoom: the Acquisition Puts Allied at the Forefront of Creating the Next-generation User Experience
CHICAGO , July 18, 2023 -- Allied Benefit Systems, LLC ("Allied"), one of the nation's largest healthcare administrators for employee benefit plans, and its majority equityholder, funds managed by Stone Point Capital LLC , today announced
Company NewsA Human Transformation Company BetterUp Partners with the Employee Experience Platform Microsoft Viva to Drive Peak Performance and Well-Being for Millions in the Workplace
BetterUp unlocks human transformation to supercharge workplace performance, purpose, and productivity through new integration with Microsoft Viva San Francisco, CA – July 18, 2023 – BetterUp® , the human transformation company, today ann
ColumnHow an Increasingly Competitive Job Market Is Impacting the Employee Experience in 2023
We're in a different labor market, with fewer job requisitions and increased competition among job seekers. Read on to learn how to attract top talent and cultivate higher levels of employee resilience in this new environment. Organizations
Company NewsFrom Reviews to 'Bowls': Glassdoor's New Initiative Sparks Debate on Workplace Transparency
Glassdoor, renowned for enabling anonymous employer reviews, has introduced a new feature that allows anonymous discussions focused on specific employers and industries. These communities, termed "bowls", are a product of Glassdoor's acquis
Company NewsNexaLearning to Merge with A HR Consulting Firm JER HR Group to Deliver Expanded Organizational Development & Learning Services
NexaLearning will merge with JER HR Group LLC, a recognized leader in compensation, learning and HR consulting services. NEW YORK, NY – July 18, 2023 JER HR Group and NexaLearning jointly announce their plans for NexaLearning to join JER
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