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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Salary.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
Venture CapitalCheckr Expands into Employment Verification with Acquisition of Truework
Checkr has announced its acquisition of Truework , a major player in income and employment verification. This strategic move allows Checkr to expand beyond background checks into the multi-billion dollar employment verification industry. Tr
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
Venture CapitalTapcheck Secures $225M to Scale On-Demand Pay Platform Across U.S. Workforce
PLANO, Texas- Tapcheck , a leading on-demand pay provider, today announced it has raised $225 million in combined equity and debt financing. This latest funding includes a $25 million Series A extension round led by existing investor, Peak
Venture CapitalPaychex Completes Acquisition of Paycor
Paychex has officially acquired Paycor in an all-cash transaction valued at approximately $4.1 billion. This strategic deal merges two HCM powerhouses and aims to create the industry's most comprehensive and flexible AI-driven HR and payrol
Product NewsJosh Bersin Company's Galileo™ Leaps Ahead with Next-Gen Reasoning Model & Industry-Leading Skills and Jobs Knowledge Base
With a new reasoning model, Galileo™ Mercury release now features "chain of thought" processing for advanced AI capability. A New "Consultant Mode" transforms Galileo into an HR and organizational consultant. Vast datasets of jobs, skills,
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
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 CapitalNew York’s Jolly Raises $16.5M Series A to Scale AI-Driven Workforce Motivation System
Jolly , a New York-based workforce optimization platform, has secured $16.5 million in Series A funding led by former Tesla CFO Zach Kirkhorn, who also joins the board. The platform enables frontline workers to "Earn Points at Work™" by rew
Product NewsOracle Expands Cloud HCM with AI-Powered Employee Engagement & Event Management
Oracle has introduced new communication and event management capabilities within Oracle ME, part of Oracle Fusion Cloud HCM, to enhance employee engagement and organizational culture. These updates allow HR teams to manage company-wide even
Product NewsLattice Debuts AI Agent for HR as HRIS Customer Growth Surges 250%
Lattice has introduced an AI-powered HR agent to streamline HR processes and enhance employee productivity. The AI agent automates responses to common HR inquiries, allowing HR teams to focus on strategic tasks like performance management a
Company NewsHR Tech Espionage Scandal: Rippling Sues Deel Over Alleged Trade-Secret Theft and Corporate Spying
A lawsuit filed by Rippling accuses Deel, a $12 billion HR tech unicorn, of orchestrating corporate espionage and trade-secret theft. The complaint alleges that Deel cultivated a Rippling employee as a corporate spy, who conducted thousands
Product NewsZoom debuts new agentic AI skills and agents for Zoom AI Companion
Zoom Communications has introduced a major upgrade to its AI Companion, now featuring agentic AI skills and AI agents designed to improve task automation, workflow orchestration, and customer experience. The latest updates include over 45 n
Venture CapitalHuman Cloud Acquires PeopleGPT: Pioneering the Future of AI-Driven HR Leadership
Human Cloud , a global workforce advisory firm, has acquired PeopleGPT, a prominent AI-focused HR community. The acquisition aims to bridge the gap between technological advancements and HR leadership by fostering collaboration between tale
Company NewsTalent Shortage Concerns Drive Shift to Skills-Based Strategies, Workday Research Finds
Workday ’s latest report, The Global State of Skills, highlights a growing concern among business leaders: 51% fear future talent shortages, and only 32% feel confident in their workforce’s skills for long-term success. As AI reshapes indus
Company NewsDocebo Reports $57M Q4 Revenue & $217M Annual Revenue, Driven by AI-Powered Learning
Docebo Inc. (NASDAQ: DCBO; TSX: DCBO), a leader in AI-driven learning platforms, reported strong financial results for Q4 and fiscal year 2024. The company achieved $57 million in Q4 total revenue (16% YoY growth) and $216.9 million for the
Venture CapitalPaychex’s Acquisition of Paycor Advances as HSR Waiting Period Ends
Paychex has announced the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting period, marking a key milestone in its planned acquisition of Paycor HCM. This development clears a major regulatory hurdle, bringing the deal closer to c
EarningsAdecco Group Q4 2024 Earnings Report: Revenue at €5.87 Billion, Net Profit Exceeds Expectations at €73 Million
The Adecco Group reported Q4 2024 revenue of €5.87 billion, a 5% organic decline. Despite revenue contraction, the company saw improving momentum, with net profit surpassing forecasts at €73 million. CEO Denis Machuel highlighted cost reduc
ColumnWorkday Reports $8.446B Revenue in FY2025, Subscription Growth Hits 16.9%
Workday reported robust financial results for fiscal 2025, highlighting significant year-over-year growth in both total and subscription revenues. Fourth quarter total revenues reached $2.211 billion, up 15%, while subscription revenues ros
Company NewsAlight Reports Q4 2024 Earnings: $680M Revenue with 9.8% BPaaS Growth
Alight, Inc. (NYSE: ALIT) reported its fourth quarter and full-year 2024 financial results, demonstrating resilience despite a slight revenue decline. Q4 revenue stood at $680 million, with Business Process as a Service (BPaaS) revenue grow
EarningsFiverr Reports 13% Q4 Revenue Growth, Unveils AI and Freelancer Equity Initiatives
Fiverr delivered an exceptional 2024 performance, closing the year with double-digit revenue growth and a 20% Adjusted EBITDA margin in Q4. Despite a decline in marketplace revenue and active buyers, the company saw significant gains in ser
Company NewsTriNet Reports $5.1 Billion FY 2024 Revenue with Strategic Growth Outlook
TriNet (NYSE: TNET), a leading provider of human capital management (HCM) solutions for SMBs, reported its Q4 2024 and full-year financial results. Revenue grew by 1% YoY to $1.3 billion for Q4 and $5.1 billion for FY 2024. Despite record w
Company NewsUpwork Reports Fourth Quarter and Full Year 2024 Financial Results
Upwork reported record-breaking financial results for Q4 2024 and the full year 2024 , achieving all-time highs in revenue ($769.3M, up 12%) , GAAP net income ($215.6M, up 360%) , and adjusted EBITDA ($167.6M, up 129%) . The company also sa
Company NewsPaycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results
aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year , with a GAAP net income of $502 million (27% of total revenues). Adj
Company NewsRecruit Holdings Reports Q3 FY2024 Earnings: Revenue Rises 3.5% to JPY 896.9 Billion (USD 5.83 Billion), Driven by HR Technology Growth
Recruit Holdings , posted a 3.5% year-over-year revenue increase for Q3 FY2024, totaling JPY 896.9 billion (USD 5.83 billion). Operating income surged 28.2%, while adjusted EBITDA climbed 13.5%. The company highlighted stabilization in the
Company NewsInsperity Announces Fourth Quarter and Full Year 2024 Results
Insperity (NYSE: NSP), a leading HR solutions provider, reported its Q4 2024 and full-year 2024 financial results, with revenues reaching $6.6 billion for the year, a 1% increase year-over-year. Net income stood at $91 million , while adjus
Company NewsPaylocity Announces Second Quarter Fiscal Year 2025 Financial Results
Paylocity reported strong financial results for Q2 FY2025, with total revenue reaching $377.0 million, a 16% YoY increase. Recurring & other revenue grew 17% YoY to $347.7 million, driven by strong sales and product innovation. GAAP operati
Company NewsDHI Group Reports 2024 Fourth Quarter and Full Year Financial Results
DHI Group, Inc. (NYSE: DHX) reported a 7% decline in total revenue for both Q4 2024 and full-year 2024. ClearanceJobs revenue grew by 7% in Q4 and 8% for the full year , while Dice revenue fell by 14% for both periods. Net income for Q4 202
Company NewsPaycor Reports 13% Revenue Growth in Q2 FY 2025, Announces $4.1B Acquisition by Paychex
Paycor HCM, Inc. (Nasdaq: PYCR) reported a 13% YoY revenue increase to $180.4 million in Q2 FY 2025, alongside improved operating margins. The company's adjusted operating income grew 36% to $31.8 million , while net loss significantly narr
Company NewsDayforce Reports $1.76B in Revenue for 2024, Driving HR Tech Growth
Dayforce , a leading human capital management (HCM) technology provider, reported strong financial results for Q4 and FY 2024, with total revenue reaching $1.76 billion (up 16.3% YoY) and recurring revenue climbing to $1.34 billion (up 20.6
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