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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Reejig 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
ColumnLINKEDIN 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
Venture CapitalInteract 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
Product NewsManpowerGroup 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
Company NewsJobs Platform LaborX Will Use SingularityNET's AI Tools To Automate Recruitment Process
Blockchain-powered recruitment platform LaborX has announced a partnership with the SingularityNET AI solutions developer to automate job search and hiring processes. LaborX, which is a product of Australian company Chrono.tech, will use S
Company NewsCirca Announces LaborIQ Compensation Solution
Circa is pleased to announce the launch of LaborIQ, a compensation software solution providing human resource (HR) teams with salary answers for all occupations in the U.S. The new partnership with Dallas -based, LaborIQ, will support HR
Company NewsEightfold AI Announces Talent Intelligence Copilots, Bringing Generative AI to its Deep-Learning AI Platform
S ANTA CLARA, Calif. , April 4, 2023 -- Eightfold AI , the leader in AI-powered talent intelligence, announced today it is integrating recent advances in generative AI large language models to create two role-specific Talent Intelligence
Company NewsTalentGuard Unveils WorkforceGPT, Revolutionizing Job Skills With Generative AI
TalentGuard , the world’s leading provider of Workforce Skills Intelligence solutions, proudly announces the launch of WorkforceGPT, a first-of-its-kind innovative product designed to transform how organizations approach reskilling, upskill
Company NewsWorkWhile And Marqeta Announce Partnership On New Card Solution To Offer Accelerated Wage Access For WorkWhile Workers
Marqeta , the global modern card issuing platform, announced that it has been selected by WorkWhile to power accelerated wage access to its workers. Through a debit card, WorkWhile workers can access their wages as soon as their shift hour
Venture CapitalRain Instant Pay Closes Historic Funding, $116M Total in Series A
Rain , a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A wit
Product NewsPaylocity Unveils AI Assist™ – Leading the Industry in Integrating Generative AI into HCM Software
Leveraging OpenAI—the developer of ChatGPT—AI Assist Uses Artificial Intelligence to Enable Faster and More Effective Communications Across the Enterprise SCHAUMBURG, Ill., March 21, 2023 -- Paylocity (NASDAQ: PCTY) today announced AI Assis
Venture CapitalWingspan Secures $14 Million in Series A Funding to Boost Payroll and Benefits Platform for Flexible Workforce
NEW YORK, March 16, 2023-- Wingspan , a leading payroll and benefits platform specifically designed for flexible workforces, announced today that it has secured $14 million in Series A funding. This latest round, led by Andreessen Horowitz,
HotNewsCalifornia Appeals Court Ruling: Balancing the Interests of Uber, Drivers, and Labor Rights
A California Court of Appeals ruled Monday that companies such as Uber Technologies Inc., DoorDash Inc. and Lyft Inc. can classify their rideshare and delivery drivers as independent contractors under Proposition 22. （photo by Stock Catal
Company NewsADP National Employment Report: Private Sector Employment Increased by 242,000 Jobs in February; Annual Pay was Up 7.2%
Private sector employment increased by 242,000 jobs in February and annual pay was up 7.2 percent year-over-year, according to the February ADP ® National Employment Report TM produced by the ADP Research Institute ® in collaboration wi
Venture CapitalAtlanta Staffing Startup LaborWorx Raises $4.2 Million to Revolutionize the Way Companies Find, Hire, and Pay Skilled Workers
ATLANTA , Feb. 22, 2023 -- LaborWorx , a tech-enabled staffing startup that helps construction and manufacturing companies connect with on-demand workers, has raised $4.2 million to continue its mission of solving the skilled worker sho
EarningsGEE Group Announces Results for the Fiscal 2023 First Quarter, Revenue Falls 4.0% in Fiscal Q1
JACKSONVILLE, FL., February 14, 2023 -- GEE Group Inc . (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company", "GEE Group", "us", "our", or "we"), a provider of professional staffing services and hum
EarningsRecruiting Holdings Announces Third Quarter Fiscal Year 2022 Financial Results, with Total revenue of $6.7 Billion
TOKYO, JAPAN (Feb. 13, 2023) - Recruit Holdings Co., Ltd. ("Recruit Holdings" or the "Company") today announced its consolidated financial results for the nine months ended December 31, 2022 (April 1, 2022 to December 31, 2022) Consolidated
Venture CapitalShiftMed, a US Based W-2 Healthcare Workforce Management Platform, Raises $200M to Drive Expansion of Leading Digital Health Care Labor Marketplace
With 8x growth in two years, ShiftMed secures capital to accelerate its mission of revolutionizing access to healthcare workers MCLEAN, VA - February 6, 2023 – ShiftMed , one of the largest W-2 healthcare workforce management marketplaces,
Venture CapitalDalia Raises $5M in Series A Funding to Help Employers Get More Qualified Applicants for Less
BOSTON , Jan. 31, 2023 -- Dalia , a recruitment marketing automation platform that helps employers get more qualified applicants for less, today announced the completion of a $5 million Series A round . The round was led by Lewis & Clark
EarningsRobert Half Reports Fourth-Quarter Financial Results
MENLO PARK, Calif., Jan. 26, 2023 -- Robert Half International Inc. (NYSE: RHI) today reported revenues and earnings for the fourth quarter ended December 31, 2022. For the quarter ended December 31, 2022, net income was $148 million, or $1
Topics6 tools and techniques every inclusive workplace needs
This post was originally published on this site. Even with all the recent changes in the labor market, employees still have the upper hand in their employment. Unemployment continues to be at an all-time low, and hiring managers need peo
Company NewsHiring Momentum Continues for Q1, Though Signs of Softening Begin
Employers still face a global talent shortage; the Information Technology sector leads the way in Q1 2023 hiring While the impact of a potential recession and rising inflation dampen the hiring Outlook quarter-over-quarter and year-over-yea
NewsUpwork Study Finds 60 Million Americans Freelancing in 2022
Total freelance professionals reaches all-time high as people reevaluate the old ways of work SAN FRANCISCO-- Upwork (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today released the results
Venture CapitaleQ8 secures $4m in Series A Funding from OIF Ventures
Dedicated end-to-end SaaS solution for strategic workforce planning drives leadership clarity and more socially responsible decisions around people. AUSTIN, Texas , Dec. 8, 2022 -- eQ8 , the world leader in SaaS development and the only e
Venture Capital15Five Raises Strategic Investment from ServiceNow
SAN FRANCISCO-- 15Five , the holistic performance management company, announced a strategic investment of an undisclosed amount from ServiceNow, adding to the $52M Series C round 15Five announced in July. The funding underscores ServiceNow'
Venture CapitalWorkJam Secures $50 Million in Series D Funding Round
WorkJam , a leader in digital frontline workplace solutions, has recently raised $50 million in a Series D funding round. This significant investment, led by Fonds de solidarité FTQ and Inovia Capital, will be used for global expansion and
Venture CapitalSparkPlug Secures $8M to Help Incentivize Frontline Workers
SAN FRANCISCO – SparkPlug , the leading incentive management and wage supplementation platform for frontline workers, today announced an $8 million Series A funding round. The round was led by Lightbank, with participation from Industry
Venture CapitalDrive My Way Closes $4.4 Million Series A Financing Round
Investment will enable Drive My Way to accelerate the growth of its driver-centric platform to meet rapidly increasing market demand and support customer growth. Cleveland, OH (October 27, 2022) – Drive My Way™ , a Software-as-a-Service p
Venture CapitalPaycor Acquires Talenya to Extend Industry-leading Technology Platform with AI Recruiting
Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced the acquisition of Talenya, a cutting-edge, AI-driven recruiting platform that automatically sources quality talent
Product NewsGlobal Employment Outlook for Q4 Remains Strong Amid Cooling in Hiring
Despite concerns of a recession, employers globally are poised to continue hiring much needed talent reporting a Net Employment Outlook of +30%. Optimism is strongest among organizations in Brazil (+56%) and India (+54%); weakest in Hu
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