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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ASGN Incorporated to Acquire TopBloc, A Preferred Workday Services Partner
ASGN Incorporated (NYSE: ASGN), a leading IT services provider, has announced its acquisition of TopBloc, a high-growth Workday consultancy, for $340 million in cash and equity. This move positions ASGN as a key player in the expanding Work
Company NewsKforce Reports Fourth Quarter 2024 Revenue of $343.8 Million; Full Year 2024 EPS of $2.68 Per Share; Board of Directors Approves Increase in Quarterly Dividend for Sixth Consecutive Yea
Kforce Inc. (NYSE: KFRC) reported Q4 2024 revenue of $343.8 million , a 5.4% YoY decline , with a full-year 2024 revenue of $1.41 billion , down 7.4% YoY . Despite a stabilized demand for technology services, earnings per share (EPS) fell
Company NewsCoursera Reports Fourth Quarter and Full Year 2024 Financial Results
Coursera (NYSE: COUR) announced its Q4 and full-year 2024 financial results, reporting $694.7 million in revenue for the year, a 9% increase from 2023. The company achieved positive Adjusted EBITDA of $41.5 million , marking a financial tur
Company NewsManpowerGroup Reports 4th Quarter 2024 Results
ManpowerGroup (NYSE: MAN) reported Q4 2024 revenues of $4.4 billion, marking a 5% YoY decline (-3% in constant currency). The company recorded net earnings of $22.5 million, or $0.47 per diluted share, reversing a $84.5 million net loss in
Venture CapitalWorkera Announces Strategic Investment from Accenture
Workera has announced a strategic investment and collaboration with Accenture, integrating Workera's AI-powered skills intelligence platform into Accenture's LearnVantage. This partnership aims to advance the adoption of skills-first strate
Product NewsBetterUp Launches AI Coaching: Bridging Human Expertise and AI Innovation to Transform Organizational Impact at Scale
BetterUp has launched an AI-powered coaching platform that blends human expertise with AI innovation to scale personalized coaching across organizations. This offering integrates evidence-based methods, AI insights, and behavioral science t
Venture CapitalServiceNow accelerates agentic AI roadmap with acquisition of AI native conversation data analysis platform Cuein
ServiceNow announced its acquisition of Cuein, an AI conversation data analysis leader, to enhance its platform's capabilities in transforming customer interactions into actionable insights. This move accelerates ServiceNow's agentic AI ro
Venture CapitalCoram AI Raises $13.8 Million in Series A Funding to Bring AI to Video Security, Boosting Workplace Safety and Efficiency
Coram AI, a cutting-edge leader in AI-native video security, has secured $13.8 million in Series A funding to revolutionize workplace safety and operational efficiency. With technology leveraging advanced vision and language models, Coram’s
Venture CapitalHolly Secures $2.2M to Solve Million-Job Vacancy Crisis in Government Workforce
Holly, an AI-powered GovTech platform, has secured $2.2 million in pre-seed funding to address the million-job vacancy crisis in the government workforce. By modernizing outdated hiring systems, Holly accelerates recruitment for 24 million
Product NewsWorkJam Launches Shift Bidding to Simplify Scheduling and Ensure Compliance in Complex Frontline Work Environments
WorkJam introduces Shift Bidding, a new feature designed to simplify scheduling in complex environments like unionized workplaces. This innovative tool ensures compliance with union rules and regulations while empowering employees to rank s
Product NewsTriNet Launches Enhanced HR Plus Offering That Provides Exceptional Service Enabled by Advanced Technology for Small and Medium-Size Businesses
TriNet, a leader in HR solutions for small and medium-size businesses (SMBs), has launched its enhanced HR Plus offering, an Administrative Services Organization (ASO) solution. Designed to simplify HR, payroll, and benefits management, the
Venture CapitalRoboForce raises $10M to deploy mobile manipulators
RoboForce, a leading AI Robotics startup, has secured $10M in early-stage funding to revolutionize industrial labor through advanced robotic workforce solutions. Targeting industries like solar, space, and mining, RoboForce's AI-powered "Ro
Venture CapitalPayfare Enters into Definitive Agreement to be Acquired by Fiserv
Payfare Inc., a global leader in Earned Wage Access (EWA) and digital banking for workforces, has entered into a definitive agreement to be acquired by Fiserv, Inc., a leading financial services technology provider. The all-cash deal values
Venture CapitalTenor Announces $5.4M Seed Funding to Scale AI for Leadership Development
Tenor , a new player in the HR technology landscape, has emerged from stealth mode with $5.4 million in seed funding led by Base10 Partners. Focused on revolutionizing leadership development, Tenor leverages AI-driven simulations to enhance
Company NewsPaychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions
Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi
Venture CapitalTwill Raises $1.4M to Redefine Tech Hiring Through Expert-Driven Recommendations
Twill , a next-generation talent platform, has secured $1.4M in pre-seed funding led by Bloomberg Beta to revolutionize technical hiring. By utilizing peer recommendations and a community of vetted tech professionals, Twill ensures companie
ColumnADP National Employment Report: Private Sector Employment Increased by 146,000 Jobs in November; Annual Pay was Up 4.8%
The November ADP National Employment Report reveals a 146,000-job increase in the private sector, with annual pay up by 4.8% year-over-year. This independent report, derived from anonymized payroll data from over 25 million employees, offer
ColumnWorkday FY2025 Q3: $2.16 Billion Revenue Marks 15.8% Growth, Fueled by Subscription Success and AI Innovation
Workday has reported strong Q3 FY2025 results, with total revenues of $2.16 billion (+15.8% YoY) and subscription revenues of $1.959 billion (+15.8% YoY). Operating income rose to $165 million, and non-GAAP diluted EPS reached $1.89, showca
Venture CapitalProProfs Acquires HR & Performance Goals Management Software PeopleGoal
ProProfs has acquired PeopleGoal , a performance management platform known for enhancing employee engagement and productivity. This strategic acquisition broadens ProProfs’ HR solutions suite, integrating tools for goal setting, performan
Company NewsRandstad Digital launches Salesforce Novelty Hub
Randstad Digital , in collaboration with Salesforce, has launched the Salesforce Novelty Hub, an innovative solution designed to address the challenges faced by Global Capability Centers (GCCs). This initiative provides a roadmap for establ
Venture CapitalCiphr Acquires Avantus to Revolutionize UK Employee Benefits and Enhance HR Solutions
Ciphr Group, a leading HR software provider in the UK, has acquired Avantus , an established employee benefits platform serving over 400 businesses globally. The acquisition enhances Ciphr’s offering by integrating Avantus' customizable pla
Product NewsAlight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft Teams
Alight , Inc., a leader in human capital and technology-enabled services, has partnered with Avanade to integrate its Alight Worklife® platform with Microsoft Teams. This collaboration aims to simplify benefits access and enhance employee w
Company NewsUKG Unveils Bryte AI Agents and Capabilities to Transform Employee Experiences for the UKG Pro HCM suite
UKG has introduced UKG Bryte™ AI Agents within its Pro HCM suite, leveraging advanced AI like Large Action Models to automate complex processes and enhance workplace experiences. These agents, focusing initially on compliance and talent man
Product NewsStrivr Announces Industry's First XR Training Bundle for Retail Banking
Strivr announced the release of the industry's first off-the-shelf XR training bundle tailored for retail banking and financial services designed to accelerate training and improve employee performance through immersive, AI-powered modules.
EarningsDHI Group Q3 2024 Results: $35.3M Revenue, ClearanceJobs Grows 6% Amid Tech Job Surge
DHI Group , Inc. reported its Q3 2024 financial results, noting a 6% decrease in total revenue year-over-year, while ClearanceJobs showed growth with a 6% increase in revenue. Dice revenue declined by 12%, mirroring overall challenges in bo
Product NewsUKG Launches AI-powered Talent Marketplace Solution to Optimize Skills Development and Close Critical Labor Gaps
UKG has launched the UKG Pro Talent Marketplace, an AI-driven solution to help companies manage internal talent and tap into external gig resources. Designed for both frontline and knowledge workers, the platform empowers employees with too
Product News15Five Launches AI-Powered Predictive Impact Model, Helping HR Leaders Maximize Investments in Employee Engagement with Pinpoint Accuracy
15Five has unveiled its Predictive Impact Model, an AI-powered tool designed to help HR leaders strategically address employee engagement by leveraging precise, data-driven insights. Built on over six years of engagement data, the model use
EarningsAlight Reports $555M Revenue and $75M Stock Repurchase in Q3 2024
Alight , Inc., a leader in cloud-based human capital technology, reported a revenue of $555 million for Q3 2024, marking a slight decrease from the previous year. Despite a net loss of $44 million, Alight's gross profit improved, reaching $
EarningsRecruit Holdings Achieves $11.99 Billion Revenue in Q2 FY2024 with 5.4% Growth, Notable Increases in Operating Income and EPS
Recruit Holdings Co., Ltd. reported solid Q2 FY2024 financial results, with revenue reaching ¥1.7987 trillion, a 5.4% year-over-year increase. Adjusted EBITDA grew by 11.9% to ¥367.2 billion, while operating income rose 13.4% to ¥269.7 bill
Company NewsDocebo Posts $55.4M Revenue in Q3 2024, Driven by 21% Growth in Subscription Revenue
Docebo reported strong third-quarter 2024 results, showcasing a 19% year-over-year revenue increase, primarily driven by subscription growth which constituted 95% of its total revenue. The company recorded a net income of $5 million and adj
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