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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300New Workday Global Research: Stalled Career Growth Is Driving Top Talent to Quit
Workday’s latest Global Workforce Report reveals a silent but accelerating crisis inside organizations: stalled career growth, rising attrition of top performers, and unclear AI strategies are pushing talent out the door. Promotions are dow
Product NewsFountain Launches Frontline OS to Cut New Hire Screening Time of Frontline Workers by up to 98% and Boost Retention by 50% Through Agentic AI
Fountain has launched Frontline OS , an AI-native operating system designed for the world’s 2.7 billion frontline workers. Powered by Copilot AI with Anthropic’s Claude models, the platform automates hiring, onboarding, scheduling, complian
Company NewsWorkday Q2 FY26 Revenue Rises 12.6% to $2.35B, Raises Full-Year Guidance
Workday reported strong fiscal 2026 Q2 results with total revenue of $2.35 billion, up 12.6% year-over-year, driven by 14% growth in subscription revenue. Operating income more than doubled, while non-GAAP operating margin reached 29%. Net
Venture CapitalWorkday to Acquire Paradox, Expanding AI-Powered Hiring Suite for Frontline and Back Office Workers
Workday has signed a definitive agreement to acquire Paradox, the AI-driven candidate experience platform known for its conversational recruiting assistant Olivia. With Paradox, Workday aims to deliver a fully AI-powered talent acquisition
Product NewsBrainbase Labs Leverages AWS to Launch Kafka Workforce: a Highly-Specialized AI Employee Platform for Enterprise
Brainbase Labs launched Kafka Workforce , an enterprise platform on AWS that lets companies onboard highly-specialized AI employees —in under an hour via natural language. Each AI worker has its own computer, persistent storage, browser, te
Venture CapitalDayforce Enters into US$12.3 Billion Definitive Agreement with Thoma Bravo to Become a Private Company
Dayforce , a global leader in human capital management (HCM) technology, has announced a definitive agreement to be acquired by Thoma Bravo in an all-cash deal valued at US$12.3 billion. Under the agreement, Dayforce shareholders will recei
Company NewsWorkday and DailyPay Partner to Deliver On-Demand Pay Across U.S. and Canada
Workday and DailyPay have announced a strategic partnership to provide on-demand pay solutions for millions of workers across the U.S. and Canada. The integration with Workday HCM and Payroll will allow employees, particularly frontline and
Product NewsDeel Launches AI Workforce with 7 Specialized Agents to Transform HR and Payroll
Deel has launched its AI Workforce , a new platform feature designed to help global HR and payroll teams manage administrative workloads through AI-powered agents. With seven specialized AI agents for functions like hiring, payroll, complia
Company NewsWorkday Confirms Data Breach Linked to Social Engineering Attacks
Workday confirmed a security incident in which attackers accessed a third-party customer relationship database and stole personal contact information (names, emails, phone numbers). Workday says there’s no indication of access to customer t
Venture CapitalWorkday Acquires Flowise to Supercharge AI Agent Development in HR and Finance
Workday has acquired Flowise , an open-source, low-code AI agent builder platform, to empower customers and partners with fast, customizable, and responsible AI development capabilities. Flowise enables users to design and deploy AI agents
Venture CapitalDarwinbox Secures US$40M from Teachers’ Venture Growth to Fuel North America Expansion and AI-First HCM Innovation
Darwinbox , a fast-growing AI-powered human capital management (HCM) platform, has secured US$40 million from Teachers’ Venture Growth (TVG), part of the Ontario Teachers’ Pension Plan. The funding will accelerate the company’s North Americ
Product NewsZipRecruiter Brings Breakroom to U.S., Delivering 1M+ Real Workplace Ratings for Frontline Jobs
ZipRecruiter has launched Breakroom in the U.S., a workplace rating platform designed for frontline industries such as retail, hospitality, and logistics. With over one million employee ratings, Breakroom offers role- and location-specific
Company NewsNew Workday Global Research: AI Agents Are Here—But Don't Call Them Boss
Workday’s latest global research, AI Agents Are Here—But Don’t Call Them Boss , reveals that while 75% of employees are ready to collaborate with AI agents, only 30% are comfortable being managed by them. The survey of nearly 3,000 professi
Company NewsZipRecruiter Q2 2025 Revenue Hits $112.2M, Signals Possible Q4 YoY Growth
ZipRecruiter reported Q2 2025 revenue of $112.2 million, with a net loss of $9.5 million (−8% margin) and Adjusted EBITDA of $9.3 million (8% margin). Despite a still-soft labor market, sequential growth in Paid Employers since Q4 2024 and
Venture CapitalLaurel Secures Strategic Investment from Workday Ventures to Transform AI Time Tracking in Professional Services
Laurel, the world’s first AI Time platform for professional services, has raised $100 million in Series C funding led by IVP, with participation from GV and 01A. The investment will accelerate Laurel’s mission to solve the “time intelligenc
Venture CapitalLockton Announces Acquisition of Employee Experience Company
Lockton, the world's largest privately held insurance brokerage, has announced the full acquisition of Benefits Communication Insourcing (BCI), a move that underscores its commitment to enhancing employee experience and benefits strategy so
Company NewsUpwork Reports Second Quarter 2025 Financial Results
Upwork reported strong Q2 2025 financial results, with record revenue of $194.9 million , GAAP net income of $32.7 million , and adjusted EBITDA of $57.1 million , marking a 17% profit margin and a record 29% EBITDA margin. The company rais
Company NewsPaylocity Announces Fourth Quarter and Full Fiscal Year 2025 Financial Results
Q4 2025 Recurring & Other Revenue of $369.9 million, up 14% year-over-year Q4 2025 Total Revenue of $400.7 million, up 12% year-over-year FY 2025 Recurring & Other Revenue of $1,471.8 million, up 15% year-over-year FY 2025 Total Revenue of
Venture CapitalEmployee Navigator Raises $100M to Fuel AI-Powered HR and Benefits Platform Expansion
Employee Navigator , a leading U.S.-based benefits administration and HR software provider, has completed a $100 million funding round from its existing investors, JMI Equity and Spectrum Equity. This minority investment facilitated a $120
Venture CapitalSAP to Acquire SmartRecruiters: Integrating Innovative Talent Acquisition Portfolio Will Help Companies Attract and Retain Top Talent
SAP has announced its agreement to acquire SmartRecruiters , a leading provider of AI-powered talent acquisition solutions. This strategic move aims to enhance SAP’s SuccessFactors HCM suite by integrating SmartRecruiters’ strengths in re
Venture CapitalUnmind Announces $35M In New Funding to Transform Workplace Mental Health
Unmind , a global leader in workplace mental health solutions, has raised $35 million in new funding led by TELUS Global Ventures. The investment will accelerate its U.S. expansion and enhance its AI-powered platform, which integrates thera
Company NewsFiverr Q2 2025 Earnings: $108.6M Revenue Driven by AI & Managed Services
Fiverr reported solid second-quarter 2025 results, with total revenue reaching $108.6 million, up 14.8% year-over-year. The growth was driven primarily by AI-related services, the strong performance of Fiverr Pro’s Managed Services, and a s
Company NewsCareerBuilder + Monster Receives Court Approval of Sale Transactions
On July 29, 2025, CareerBuilder + Monster announced that the U.S. Bankruptcy Court has approved three asset sale transactions under its Chapter 11 restructuring process. Global career-tech firm BOLD will acquire the job board business and r
Product NewsAlight Elevates Employer-employee Benefits Experience With Second Release of Alight Worklife® for 2025
Alight has released the second major update of its Alight Worklife® platform for 2025, reinforcing its AI-powered capabilities across employee benefits administration. This release enhances five key areas: health, wealth, wellbeing, navigat
Company NewsKforce Posts $334M Q2 Revenue, EPS Up 31% QoQ Despite Demand Constraints
Kforce Inc. reported Q2 2025 revenue of $334.3 million and diluted EPS of $0.59, representing a sequential increase amid ongoing macroeconomic uncertainty. Technology and Finance & Accounting (FA) Flex segments both saw modest growth from Q
EarningsTriNet Announces Second Quarter 2025 Results & Reaffirms Full Year 2025 Guidance
TriNet reported its Q2 2025 earnings, maintaining total revenue at $1.238 billion, essentially flat year-over-year. Despite a 4% decline in average WSEs and an 8% drop in professional services revenue, the company reaffirmed its full-year g
Product NewsLeena AI Announces the Launch of Voice-Enabled, Agentic AI Colleagues to Revolutionize Employee Centricity and Enterprise Productivity
Leena AI has launched voice-enabled Agentic AI colleagues to revolutionize employee support and workplace productivity. These AI agents use natural voice interactions to assist employees across HR, IT, Sales, Finance, and more—anytime, anyw
Venture CapitalgoHappy Announces Strategic Growth Investment from Pamlico Capital to Accelerate Innovation in Frontline Employee Engagement
goHappy , a Richmond-based provider of app-free frontline employee engagement solutions, has received a strategic growth investment from Pamlico Capital to accelerate innovation and product expansion. Serving over 1 million frontline worker
Venture CapitalBetterComp Secures $33M Series A to Expand into New Markets & Advance AI in Compensation Practices
BetterComp , a compensation management software provider based in Walnut Creek, California, has secured $33 million in Series A funding led by Ten Coves Capital. This marks the company’s first institutional funding after years of bootstrapp
Product NewsPaylocity Advances One Unified HCM and Finance Platform with Launch of Integrated Spend Management Solution
Paylocity has launched “Paylocity for Finance,” expanding its modern HCM platform into the Office of the CFO by integrating Airbase’s award-winning spend management technology. This unified solution enables organizations to manage payroll a
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