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Company News

Upwork 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

Feb 13, 2025
Company News

Paycom 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

Feb 12, 2025
Venture Capital

Agentic AI Startup Integrail Announces $10 Million in Seed Funding, New CEO to Drive Uptake of New Platform Enabling Any Business to Create AI Workers

Integrail , a San Francisco-based Agentic AI startup, has raised $10 million in seed funding and appointed Peter Guagenti as CEO to drive adoption of its AI-powered no-code platform. The AI Studio platform enables businesses to create and d

Feb 12, 2025
Company News

The Next Generation of Workforce Management is Here--Workday Unveils New Agent System of Record

Workday has introduced the Agent System of Record, a new AI-powered platform designed to help businesses manage their growing fleet of AI agents. This centralized system enables organizations to govern, track, and optimize both Workday and

Feb 11, 2025
Company News

Paylocity 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

Feb 7, 2025
Venture Capital

Phenom Acquires EDGE to Enhance Workforce Intelligence for Professional Services, IT Services, and Global Capability Centers

Phenom , an AI-driven HR technology leader, has acquired EDGE , a top resource management and talent mobility platform. This move enhances Phenom’s Intelligent Talent Experience platform with advanced resource planning capabilities, caterin

Feb 6, 2025
Company News

DHI 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

Feb 5, 2025
Company News

Paycor 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

Feb 5, 2025
Company News

Workday Announces Workforce Reduction of 1,750 Employees to Optimize Operations

Workday (NASDAQ:WDAY) is cutting 1,750 jobs, representing about 8.5% of its workforce, as part of a broader initiative to improve operational efficiency and refocus on core business areas. Despite the layoffs, Workday plans to continue hiri

Feb 5, 2025
Company News

Dayforce 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

Feb 5, 2025
Company News

Nationally Acclaimed Government Organization Creates Flexible, Empowering Workforce Experience with UKG

Western DuPage Special Recreation Association (WDSRA), a government organization offering inclusive programs for individuals with special needs, has implemented the UKG Ready suite to streamline HR, payroll, and workforce management. By ado

Feb 5, 2025
Company News

Kforce 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

Feb 3, 2025
Venture Capital

ADP acquires Procesamiento Externo de Información, S.C. (PEI) in Mexico

ADP (Nasdaq: ADP) has acquired Procesamiento Externo de Información, S.C. ( PEI ), a Mexico-based payroll solutions provider. This acquisition strengthens ADP’s global presence in Latin America by integrating PEI’s domestic expertise with A

Jan 31, 2025
Company News

Coursera 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

Jan 30, 2025
Column

For Ninth Time, UKG Ranked #1 in North American Midmarket Use Case in the Gartner Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises Report

UKG has been ranked highest for the ninth consecutive year in the 2024 Gartner® Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises in the North American Midmarket Use Case. Their AI-driven UKG Pro HCM suite empowers

Jan 28, 2025
Product News

Staffbase launches next-generation email solution to transform employee communications from unread to unmissable

Staffbase, the fastest-growing employee communications cloud, has launched "The New Staffbase Email" to revolutionize employee communication. This updated platform focuses on creating engaging, personalized, and data-driven emails, leveragi

Jan 27, 2025
Venture Capital

Workera 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

Jan 22, 2025
Venture Capital

ServiceNow 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

Jan 17, 2025
Venture Capital

Coram 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

Jan 16, 2025
Venture Capital

Maki Secures $28.6M to Revolutionize Talent Acquisition with Conversational AI

Maki , a leader in conversational AI for HR, has secured $28.6 million in Series A funding to redefine how organizations approach talent acquisition. With rapid growth in 2024 and large-scale partnerships with Fortune 500 companies, Maki’s

Jan 15, 2025
Company News

DHI Group, Inc. Announces Strategic Reorganization Separating the Dice and ClearanceJobs Businesses to Better Capitalize on Unique Market Dynamics

DHI Group, Inc. has announced a strategic reorganization to split its operations into two distinct divisions: Dice and ClearanceJobs. This move aims to focus on the unique market demands of each brand, streamline operations, and improve pro

Jan 14, 2025
Company News

beqom Appoints Lars Pedersen as CEO

beqom, a global leader in compensation management, embarks on an exciting new chapter as Lars Pedersen assumes the role of CEO, succeeding co-founder Fabio Ronga. With a strong foundation established under Ronga's leadership, including sign

Jan 13, 2025
Product News

HR Signal® Launches Lookalikes™, a Sourcing Platform for Recruiters That Uses AI to Find Better Candidates Instantly and Predict Their Interest in a New Job

HR Signal® has unveiled Lookalikes™, an AI-driven sourcing platform that redefines how recruiters discover and engage talent. By leveraging proprietary technology, Lookalikes™ allows recruiters to build candidate Archetypes, identify top ma

Jan 10, 2025
Venture Capital

Invst Acquires NS Capital, Revolutionizing Retirement Solutions for Businesses

Invst , a leading investment advisory firm, has acquired NS Capital to establish the Invst Unity Pooled Employer Plan (PEP). This strategic move revolutionizes retirement solutions for businesses, addressing challenges like fiduciary liabil

Jan 6, 2025
Venture Capital

Tenor 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

Dec 20, 2024
Company News

Paychex 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

Dec 19, 2024
Venture Capital

AI Leader Grammarly to Acquire Coda, Bring on New CEO

Grammarly , a leader in AI communication tools, announced its acquisition of productivity platform Coda . This move aligns with Grammarly’s vision to evolve into a comprehensive AI productivity platform, integrating Coda's flexible tools an

Dec 17, 2024
Product News

Reejig Releases Workforce Reinvention Blueprint, Proprietary Data Guiding Leaders to Bold and Responsible AI Implementation

Reejig , a global leader in workforce intelligence, has unveiled its Workforce Reinvention Blueprint , a first-of-its-kind analysis providing actionable insights into how AI can reshape industries. Drawing on over 130 million job records an

Dec 10, 2024
Column

ADP 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

Dec 4, 2024
Company News

Workday Names Rob Enslin President, Chief Commercial Officer

Workday has appointed Rob Enslin as President and Chief Commercial Officer (CCO) to lead its global commercial strategy, marking a significant step in its growth journey. Enslin, with over 30 years of experience in leading technology organi

Nov 26, 2024
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