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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Job Boards Are Dying—AI Is Becoming the New Hiring Front Door
In July 2025, Japanese HR services giant Recruit Holdings announced a sweeping reorganization of its HR technology division, cutting approximately 1,300 jobs , or 6% of the department’s global workforce. The restructuring directly impacts i
Company NewsPapaya Global and Worksome Partner to Transform the $2 Trillion Contingent Workforce Market for Enterprise Clients
Papaya Global and Worksome have formed a strategic partnership to transform how enterprises manage and pay their contingent workforce. As freelancers and contractors now make up 40% of the global labor market, this integration combines Papa
NewsLightcast Acquires Rhetorik to Expand Global People, Company, and Labor Market Intelligence
Lightcast , a global labor market intelligence leader, has acquired UK-based Rhetorik to significantly enhance its data capabilities. This strategic acquisition brings together Lightcast’s demand-side labor insights with Rhetorik’s supply-s
Venture CapitalLumApps and Beekeeper Merge to Form $1B+ AI Employee Hub for the Future of Work
LumApps and Beekeeper , two founder-led leaders in workplace technology, are merging in a Bridgepoint-backed deal that values the combined company at over $1 billion . The new entity will serve 7 million users across 2,000+ organizations ,
Venture Capitalzvoove Acquires mywage to Expand into UK with AI-Powered Payroll Platform
zvoove , a European leader in cloud solutions for the staffing and service industries, has announced its acquisition of mywage , a UK-based HR and payroll SaaS provider. This strategic move expands zvoove's presence into the UK — the third-
Product NewsCoachHub Announces Official Rollout of AIMY™, Empowering the Global Workforce with an AI-driven Coaching Solution Accessible to Employees of All Levels
CoachHub has officially launched AIMY™, its AI-powered coaching solution now available to all clients. Rooted in behavioral science and built on a foundation of real coaching frameworks, AIMY™ delivers continuous, personalized guidance—voic
Venture CapitalAI-Native Platform Niural Secures $31M to Automate Payroll and Global Ops
Niural, an AI-native global PEO platform, has raised $31 million in Series A funding to reinvent financial operations for modern CFOs. By combining proprietary infrastructure with executional AI agent EMMA, Niural transforms traditional pay
Company NewsEnd of an Era: Zen JV Files for Bankruptcy, Marking the Final Chapter for CareerBuilder and Monster
Zen JV, LLC, the parent entity behind well-known recruitment brands like CareerBuilder and Monster Worldwide, has filed for Chapter 11 bankruptcy in the District of Delaware. The filing includes ten affiliated entities and initiates a forma
Venture CapitalAya Healthcare Acquires Locum’s Nest to Advance Innovative Workforce Solutions in the UK
Aya Healthcare, the largest healthcare staffing and talent software company in the U.S., has acquired Locum’s Nest, a leading U.K.-based digital workforce platform that connects clinicians with open NHS shifts. This acquisition aims to comb
Venture CapitalNew York-Based Warp Raises $18M Series A to Build AI-Driven Payroll and Compliance Platform for Startups
Warp , a New York-based HR and payroll automation startup, announced it has raised $18 million in Series A funding , bringing its total funding to $24 million . The round was led by Sound Ventures , with participation from Y Combinator , HO
Venture CapitalVancouver’s Acorn Secures $12.3M to Advance Performance Learning Systems (PLMS)
Acorn , a Vancouver-based AI-powered performance and learning management platform, has secured $12.3 million in Series A funding led by Level Equity. The funding will accelerate product innovation and global expansion, coinciding with the l
Venture CapitalWorkWhile Secures $23 Million Series B, Fueling AI-Powered Revolution in $650B Staffing Industry
WorkWhile , an AI-driven labor platform transforming the $650B staffing industry, has raised $23 million in a Series B round led by Rethink Impact. The company leverages machine learning to match businesses with reliable hourly workers, ach
Product NewsSmartRecruiters Launches Agentic AI Hiring Platform
SmartRecruiters has unveiled a groundbreaking agentic AI hiring platform featuring Winston, an embedded AI companion that streamlines every stage of the hiring journey. With SmartOS at its core, the system automates repetitive tasks like sc
Company NewsWorkday Announces New AI Agent Partner Network and Agent Gateway to Power the Next Generation of Human and Digital Workforces
Workday has unveiled the Agent Partner Network and Agent Gateway at DevCon 2025, introducing a transformative shift in workforce management by integrating AI agents into the enterprise ecosystem. With partners like AWS, Microsoft, Google Cl
Company NewsIndeed CEO Chris Hyams Steps Down After 15-Year Tenure; Deko Returns to Lead
Chris Hyams has officially stepped down as CEO of Indeed after nearly 15 years of leading the world’s largest job platform. In a heartfelt letter to the team, Hyams reflects on his journey from VP of Product to CEO, overseeing Indeed’s expo
Product NewseTip Launches Debit Payroll Card to Modernize Tipped Wage Access
eTip, a leading digital tipping platform for hospitality and service sectors, has launched a new no-fee VISA debit payroll card that allows instant access to tips and wages. The card, available in both physical and virtual formats, is desig
Venture CapitalUKG Acquires Shiftboard, a Leading Energy and Manufacturing Employee Scheduling Solutions Provider
UKG has acquired Shiftboard, a top scheduling software provider serving mission-critical sectors like oil and gas, energy, and manufacturing. Shiftboard’s platform optimizes union compliance, fatigue management, and 24/7 operations through
ColumnWorkday Announces Fiscal 2026 First Quarter Financial Results
Workday reported strong Q1 FY26 earnings with total revenue reaching $2.24 billion, a 12.6% increase year-over-year. Subscription revenue grew by 13.4%, driven by demand for its AI-powered platform. Despite a GAAP operating income dip due t
Venture CapitalLondon-based Origin Secures $21M Series A to Revolutionize Global Benefits Intelligence
Origin today launched the world’s first Global Benefits Intelligence platform, securing $21 million in a Series A led by Felix Capital (with Acadian Ventures and Notion Capital). Powered by its AI engine Cuido™, Origin centralizes and struc
Venture CapitalUK’s Cronofy Raises £15M from BGF to Expand Scheduling Infrastructure
Cronofy , a UK-based embedded scheduling platform, has secured a £15 million investment from BGF to fuel its international expansion and product innovation. Trusted by over 180,000 organizations worldwide—including brands like Wise, Indeed,
Company NewsPerceptyx Announces Activate for All, Giving Every Large Enterprise the Opportunity to Turn Listening Insights Into Action
Perceptyx has announced the expanded availability of its AI-powered behavior change solution, Activate, now compatible with any enterprise EX platform including Qualtrics, Medallia, and Viva Glint. The launch introduces new “Bring Your Own
Company NewsTrueBlue Board of Directors Unanimously Rejects Unsolicited Proposal from HireQuest
On May 13, 2025, TrueBlue Inc. (NYSE: TBI), a leading workforce solutions provider, publicly announced its Board of Directors has unanimously rejected an unsolicited acquisition proposal from HireQuest, Inc. The all-stock offer of $7.50 per
Product NewsDarwinbox Becomes First HCM Platform Globally to Launch Its Own Model Context Protocol (MCP) Server
Darwinbox has become the first global Human Capital Management (HCM) platform to launch its own Model Context Protocol (MCP) Server, marking a major leap toward enabling secure, intelligent collaboration between AI agents and enterprise sys
Venture CapitalRippling Raises $450M in Series G, Valuation Soars to $16.8B as YC Becomes a Customer
Rippling has raised $450M in a Series G round, boosting its valuation to $16.8B. The round includes investors like Elad Gil, Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, and Y Combinator. A $200M tender offer accompanies
EarningsZipRecruiter Reports $110.1M Revenue in Q1 2025 Amid Hiring Slowdown
Quarterly revenue of $110.1 million Quarterly net loss of ($12.8) million, or net loss margin of (12)% Quarterly Adjusted EBITDA of $5.9 million, or Adjusted EBITDA margin of 5% SANTA MONICA, Calif.---ZipRecruiter ® (NYSE: ZIP), a leading
Venture CapitalUK-Based Ravio Secures $12M to Disrupt Outdated Salary Practices with Live Benchmarking Tools
Ravio , a London-based compensation data platform, has secured a $12 million Series A round led by Spark Capital to transform how companies manage pay. With outdated compensation benchmarks often based on data that is over a year old, Ravio
Product NewsHumantelligence Unveils Ask Aura™: The Next Evolution in AI-Powered Workplace Coaching for Leaders, Managers & Teams
Humantelligence has introduced Ask Aura™, an AI-driven coaching assistant that delivers real-time, personalized guidance to employees, especially managers, to improve communication, collaboration, and leadership skills directly within tools
Venture CapitalRevelio Labs Acquires Salary Board to Expand Global Compensation Analytics
Revelio Labs , a leading provider of workforce intelligence, has acquired Salary Board, a prominent player in real-time compensation data and labor market insights. This strategic acquisition expands Revelio Labs' global dataset and enhance
Company NewsADP Q3 FY25 Revenue Hits $5.6B with 6% Growth, EPS Climbs to $3.06
In Q3 of fiscal 2025, ADP reported robust financial performance with a 6% year-over-year revenue increase, reaching $5.6 billion, driven by solid results across both Employer Services and PEO segments. Adjusted EBIT rose 6% to $1.6 billion
ColumnGlobal Trade Policy Changes Leave U.S. Frontline Workers Nervous, Angry, and Stressed Out
A recent UKG survey of over 5,000 U.S. frontline workers reveals significant anxiety and behavioral changes due to evolving trade policies and tariff uncertainties. Over half fear job layoffs, with nearly three-quarters concerned about futu
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