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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Workday Revenue Hits $2.649 Billion as AI Drives More Than 25% of New ACV
Workday reported fiscal 2027 second-quarter revenue of $2.649 billion, up 12.8% year over year, with subscription revenue rising 13.9% to $2.471 billion. More importantly, AI is beginning to show measurable commercial impact: CEO Aneel Bhus
Company NewsHireQuest Q2 Profitability Surges as Staffing Market Shows Signs of Recovery
HireQuest reported Q2 2026 revenue of $8.1M, up 6.0% YoY. Excluding the MRINetwork divestiture, revenue grew 16.6% and system-wide sales rose 6.9%. Net income reached $2.7M, while Adjusted EBITDA increased to $4.6M. GOOSE CREEK, S.C.
Straiker Raises $64M Series A to Secure the Agentic Workforce
Straiker raised a $64M Series A, bringing total funding to $85M. The round was led by Marathon Management Partners, Citi Ventures, Illuminate Financial, and Workday Ventures, with Bain Capital Ventures and Lightspeed continuing support....
Venture CapitalAI-Native Hiring Platform Elly Secures $8M to Reinvent Interview and ATS Workflows
Elly , operated by Recruit Tech Labs dba Elly, launched its AI-native hiring platform and raised $8M led by Sorenson Capital, with Atomic and Next Wave Capital participating. Early users report up to 1h45m saved per candidate and 10h/week s
Company NewsPaychex Announces $1 Billion Stock Repurchase Authorization and Declares Quarterly Dividend
Paychex , Inc. (Nasdaq: PAYX), a leading provider of human capital management solutions, has announced a major capital return initiative, reinforcing its long-standing commitment to shareholder value. The company’s Board of Directors author
Company NewsKelly Services Adopts Shareholder Rights Plan Following Sale of Controlling Stake
Kelly Services, Inc. , a leading U.S. specialty talent solutions provider, has adopted a stockholder rights plan following the announcement that its controlling shareholder, the Terence E. Adderley Revocable Trust K, has entered into a defi
Company NewsStephen C. Dwyer Begins Tenure as American Staffing Association's Chief Executive Officer
Stephen C. Dwyer officially assumes the role of CEO of the American Staffing Association as of Jan. 1, 2026. Formerly ASA president and chief legal and operating officer, he succeeds retiring CEO Richard Wahlquist and becomes the fifth CEO
Venture CapitalCoursera to Combine with Udemy to Empower the Global Workforce with Skills for the AI Era
Coursera and Udemy have announced a landmark merger agreement valued at approximately $2.5 billion, bringing together two of the world’s most prominent online learning platforms at a critical moment for the global workforce. Under the all-s
Company NewsKelly Reports Third-Quarter 2025 Earnings
Kelly (Nasdaq: KELYA, KELYB) reported Q3 2025 revenue of $935.0M, down 9.9% YoY, with underlying revenue down ~2% after ~8% discrete headwinds tied to U.S. federal contractors and three large customers. A $102.0M non-cash goodwill impairmen
Company NewsThe HR Policy Association Announces its Rebrand to the CHRO Association
The HR Policy Association, a Washington-based nonprofit representing over 400 major corporations employing 20 million people worldwide, has officially rebranded as the CHRO Association . The move reflects the evolving role of Chief Human Re
Company NewsADP Nominates Karen S. Lynch and Robert H. Swan to Board of Directors
ADP has nominated Karen S. Lynch, former CEO of CVS Health, and Robert H. Swan, former CEO and CFO of Intel, to its Board of Directors ahead of the November 12, 2025, Annual Meeting of Stockholders. With decades of leadership experience acr
Company NewsDonna Morris, Executive Vice President and Chief People Officer at Walmart Inc., Appointed to UKG Board of Directors
UKG has appointed Donna Morris, Executive Vice President and Chief People Officer at Walmart, to its Board of Directors. With her extensive experience leading global HR operations for Walmart’s 2 million associates and her history of drivin
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 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
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
Venture Capitalai.work Launches from Stealth with $10M Seed to Build Autonomous AI Employees for Enterprises
Tel Aviv- and New York-based startup ai.work has emerged from stealth with a $10 million seed round led by A * and lool ventures , unveiling a new AI Worker platform built to automate internal enterprise operations. Founded by Maor Ezer an
Venture CapitalWedgeHR Raises Strategic Funding to Scale Video Hiring Platform Across North America
WedgeHR, an HR tech innovator in video interviewing, has announced a new strategic funding round led by a consortium of HR tech veterans and growth investors. The round includes BDev Ventures and several seasoned operators, with new board a
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
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
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
Company NewsQuantum Workplace Names Joe Holland as Chief Executive Officer to Lead Next Phase of Growth and Innovation
Quantum Workplace, a leading provider of employee engagement and performance management solutions, has appointed Joe Holland as its new CEO, marking a significant leadership transition as Co-Founder Greg Harris steps into a board role after
Company NewsZipRecruiter Announces Fourth Quarter and Full Year 2024 Results
ZipRecruiter reported annual revenue of $474 million, with Adjusted EBITDA reaching $78 million, representing a 16% margin. However, the company also posted a net loss of $12.9 million, resulting in a -3% net income margin. Despite macroeco
Company NewsAlight Reports Q4 2024 Earnings: $680M Revenue with 9.8% BPaaS Growth
Alight, Inc. (NYSE: ALIT) reported its fourth quarter and full-year 2024 financial results, demonstrating resilience despite a slight revenue decline. Q4 revenue stood at $680 million, with Business Process as a Service (BPaaS) revenue grow
Company NewsDHI 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
Company NewsPaycor 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
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 NewsDHI 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
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 CapitalAI 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
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