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Axis Bank and Cognizant Collaborate to Strengthen Application Management with AMS 2.0 - PR Newswire
Axis Bank and Cognizant have announced AMS 2.0, a collaborative application management services initiative aimed at strengthening banking IT operations. The deal has no HR technology or workforce AI dimension.
Phenom Named a 2026 Top HR Product of the Year by HR Executive
Phenom has been named a 2026 Top HR Product of the Year by HR Executive magazine, according to a September 15 announcement. The specific product or feature behind the designation was not disclosed in the announcement.
Salesforce leads $166 million investment in HiBob, valuing Israeli HR tech company at $3.2 billion - calcalistech.com
Salesforce has led a $166 million funding round in HiBob, an Israeli-founded modern HRIS platform, pushing the company's valuation to $3.2 billion. The investment represents one of the largest recent bets on next-generation core HR infrastructure and underscores growing enterprise software interest in the HR technology sector.
Microsoft Cuts 4,800 Roles as AI Reshapes Work, Commercial Delivery and Xbox Strategy
Microsoft is eliminating around 4,800 roles, representing about 2.1% of its global workforce, as the company accelerates a broader transformation of its business, operating model and workforce priorities. The changes primarily affect Microsoft’s Commercial...
Madrid HR Tech Startup Orbio Raises $21 Million Series A to Reinvent Frontline Workforce Management with AI Agents
Orbio has raised $21M (£16M) in Series A funding led by Dawn Capital to automate hiring, onboarding, engagement, and retention for frontline workers. Customers include Yum! Brands, Adecco, Poke House, and AWWG. The company...
Company NewsOpenAI Appoints Arvind KC as Chief People Officer: Why Organizational System Design Is Now a Strategic AI Priority
OpenAI has appointed Arvind KC as its new Chief People Officer (CPO), a move that signals a decisive shift in how leading AI companies are thinking about scale, governance, and long-term competitive advantage. In an era where artificial int
Company NewsEightfold AI Faces Proposed Class Action Over Use of AI in Hiring Decisions
An artificial intelligence hiring platform widely used by large U.S. employers is facing a proposed class action lawsuit that could have far-reaching implications for how AI tools are regulated in recruitment. On January 21, 2026, Eightfold
Company NewsThe AI hype check: Fortune companies are not hiring AI-ready workers
Orgvue’s latest analysis of over 10,000 Fortune 100 job postings reveals that AI is not driving the massive layoffs dominating corporate headlines. Only 11% of job postings mention AI, and just 6% specify particular platforms or tools. Desp
Company NewsJosh Bersin Company Research Reveals How Talent Acquisition Is Being Revolutionized by AI
The Josh Bersin Company has released new research, in collaboration with AMS, revealing how AI is revolutionizing talent acquisition (TA). The $850 billion global recruiting market is undergoing a seismic shift from manual, fragmented recru
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 NewsThoma Bravo in Advanced Talks to Acquire Dayforce in $11B Take-Private Deal
Thoma Bravo is in advanced talks to acquire Dayforce Inc. in a deal valued at more than $11 billion, potentially taking the HR software provider private. Despite strong revenue growth and improving profitability, Dayforce has struggled in p
HotNewsJob 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 NewsWorkday Achieves Top AI Certifications, Reinforcing Commitment to Responsible AI
Workday has achieved two significant AI certifications: ISO 42001 and alignment with the NIST AI Risk Management Framework. These accreditations demonstrate Workday’s commitment to responsible and ethical AI practices, offering customers gr
Venture CapitalItalian-based Skillvue raises $6.3M to transform how companies discover and develop hidden talent
HR tech platform evolves from recruitment tool to comprehensive skills partner as organizations struggle to identify capabilities in both candidates and employees. Milan, May 05, 2025 -- While 70% of HR professionals desperately search for
Company NewsUKG Launches Global Operations Hub in Ireland
UKG , a leader in HR, payroll, and workforce management solutions, is set to more than double its workforce in Ireland by establishing a new Global Operations Hub in Kilkenny. Partnering with the Irish government through IDA Ireland, UKG pl
Product NewsAon Advances Data and Analytics Capabilities for Human Capital Clients with Launch of Integrated Radford McLagan Compensation Database
Aon plc has unveiled its Radford McLagan Compensation Database, a comprehensive platform that integrates the company's extensive compensation and talent insights across various sectors including financial services, life sciences, and t
Company NewsSmartRecruiters' Global Footprint: Facilitating 100 Million Job Applications Signals Strong International Growth
SmartRecruiters , an innovative hiring platform, announces significant growth and strategic advancements, marking a notable presence in the global recruitment technology sector. The platform has achieved a milestone with over 100 million jo
Venture CapitalTeamspective Secures €900K Pre-Seed Funding in Finland: Elevating Employee Engagement with Cutting-Edge HRTech Solutions
Teamspective , a Finnish employee engagement startup, has secured €900,000 in pre-seed funding to enhance organizational health and team performance through data-driven insights. Utilizing AI to analyze employee engagement data, Teamspectiv
Venture CapitalClasp Secures $1.5 Million in Seed Funding to Revolutionize Employee Benefits Management
Clasp has been launched with a $1.5M funding round led by Base10 Partners, aiming to revolutionize the employee benefits sector by offering an API-driven infrastructure service. Co-founded by Amar Jasarbasic and Zach Zhang, Clasp seeks to a
Venture CapitalDeel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy
Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De
Company NewsRecruit Holdings Q3 Financial Report: Navigating Challenges with Strategic Precision
Recruit Holdings Co. Ltd., a leading global staffing firm, faced a slight revenue decline in Q3 FY2023, with total revenue at approximately USD 5.8 billion, a 1.5% decrease year-over-year. This dip, adjusted to 4.5% excluding currency benef
Company NewsUKG Launches Global Innovation Hub in Bulgaria
UKG Inc., a leading provider of HR, payroll, workforce management, and culture solutions, has announced the opening of its new Global Innovation Hub in Bulgaria, aiming to accelerate the delivery of solutions that foster great workplace exp
NewsWelcome to the Jungle Acquires Otta, Revolutionizing the HR Tech Landscape
Welcome to the Jungle , a French leader in employer branding and recruitment solutions, announces the strategic acquisition of Otta, a UK-based job search platform. This move marks a significant expansion in Europe and initiates Welcome to
Venture CapitalRemuner, a Barcelona Startup, Secures €2M Funding to Transform Variable Compensation Management with AI
In a remarkable stride for the HR technology sector, Barcelona's emerging AI startup, Remuner , has successfully closed a €2 million Pre-Seed funding round. This significant milestone, led by the Silicon Valley-based fund Pear VC, comes mer
Venture CapitalMercor Secures $3.6M in Funding, Unveils AI-Powered Talent Matching Platform
In a remarkable leap forward in the recruitment technology sector, Mercor has announced a significant milestone, securing $3.6 million in funding. The round, led by General Catalyst, saw participation from notable investors including Scott
Venture CapitalnCoreHR's EUR2M Boost: Pioneering Recruitment Tech on a Global Scale
nCoreHR , a Milan-based company specializing in HR technology, provides a cloud-based platform for automating recruitment processes. Their software focuses on reducing non-core operations for HR professionals, improving efficiency in handli
Company NewsLattice Announces Sarah Franklin as New CEO: A Step Towards Enhanced Employee Engagement
Lattice , a prominent company in performance management and employee engagement, announces a significant leadership transition. Effective January 2, 2024, Sarah Franklin will take the helm as CEO, bringing her vast experience from Salesforc
Company NewsEasop Announces Strategic Partnership with Carta and Snags Investment from Tech Law Firm Cooley's Fund and SemperVirens
NEW YORK , -- Easop , the equity compensation solution for global teams, announces a significant milestone in its journey towards revolutionizing global employee equity management. In only 18 months, the company has forged a strategic partn
Venture CapitalFirst Advantage Expands Digital Identity Solutions by Acquiring Infinite ID
ATLANTA, Sept. 05, 2023 -- First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, today announced the acquisition of Infinite ID, a U.S.-based digital identity auth
Venture CapitalHowdy.com Acquires Brazilian Talent Marketplace, GeekHunter, As Demand for AI Engineers Increases
AUSTIN, Texas -- Howdy.com , a talent sourcing and management provider that connects U.S. companies with Latin American (LATAM) tech workers, announced the acquisition of GeekHunter , one of the largest and most reputable talent marketplac
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