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Main Capital Partners Acquires Majority Stake in UK-Based Orgvue in First UK Platform Investment
Main Capital Partners Acquires Majority Stake in UK-Based Orgvue in First UK Platform Investment. Main Capital Partners has acquired a majority stake in London-headquartered Orgvue, marking the software investor’s first platform investment in the UK. Orgvue provides cloud-based Strategic Workforce Management software used by close to 200 global enterprise
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...
ZipRecruiter Launches New AI Feature to Automate Recruiter Outreach
ZipRecruiter® has launched Smart Outreach, an AI feature inside its Resume Database that turns job descriptions into personalized candidate message sequences. The tool can send up to 3 follow-ups and is built on a database of 50M+ job seeke
Workday Global Research Finds AI Reduces Burnout but May Deepen the Workplace Connection Deficit
Workday’s new Human Connection Workplace Index surveyed 2,150 AI-using employees across 7 countries. While 62% say AI has reduced stress or burnout risk and 86% feel more productive, 14% have taken time off due to loneliness or social isola
Company NewsPaylocity Announces Second Quarter Fiscal Year 2026 Financial Results
Paylocity Holding Corporation (Nasdaq: PCTY) reported second quarter fiscal year 2026 results (quarter ended December 31, 2025), highlighting double-digit revenue growth and expanding profitability. Recurring & other revenue reached $387.0
Venture CapitalADP Acquires Pequity
ADP has acquired Pequity, a 2019-founded compensation management platform, in a move to enhance its global HR and payroll capabilities. Pequity’s AI-powered tools combine spreadsheet familiarity with enterprise-grade automation, offering bu
Product NewsWorkday Introduces New Custom AI Model Library to Power Smarter, Faster Contract Reviews
Workday has unveiled its new Custom AI Model Library for the Workday Contract Intelligence Agent , powered by Evisort. With over 120 pre-built AI models , this release enhances Workday’s enterprise AI capabilities by enabling automatic cont
Venture CapitalMagic Raises $10 M Seed to Power AI-Driven Personalisation in Hospitality
Magic , a New York-based startup, has emerged from stealth with its flagship product, Loyalist , an AI-powered CRM platform aimed at the hospitality industry. The company has raised a $10 million seed round led by Lerer Hippeau and other pa
Venture CapitalViven Raises $35 Million Seed Round to Launch AI Digital Twins for Enterprises
Viven, founded by Eightfold’s co-founders Ashutosh Garg and Varun Kacholia, has emerged from stealth with $35 million seed funding from Khosla Ventures, Foundation Capital, FPV Ventures, and others. Based in Santa Clara, California, Viven i
Venture Capitalzvoove Acquires adata Software to Build Germany’s First Fully Integrated Cloud ERP for Facility Management
zvoove, the leading software and AI provider for staffing, security, and cleaning industries, has acquired adata Software GmbH to strengthen its presence in Germany and expand its cloud ERP offering for the facility management sector. The a
Company NewsADP Unveils AI Features Built for HR's Biggest Challenges at Innovation Day 2025
At its 2025 Innovation Day, ADP unveiled new AI-powered features across Workforce Now®, ADP Global Payroll®, and ADP Lyric HCM®, designed to solve HR’s biggest pain points. The enhancements, built on ADP Assist, focus on proactive payroll a
Venture CapitalBullhorn acquires TargetRecruit and expands Salesforce ecosystem to 150,000 users
Bullhorn , a global leader in staffing software, has acquired TargetRecruit , a Houston-based Salesforce-native provider of recruitment solutions. This strategic move expands Bullhorn’s reach in healthcare staffing, particularly in the high
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 NewsiCIMS Introduces New AI Capabilities for Smarter Sourcing and Recruiting
iCIMS has launched a new wave of AI-powered enhancements to streamline talent acquisition workflows, reduce manual effort, and improve candidate and recruiter experiences. The summer release introduces three key AI assistants—for candidate
Venture CapitalEnrich Layer Acquires HR Signal® to Integrate Market-Leading Workforce Insights Engine™ into their Data Platform
Enrich Layer , a leading provider of unified B2B data enrichment APIs, has acquired HR Signal®, an AI-driven predictive workforce analytics platform known for its proprietary Workforce Insights Engine™. This strategic acquisition aims to ex
Company NewsOutdated HR Systems Cost Government $1 Billion Annually, New Workday Report Shows
PLEASANTON, Calif. , May 12, 2025 -- A new report from Workday, Inc . (NASDAQ: WDAY ), the AI platform for managing peopl e , money , and agents , reveals that outdated federal human resources systems are costing taxpayers nearly $1
Venture CapitalCheckr Expands into Employment Verification with Acquisition of Truework
Checkr has announced its acquisition of Truework , a major player in income and employment verification. This strategic move allows Checkr to expand beyond background checks into the multi-billion dollar employment verification industry. Tr
Venture CapitalPalo Alto-Based Lumber Raises $15.5M Series A to Transform AI-Powered Construction Workforce Management
Lumber , an AI-powered workforce management platform for the construction industry, has secured a $15.5 million Series A funding led by Foundation Capital , with participation from Tishman Speyer, Carbide Ventures, 8VC, Sure Ventures, and F
Company NewsDeloitte's '2025 Global Human Capital Trends' Aims to Help Leaders Navigate Complex Workplace Tensions
Deloitte's 2025 Global Human Capital Trends report explores the growing tensions between business needs and human workforce development. Based on insights from nearly 13,000 business and HR leaders across 93 countries, the report highlights
Venture CapitalJobGet Acquires Seasoned: AI & Automation Reshape Restaurant Hiring
JobGet has acquired Seasoned , strengthening its position as the leading hiring platform for hourly workers. This acquisition follows its recent purchase of Snagajob, extending its reach to over 100 million job seekers. Seasoned’s AI-powere
Product NewsRemote Unveils Recruit: AI-Powered Hiring with One-Click Global Onboarding
Remote has introduced Recruit , an AI-driven talent sourcing solution that simplifies global hiring by providing access to a vast talent intelligence dataset, smart sourcing capabilities, and one-click compliant hiring. Through its partners
Company NewsFirst HR AI Success Metrics Beyond "Saving Time" Emerge from Josh Bersin Company Analysis
The Josh Bersin Company has released a new analysis highlighting AI’s impact in HR, moving beyond the conventional focus on time-saving benefits. The study, based on SAP HR AI engagements, reveals concrete advantages such as a 95% accelerat
Venture CapitalEmploy Acquires Pillar: The Future of AI-Powered Hiring is Here
Employ has acquired Pillar, a leading AI interview intelligence platform, to enhance hiring efficiency and transform talent acquisition. By integrating Pillar’s AI-powered insights, Employ aims to eliminate inefficiencies, accelerate hiring
Venture CapitalCoAdvantage & PrimePay Merge to Elevate HR Tech for SMBs
Aquiline Capital Partners has announced the merger of its portfolio companies, CoAdvantage and PrimePay , to enhance human capital management (HCM) services for small- and mid-sized businesses. This strategic combination aims to offer a mor
Venture CapitalIndia’s HR SaaS Star Darwinbox Raises $140M to Expand HR Tech Disruption into the U.S.
Indian HR tech startup Darwinbox has raised $140 million in a funding round co-led by KKR and Partners Group, positioning itself to compete with Deel and Rippling. The company, which provides an all-in-one SaaS platform for hiring, onboardi
ColumnWorkday and Randstad Partner to Transform Hiring with AI
Workday and Randstad have partnered to revolutionize talent acquisition by integrating Workday’s AI-powered Recruiting Agent with Randstad’s vast talent network. This collaboration streamlines the hiring process, allowing recruiters to inst
Company NewsThe 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
Venture CapitalPhenom 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
Venture CapitalFinal Round AI Secures $6.88M in Oversubscribed Seed Funding to Transform the Job Search Journey
Final Round AI has raised an oversubscribed $6.88 million seed funding round, led by Uncork Capital and supported by investors like HF0, Linear Capital, and Sky9 Capital. The company is redefining job searches with its Interview Copilot ,
Company NewsWorkday to Roll Out TechWolf's AI-Powered Skills Intelligence Across its Workforce, Making it Easier for Employees to Drive their Career Growth
Workday has announced the integration of TechWolf ’s AI-powered skills intelligence into its global workforce, benefiting over 20,400 employees. This partnership aims to enhance Workday’s existing skills framework by automating skills ident
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