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ManpowerGroup Reports 1st Quarter 2024 Results
Revenues of $4.4 billion (-7% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in Latin America and Asia-Pacific region Gross profit margin of 17.3% as reported, 17.5% as adjusted. Staffing
Apr 18, 2024
Europe
Elevating Employee Health: Vitrue Health's $4M Boost for Advanced MSK Digital Platforms
Vitrue Health, a London-based digital platform focusing on musculoskeletal (MSK) health for workplaces, has secured $4M in funding, increasing their total to $7M. Led by MC Ventures and Hambro Perks, the investment will fuel expansion in the US and Europe and enhance team growth. The company, spearh
Mar 4, 2024
Europe
A $4.6 Billion Q4 for ManpowerGroup: Balancing Revenue Decline with Strategic Foresight
Revenues of $4.6 billion (-4% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in LATAM and APME Gross profit margin of 17.5%. Staffing margins remained resilient; permanent recruitment trends wer
Jan 30, 2024
Europe
Zvoove acquires Planbition, the leading SaaS workforce management and planning platform for the temporary staffing industry
Zvoove, a prominent European software provider for temporary staffing and cleaning sectors, has acquired Planbition, a leading Dutch cloud-based workforce management solution. Planbition, known for its flexibility, serves top clients worldwide, including Fortune 500 companies. This acquisition, cele
Jan 23, 2024
Europe
Welcome 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 the Jungle's entry into the US market in 2024. Established in
Jan 22, 2024
Europe
Paychex Declares Quarterly Dividend and Authorizes $400 Million Stock Repurchase
ROCHESTER, N.Y. Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, today announced a quarterly dividend of $.89 per share payable February 27, 2024. The dividend is available to shar
Jan 19, 2024
Europe
Remuner, 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 merely three months after the company's launch, signaling
Jan 18, 2024
Europe
Lisbon's Paynest Secures €2M for Pioneering Employee Financial Solutions
Paynest, a Lisbon-based financial wellbeing platform for employees, has recently secured a €2 million seed investment to fuel its European expansion. Led by Lince Capital, with contributions from BlueCrow Capital and others, this investment marks a significant milestone for the company founded in
Dec 13, 2023
Europe
Elatra: Revolutionizing Tech Industry with $200K Funding
Elatra, a California-based digital coaching platform, has secured $200K in funding. Led by CEO Natalia Drogolchuk, the company aims to revolutionize tech business coaching with a focus on enhanced user experience and personalized tools, eyeing global expansion into the Middle East and APAC regions.
Dec 8, 2023
Europe
ContactMonkey secures $55M in Series A funding, led by Updata Partners
ContactMonkey, an innovative internal email communications platform, has recently secured a significant $55 million in Series A funding from Updata Partners. This investment comes at a crucial time when employee engagement is increasingly vital for global enterprises. With a staggering 59% of worker
Dec 7, 2023
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