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Workday Announces Workforce Reduction of 1,750 Employees to Optimize Operations
Workday (NASDAQ:WDAY) is cutting 1,750 jobs, representing about 8.5% of its workforce, as part of a broader initiative to improve operational efficiency and refocus on core business areas. Despite the layoffs, Workday plans to continue hiring in strategic areas while exiting certain owned office spa
Feb 5, 2025
Company News
Dayforce Reports $1.76B in Revenue for 2024, Driving HR Tech Growth
Dayforce, a leading human capital management (HCM) technology provider, reported strong financial results for Q4 and FY 2024, with total revenue reaching $1.76 billion (up 16.3% YoY) and recurring revenue climbing to $1.34 billion (up 20.6% YoY). The company maintained a 98% gross revenue retention
Feb 5, 2025
Company News
ASGN Incorporated to Acquire TopBloc, A Preferred Workday Services Partner
ASGN Incorporated (NYSE: ASGN), a leading IT services provider, has announced its acquisition of TopBloc, a high-growth Workday consultancy, for $340 million in cash and equity. This move positions ASGN as a key player in the expanding Workday ecosystem, addressing the increasing demand for enterpri
Feb 5, 2025
Company News
Nationally Acclaimed Government Organization Creates Flexible, Empowering Workforce Experience with UKG
Western DuPage Special Recreation Association (WDSRA), a government organization offering inclusive programs for individuals with special needs, has implemented the UKG Ready suite to streamline HR, payroll, and workforce management. By adopting UKG, WDSRA has enhanced hiring, onboarding, and compli
Feb 5, 2025
Company News
Deel Secures New Investors in $300M Secondary Share Sale, Achieves $800M Run-Rate
Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a secondary market transaction, reflecting strong investor confi
Feb 4, 2025
Company News
Kforce 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 to $2.68, a 14.4% decrease YoY. The firm’s operating margins
Feb 3, 2025
Company News
Coursera 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 turnaround. Key growth drivers included the expansion of AI and p
Jan 30, 2025
Company News
ManpowerGroup Reports 4th Quarter 2024 Results
ManpowerGroup (NYSE: MAN) reported Q4 2024 revenues of $4.4 billion, marking a 5% YoY decline (-3% in constant currency). The company recorded net earnings of $22.5 million, or $0.47 per diluted share, reversing a $84.5 million net loss in Q4 2023. Excluding restructuring and other charges, adjusted
Jan 30, 2025
Company News
Workday 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 identification from platforms like Salesforce and Jira. Empl
Jan 29, 2025
Company News
15Five Acquires Kona, the AI-Powered Manager Effectiveness Coach for Remote Managers
15Five, a performance management platform, has acquired Kona, an AI-powered manager coaching tool designed for remote work environments. The acquisition strengthens 15Five's position as a leader in addressing manager skill gaps and improving business outcomes by integrating AI-driven solutions direc
Jan 28, 2025
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