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HireRight Embarks on a New Chapter: $1.65 Billion Acquisition by Leading Investment Giants
HireRight Holdings Corporation, a leader in global background screening services and workforce solutions, has announced its acquisition by investment funds affiliated with General Atlantic and Stone Point Capital. This strategic move, valued at approximately $1.65 billion, promises to deliver a sign
Feb 16, 2024
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TriNet Triumphs in Fiscal 2023: Hits $4.9 Billion Revenue and Launches Quarterly Dividend
TriNet Group, Inc., a leading provider of comprehensive human capital management solutions for SMBs, reported a 2% increase in total revenues to $1.2 billion for Q4 2023 and a 1% rise to $4.9 billion for the fiscal year. Earnings per share surged by 68% in Q4 and 17% annually, with adjusted earnings
Feb 15, 2024
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TriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO
TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful IPO and strategic acquisitions. Simonds, with extensive expe
Feb 15, 2024
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Boost Employee Happiness with AI: BambooHR Unveils Cutting-Edge eNPS Insights
BambooHR introduces an innovative AI-powered feature to its cloud-based HR platform, aiming to revolutionize how companies gauge and improve employee satisfaction. The new AI Topic Summaries for eNPS enable efficient analysis of employee feedback, providing detailed reports that categorize sentiment
Feb 15, 2024
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Job Mobz Announces Hiring Matt Charney as New Editor-in-Chief
Job Mobz, a prominent global recruitment firm, has recently announced the appointment of Matt Charney as Editor-in-Chief following its acquisition of Recruiter.com. This strategic move aims to reinvest in and reposition Recruiter.com as an independent media destination and content platform for the t
Feb 15, 2024
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SourceNow announces the launch of SourceNow VMS: The Evolutionary Breakthrough Transforming Temporary Staff Management
SourceNow has launched a groundbreaking Vendor Management System (VMS), SourceNow VMS, designed to revolutionize temporary staff management. This comprehensive ecosystem aims to address the challenges of traditional temporary staffing methods by offering enhanced efficiency, transparency, and flexib
Feb 15, 2024
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Upwork Reports Fourth Quarter and Full Year 2023 Financial Results
Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA of $30.5 million. For the full year, revenue increased by 11
Feb 14, 2024
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LMS365 and Go1 Forge Strategic Partnership to Deliver a Diverse, World-Class Workplace Learning Experience Facilitating Upskilling and Reskilling Across the Workforce
LMS365, a leading AI-powered learning platform integrated with Microsoft 365 and Teams, has announced a strategic partnership with Go1, the world's largest online learning library. This collaboration introduces a powerful blend of technology and content, providing immediate access to a wide range of
Feb 14, 2024
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Fama Technologies Announces Groundbreaking "TikTok Screening" Feature in its Modern Candidate Screening Solution
Fama Technologies has introduced a groundbreaking "TikTok as a Source" feature for modern candidate screening, leveraging AI to analyze TikTok's publicly available video content. This innovative tool focuses on identifying critical misconduct such as violence, harassment, and fraud, ensuring organiz
Feb 14, 2024
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HiBob Acquires UK Payroll Automation Platform Pento
HiBob announces its strategic acquisition of Pento, a leading UK-based cloud payroll automation platform, marking a significant step towards enhancing its 'all-in-one' modern human capital management offering. This move, aimed at integrating payroll into HiBob's HR platform, Bob, aligns with their v
Feb 13, 2024
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