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ZipRecruiter Resilient Amid Hiring Slowdown with $117.1M Q3 Revenue and Share Repurchase Boost
ZipRecruiter has released its third-quarter 2024 financial results, reporting $117.1 million in revenue but a net loss of $2.6 million. Despite hiring challenges, CEO Ian Siegel reaffirms the company's confidence in the U.S. labor market and notes growing user engagement. The company’s Board appro
Nov 6, 2024
Hiring
TriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges
TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased healthcare costs. Adjusted net income per diluted share fell t
Oct 25, 2024
Hiring
Workstream Launches First All-in-One Payroll Solution for the Hourly Workforce
Workstream has launched an all-in-one payroll solution tailored specifically for businesses that employ hourly workers, such as QSR franchisees and restaurants. This new offering addresses critical needs identified in a survey of 250 HR leaders and business owners, where the majority expressed a des
Sep 30, 2024
Hiring
Workday Global Workforce Report: Job Market Tightens as AI Reshapes Hiring Processes
Workday's Global Workforce Report for the first half of 2024 highlights a notable trend in the labor market: job applications are increasing four times faster than job openings, creating a competitive landscape for job seekers. Despite this growth, organizations are struggling to retain top talent,
Sep 10, 2024
Hiring
Sense Launches Career Site Solution to Help Companies Improve Candidate Experience
Sense, a leader in AI-driven talent engagement solutions, has launched a new Career Sites product designed to enhance the hiring process, elevate employer branding, and improve the candidate experience. The platform allows companies to build career sites that are consistent with their brand, easy to
Aug 22, 2024
Hiring
Sprockets Expands Workforce Solutions with HourWork Acquisition: A New Era for Hourly Worker
Sprockets, an AI-powered hiring solution, has acquired HourWork, a leading platform specializing in post-hire engagement and retention. This acquisition aims to enhance Sprockets' product offerings, covering every stage of the employment journey—from recruitment to exit interviews. By integrating
Aug 13, 2024
Hiring
Defense Intelligence Agency (DIA) Selects Workday to Accelerate its Human Resources Modernization Efforts
Workday has announced that the Defense Intelligence Agency (DIA) has selected Workday Government Cloud to modernize its human resources processes, marking Workday's entry into the U.S. Intelligence Community. This partnership, supported by Groundswell, aims to enhance recruitment, onboarding, and em
May 23, 2024
Hiring
Fountain Launches New AI Products to Help Customers Manage Frontline Workforce
Fountain, the leading platform for frontline workforce management, has introduced four new products: Fountain Assist, Fountain I-9 Center, Fountain Reach, and Fountain Communicate. These tools are designed to enhance hiring, onboarding, and engagement processes for frontline workers. Utilizing AI an
May 15, 2024
Hiring
ChangeEngine Secures $10 Million Series A Funding To Bring AI-Powered CX Innovation To The Employee Experience
ChangeEngine, a platform uniting Marketing & People teams, announced a $10 million Series A funding led by Threshold Ventures, Struck Capital, and Bonfire Ventures. The investment will enhance hiring, innovate the platform with advanced analytics and AI tools, and improve employee communic
May 8, 2024
Hiring
Veremark secures $3 million to expand global background screening capabilities
Veremark, a global leader in background screening, has secured $3 million in a Pre-Series B funding round to enhance technology and expand client acquisition. The company addresses a critical need for compliant hiring practices in a $8bn market. Veremark has extended its APAC presence and innovated
Apr 11, 2024
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