Industry News

Coverage of business deals, partnerships, new products, people moves, marketing strategies, regulatory issues and other developments that HCM solutions providers, HR leaders, financial executives and investors need to know.

Our weekly roundup of deals, product announcements and other HR technology news. Listen to a roundup of our podcast. Private equity firm TA Associates will make an investment in iCIMS along with existing investor Vista Equity Partners. The company said Vista and TA will maintain equal economic interests in iCIMS and...
It’s been a banner year for eLearning Brothers as the company announces its third acquisition of 2022 -- CoreAxis, which provides creative solutions in training design, development and on-demand learning. The company also changed its name to ELB Learning. CoreAxis is known in the recruiting space as a leader in providing...
Some 53% of American Gen Z and Millennial employees say they're likely to quit their jobs this year. Globally, 43% of said they’re likely to quit sometime in the next 12 months, according to EY’s 2022 Work Reimagined Survey. They're looking for better pay, better career opportunities and flexibility in a...
Employers are rethinking their approach to the workforce and work itself as they face ongoing challenges in recruiting, hiring and employee retention. Nearly three-quarters of HR professionals, 73%, expect hiring to become more challenging over the next 12 months, according to “Workforce and Learning Trends,” a yearly report from...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Oyster raised $150 million in Series C funding and reached more than $1 billion in valuation.  The company’s now achieved unicorn status, less than two years after its launch. The investment also...
Employee experience firm Kazoo acquired WorkTango, a Toronto-based survey and people analytics firm. With the acquisition, Kazoo said, it becomes the first vendor to offer a full suite of employee listening, recognition and rewards, and performance management capabilities in one platform. The acquisition expands Kazoo’s capabilities by adding WorkTango's employee...
beqom received a $300 million investment from Sumeru Equity Partners. The funding will be used for growth in product innovation, and to allow better support of compensation and HR leaders worldwide, the company said. Sumeru Managing Director Mark Haller said he looked forward to working with beqom to “accelerate innovation...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Employee experience platform Kazoo acquired WorkTango, an employee-experience survey and people analytics company. With this acquisition, Kazoo said it will be the only solution available with a full suite of employee listening,...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Billions of dollars poured into the high-end recruiting sector in 2021, the result of pent-up demand for executives and their key reports. Hunt Scanlon Media said 48 of the 50 largest U.S....
Almost three-quarters of managers, some 73%, believe productivity and engagement have either improved or stayed the same as more employees moved to remote work. Still, 60% either agree or strongly agree that a full-time return to the office will take place in the near future. On top of that,...

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