Business

As technology advances, so does the opportunity for vendors to serve business of all sizes. But HCM technology is constantly changing as new companies emerge, old vendors plan for market changes and new generations of employees demand more from their tools. Here’s our coverage.

Our weekly roundup of deals, product announcements and other HR technology news. PeopleFluent announced availability of its next-generation enterprise recruiting solution. PeopleFluent Recruitment offers syndication, SMS capabilities, and CRM and nurture campaigns. There’s also an onboarding module, scheduling tools, and e-signature capabilities, and both live and on-demand video interviewing. Salesforce’s Work.com...
Social learning platform Degreed raised $32 million in a new funding round led by Owl Ventures. The company attributed the influx to rising demand for training and educational solutions. The investment brings Degreed’s total funding to $182 million. “We’ve seen a tremendous surge in client demand for our career mobility product,”...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to an audio version of this report. Workday is expanding operations into Mexico and named Guillermo Reynoso as the country manager. The company said service partners are available to assist with local deployments. Already, some 350 organizations are...
Our weekly roundup of deals, product announcements and other HR technology news. Paycards are becoming more popular among employers as the pandemic continues, Laura Valdespino, ADP’s director of compliance solutions, told the web site PYMNTS. However, she said, the process runs into “friction” as businesses transition away from physical-check processes:...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to our weekly news roundup. Challenges around cost, access, logistics and privacy are preventing many employers from implementing plans to test employees for COVID-19, reports Bloomberg. In addition, some executives note that testing covers only “a moment in...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to this week's news roundup podcast. ServiceNow and Deloitte extended their strategic alliance to help customers accelerate HR service delivery. The companies will conduct joint go-to-market activities to support ServiceNow’s solution through global sales and training activities. Deloitte...
Investment activity in the HR technology space continued at a consistent pace during 2020’s second quarter, despite concerns that the COVID-19 pandemic would act as a brake. According to HRWins’ Q2 2020 HR Tech Global VC Update, venture capital investment in HR tech increased more than 14% from the...
Jobvite acquired the AI and data science team of Predictive Partner, a business-focused data firm based in Indianapolis. Morgan Llewellyn, Predictive Partner’s CEO, will become Jobvite’s chief data scientist. Jobvite CEO Aman Brar said adding data-focused talent is all about increasing the sophistication of the company’s Talent Acquisition Suite. “By...
SocialChorus and Lattice, which stress the ideas of culture and communication in workforce management, though by addressing distinct areas of the equation, each closed a notable funding round. The developments indicate continued investor interest in HR tech, despite the challenges of the COVID-19 pandemic and ongoing recession. Technology investment firm...
LinkedIn will lay off some 960 employees, or about 6% of its workforce, because of faltering demand for its recruitment services. The job cuts will be made across the company’s global sales and talent acquisition teams, the company said. “LinkedIn is not immune to the effects of the global pandemic,”...