Amazon will spend
more than $700 million to upskill a third of its American workforce. The
company said its goal is to help employees move into new jobs—both technical
and non-technical—across nearly all of its operations.
The “Upskilling 2025” effort will create programs for employees of all professional backgrounds, at all of...
15Five, an
early provider of continuous performance management software, closed a $30.7
million Series B round. The investment was led by Next47, a Siemens venture firm,
and brings 15Five’s total capital raised to $42.6 million.
The company will use the money to push its expansion efforts, scale sales and marketing and invest “heavily”...
Our weekly roundup of deals, product announcements and other HR technology news
Despite all the talk about improved performance management systems, just 2 percent of HR leaders world-wide say their existing systems deliver exceptional value, according to Mercer’s 2019 Global Performance Management Study. That’s nearly unchanged from six years ago,...
Our weekly roundup of deals, product announcements and other HR technology news.
Alexander Mann Solutions acquired Karen HR, developers of a “cognitive recruiting assistant” that integrates with existing ATS systems to quickly rank resumes against job openings engage with jobseekers via chat or SMS. AMS said the acquisition extends its...
Social
learning platform Degreed closed a $40 million debt facility with AllianceBernstein
and raised $35 million in equity funding from existing investors Owl Ventures,
Jump Capital, Signal Peak Ventures and GSV Accelerate.
The company said it will use the financing to continue product development, fund international expansion and further develop its capabilities in...
In this
Point of View, Adam Rogers, co-CEO
and chief technology officer at Ultimate Software, shows us how organizations
can use lessons learned by others to put technology to its best use.
In today’s world, every
successful company is a tech company.
It’s become impossible
to separate business strategy from technological innovation. That’s why everyone
from retailers to...
Our weekly roundup of deals, product announcements and other HR technology news.
Employee communications specialists take note: According to PeopleDoc, 60.8 percent of employees ignore emails they receive at work, and 40 percent ignore HR messages specifically. Also worth noting: forty-seven percent say their level of happiness rises as emails...
iCIMS acquired recruiting technology platform Jibe with an eye toward strengthening its offerings in employer branding, candidate engagement and tracking the return on recruiting investments.
Jibe will power iCIMS’ new recruitment marketing solution, Attract, which is available as either part of its core platform or as the front end of...
Our weekly roundup of deals, product announcements and other HR technology news.
The HR analytics market will grow to $3.6 billion by 2024, a CAGR of 13.7 percent, according to researcher MarketsandMarkets. Its report said increasing demand to automate HR processes, scale HR personnel efforts with the aid of advanced...
Our weekly roundup of deals, product announcements and other HR technology news.
Phenom People announced an integration with recruiting productivity tool ZAPinfo. The company said the integration will reduce sourcing time by automating traditionally manual processes of searching, extracting and deepening candidate profiles from sourcing platforms.
Recruiting platform AllyO announced a...