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. Xoxoday partnered with Workato, an automation and integration platform, to create hyper-personalized automated employee and customer rewards and recognition programs for its clients. With the addition of Workato's iPaaS capabilities, Xoxoday will be able to integrate its...
Fiverr introduced Fiverr Enterprise, formerly Stoke Talent, which the company acquired in 2021. The move comes as Stoke Talent is being integrated into Fiverr, and as the company continues to expand its solutions upmarket in a drive to bring larger brands into Fiverr’s suite of products. Fiverr said the Enterprise product...
HireVue has acquired hiring platform Modern Hire, a move that it said will streamline employers’ use of both products for assessment, interviewing and end-to-end hiring automation. HireVue also said the transaction will “accelerate” its ability to “help all organizations identify employee and candidate potential beyond resumes.” “The acquisition of Modern...
As the future of work continues to evolve, we asked business leaders and executives to share their thoughts on whether hybrid work is here to stay at their companies. From the flexibility and cost-savings driving hybrid work to the multiple advantages it offers, discover the reasons behind their decisions...
Salesforce announced Slack GPT, a new conversational AI experience natively integrated into Slack. According to the company, the offering will include the ability to use generative AI app integrations and different language models. In addition, it will work with Einstein GPT to help organizations “tap into” employee knowledge and...
Learning company Go1 acquired Blinkist, a mobile-first learning app that summarizes key ideas from professional books and podcasts. The company says the acquisition will be the foundation of a “new model of corporate learning” that will seek “engage learners throughout their day-to-day lives.” Go1’s roots are in its work as...
A majority of enterprises see cost savings from HR technology transformations, but fewer than half can demonstrate clear business value from their investments. According to Information Services Group’s 2023 ISG Survey on Industry Trends in HR Technology and Service Delivery, 87% of large businesses are achieving savings of 10% or...
Employee experience platform Simpplr secured $70 million in Series D funding. The investment was led by Sapphire Ventures with participation from existing investor Norwest Venture Partners. Simpplr says it’s benefitting from the trend of companies deciding the complexities of work and life require “radically different” ways to connect, engage and...
Technology and professional power skills saw the biggest increase in course consumption during the first quarter of 2023, according to the learning company Udemy. The figures appeared in its Q1 2023 Workplace Learning Index, a quarterly report that highlights skills that are growing in demand among professionals. Analyzing data from...
True, a platform of talent management products and services, will acquire Jopwell, which focuses its hiring tools on Black, Latinx and Native American students, as well as early-to-mid-career professionals. The companies said Jopwell complements the executive-level recruitment focus of True Search and its sister organization, AboveBoard. True says the acquisition...