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.

Alight acquired ReedGroup, a leave management solutions company from the Guardian Life Insurance Company of America. Terms of the deal were not disclosed. ReedGroup is a data-driven absence management provider that offers outsourcing, co-sourcing, SaaS and clinical guidelines designed to meet the needs of large employers, insurers and healthcare professionals.​ The...
GoCo.io, a provider of flexible software solutions for HR, benefits and payroll, announced a $15 million Series B funding round led by ATX Venture Partners. The round was completed in September, and placed the company's valuation "significantly higher" than its previous round. The latest funding brings the total investment...
Announcer: Welcome to People Tech, the podcast of the HCM technology report. We are recording from HR Tech in Vegas, brought to you by our friends and partners at Fuel 50. Here's your host, Mark. Mark Feffer: This is People Tech, the podcast of the HCM Technology report. I'm Mark Feffer and...
More than two-thirds of businesses planned to increase their IT spending during 2022, putting special emphasis on cybersecurity, cloud applications and artificial intelligence, according to a study conducted by Enterprise Strategy Group. Much of these budget dollars are being spent on solutions that will fill help address challenges with IT...
Our weekly roundup of deals, product announcements and other HR technology news. Shyft Careers, a technology-focused hiring and recruitment agency, unveiled its Shyft dashboard and website. The new offering aims to help growing businesses fill their open positions while reducing time-to-hire. According to the company, the dashboard uses a "deconstructed"...
Workhuman said it plans to expand its operations in Ireland. The company – which provides technology solutions for employee engagement and DEI  – has undertaken the expansion in response to a “growing demand for employee recognition software.”  In part, the move was facilitated by the company's reported growth of 28%...
Sapia.ai, the Australia-based developer of Smart Chat Interviewer, raised $17 million in a Series A round led by Macquaire Capital and Woolworths Group's W23 venture capital arm. In a statement, the developer said the funding will be used to continue its overseas expansion, including offering its product in multiple languages. Macquarie...
Sponsored This year’s Ceridian Insights conference hosted a range of product announcements, including Dayforce Wallet's introduction to the UK, the launch of Ceridian’s Ideal Talent Marketplace and improved analytics throughout the company’s product suite. But as anyone who attends these conferences knows, their value extends beyond the exhibit floor and executive...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Talogy launched a suite of 360-degree feedback solutions. The company combined its existing 360 tools to create a customizable suite that draws from its competency library and the latest technology. The goal...
A wave of layoffs seems to be gathering steam in the technology sector as companies tighten their belts ahead of a widely expected economic downturn. Among the brand names, Amazon is reportedly letting some 10,000 employees go, while Meta plans to dismiss about 11,000. To one degree or another, both...