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.

Good candidates are hard to find and the expenses involved in talent acquisition are growing. That's leading more employers to turn to internal mobility when their recruiting efforts don’t bear fruit. According to Randstad RiseSmart’s Q2 2021 Career Mobility Outlook report, 92% of employers plan to hire in the next three months,...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. iCIMS filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range...
Job.com acquired two staffing firms: Fortus Healthcare Resources, which provides direct and travel placement of healthcare professionals; and Endevis, which offers permanent recruitment services, contract staffing and recruitment process outsourcing to the automotive, commercial and manufacturing sectors. Together, the two businesses will add more than $50 million of annual revenue to Job.com’s...
Workforce management platform PRO Unlimited will acquire Workforce Logiq at some point later this year. The company said the transaction will combine two organizations that share a common approach to solving their clients’ contingent workforce management needs through the use of a holistic platform. In addition, it will expand...
UKG reported a 20% year-on-year revenue increase of $811 million during the company’s fiscal third quarter, ending June 30, 2121. Subscription revenue grew 20% during the period, while earnings before interest, tax, depreciation and amortization (EBITDA) excluding float grew to $208 million compared to last year’s period. “We are excited...
SAP has purchased the intellectual property of SwoopTalent, a data intelligence firm, with an eye toward embedding its data and machine learning technology into SAP SuccessFactors and advancing SAP’s vision of human experience management.    “Delivering individualization at scale requires a sophisticated, powerful data platform that extends across multiple systems,”...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Paylocity announced continued growth of its Modern Workforce Solutions, which include features such as Community, Premium Video, Surveys, Learning Management and the recently launched Modern Workforce Index. In the fiscal year ending...
Mark Feffer: Welcome to People Tech the podcast of the HCM technology report. I'm mark Feffer. My guest today is William Tincup. He's the president and editor at large for recruiting daily. He's also a well-known annalist advisor and speaker in the world of talent acquisition, HR and technology....
Workday named Google Cloud as a preferred cloud partner across core industries including healthcare, financial services and retail. The company said Google Cloud will help businesses run Workday enterprise applications for finance, HR and planning in a public cloud environment. Workday believes businesses must adopt digital strategies that help improve...
The great majority of HR practitioners believe AI will make even further inroads into their practices over the next five years. According to Eightfold AI’s HR Future State 2021 report, nearly 82% of the practitioners surveyed think HR teams will incorporate more AI tools into their talent management processes during...