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.

The coronavirus is forcing more employers to accommodate remote work as families scramble to juggle working from home while schools are closed and older relatives need attention. Already, the HR tech world is seeing changes. Across the U.S., state and local governments declared states of emergency, closed public gathering places...
Our weekly roundup of deals, product announcements and other HR technology news. Oracle said its Fusion HCM business grew 27 percent during its fiscal 2020 third quarter. Meanwhile, its Cloud HCM products are seeing strong growth as part of the company’s cloud ERP suite. Overall, the company reported a 4 percent...
Updated While HR technology providers adjust their operations to address concerns related to the coronavirus, several industry conferences are going ahead. Meanwhile, the first questions are being posed about COVID-19’s long-term impact on the industry. Thus far, cutbacks in travel and commuting have been felt most keenly by hard-to-quantify disruptions...
Workday CEO Aneel Bhusri believes Oracle has been too slow to move to the cloud with its HCM solutions, and that its tardiness has come at a price. “As it relates to all of our legacy competitors, they were slow to move to the cloud,” Bhusri said during Workday’s fourth-quarter earnings call....
Developers of gig platforms are pursuing strategies that combine the finding and hiring of talent with solutions tailored to specific industries or business needs. Sometimes working with established HR tech businesses, these companies have either trained their sights on narrow verticals, such as media and healthcare, or are creating solutions intended to...
Our weekly roundup of deals, product announcements and other HR technology news. Cornerstone OnDemand led a $15 million Series B funding round in Talespin, and announced an ongoing partnership with the company to provide extended reality training solutions to customers. Through the partnership, the firms will develop technology and products, Talespin’s VR learning content...
While the wider technology industry has reported cutbacks in travel, event cancellations and mandates for employees to work from home, the coronavirus’s impact on the HCM technology space is still developing. So far, it seems, vendors face the most exposure from disruptions to their sales pipelines as a number of industry events...
Signs that the labor market may be softening hasn’t eased employers’ worries about finding skilled workers, then keeping them once they do. One reason, according to The Wall Street Journal, is employees have figured out that remaining in place may not be in their best interests. There’s “relatively little value associated with...
Twelve days after announcing its imminent merger with Kronos Inc., Ultimate Software kicked off its 2020 users conference with a concerted effort to assure customers any resulting changes would be good changes. “I believe with everything in me that this is a merger like no other,” Kronos CEO Aron Ain, who will lead...
Our weekly roundup of deals, product announcements and other HR technology news. The most effective job-hunting resource for cartoonists and animators is a free shared spreadsheet compiled by illustrator Chris Mayne, says the industry web site Cartoon Brew. Since the beginning of 2020, Mayne’s added 1,500 jobs to the sheet...