Roundup: Workers Face Job-Hunt Burnout; Ceipal Releases VMS

News Roundup

Our weekly roundup of deals, product announcements and other HR technology news.

Unemployed American workers are experiencing a massive case of job-hunt burnout, according to research from staffing firm Insight Global. More than half of those surveyed, 55% – 66% for Gen Z – said they’re completely burned out from undergoing a lengthy job search process. Meanwhile, recently unemployed full-time workers say they’ve received only four responses to an average of 30 submitted applications.

Talent acquisition platform Ceipal released its VMS, Procurewise, with the hope of “bringing automated sourcing and spend management tools to staffing firms and beyond.” The product helps organizations curate talent, automate candidate engagement and activate their talent supply regardless of source. In addition, the company said Procurewise will give users more visibility into their talent ecosystem.

Sandler and Talogy partnered to help companies measure an individual’s personality characteristics and motivations with scientifically validated assessments to predict on-the-job behaviors and potential. According to the companies, the partnership is designed to reinforce coaching and development best practices and deliver sustainable business results.

Occupop, a provider of recruitment software for SMBs, introduced an AI prompt library. The “ChatGPT Prompt Library for Recruitment” offers more than 100 prompts to help talent acquisition professionals generate and evaluate prompts to address a number of recruitment and HR activities.

Employee success platform Quantum Workplace added Smart Summary to its Narrative Insights text analytics solution. Smart Summary uses generative AI to accelerate and enhance survey comment analysis, all to help organizations get a better sense of employee sentiment.

Gympass raised $85 million in a Series F round, bringing the company’s total valuation to $2.4 billion. The round was led by EQT Growth, with participation from Neuberger Berman on behalf of its client funds.

iCIMS CEO Brian Provost resigned for personal reasons, reported Chad & Cheese. The move was unexpected, and the company said a search is underway for a new CEO.

Visier announced the appointment of Paul Rubenstein as the company’s chief customer officer.

Last Week’s Top News

Datapeople Launches Recruiting Data Analytics Solution

Datapeople launched Datapeople Insights, a recruiting analytics solution that aims to provide data-based insights for talent acquisition teams. The company hopes the product will allow recruiters to better focus their efforts and make more effective hiring decisions by using data. Read More.

New Beamery Features Apply Real-Time Skills Data to Hiring, Workforce Management

Beamery launched new features to help employers understand the skillset required for any given role. Unveiled as Dynamic Job Architecture, the module automatically tracks a company’s skills needs by comparing its hiring to external data, so managers can make more informed hiring and workforce decisions. Read More.

Namely Adds Velocity Global’s Payroll Support Through Partnership

Namely and Velocity Global have teamed up to offer global payroll support capabilities through Namely’s partner program. Read More.

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