Our weekly roundup of deals, product announcements and other HR technology news.
Netsuite announced NetSuite MyLearn, a digital learning platform that provides access to live training and on-demand modules in a personalized environment. The offering also has a dashboard that helps users monitor their learning progress and explore recommended content from a course catalog. In addition, it caters to user’s learning preferences by providing content in multiple languages and in various formats, including role-based personalized learning paths, on-demand modules, live interactive webinar training and practice environments.
HR Answerbox, a human resources consultancy, partnered with BambooHR, an HR software provider. The company said the partnership will bring together HR Answerbox’s expertise in providing comprehensive HR services and solutions and BambooHR’s HR technology. The goal is to help small and medium-sized businesses get what they need to automate their operational day-to-day HR tasks.
Indeed has plans to lay off 2,200 employees, or 15% of its workforce, according to media reports. “The cuts come from nearly every team, function, level and region” of the company, CEO Chris Hyams said in a memo to workers, reported CNN. Indeed decided to make the cuts after estimating that the job market will continue to lose steam and that job listings will decline during fiscal years 2023 and 2024.
Magnit, an integrated workforce management platform provider, announced an integration with ServiceNow. The solution combines ServiceNow’s HR Service Delivery and Enterprise Onboarding capabilities with Magnit’s best-in-class contingent workforce management capabilities and vendor management system, offering a comprehensive view of workforces in a single solution. The integration will simplify and enhance contingent worker experiences, including onboarding, for joint customers.
CoachHub, a digital coaching platform, unveiled CoachHub Insights, an analytics dashboard to help companies gain insights into the impact of their coaching programs. According to the company, the product provides users with a holistic view, including how participants interact with the platform and make progress in the areas of focus for their organization.
Sterling acquired A-Check Global, a global workforce management, employment and procurement solutions company. According to the company, the deal will expand Sterling’s presence in key U.S. verticals, including Healthcare, Industrials and TechMedia.
Talent assessment platform Plum announced that Greggory Moran has joined the company as senior director of partnerships. His most recent position was at PandoLogic.
Last Week’s Top News
As HR Becomes More Complex, HR Tech Stack Becomes More Critical
Investment in a company’s HR technology stack will become increasingly business critical in 2023 as people teams navigate today’s economic climate. Read More.
Hireology Incorporates ChatGPT into Platform
Hireology announced an AI-powered recruiting assistant, called Beaker. The tool can generate job descriptions in a matter of seconds, the company said, empowering employers to attract the right candidates more quickly for their open positions. Read More.
Fountain Launches Conversational AI Solution
High volume ATS provider Fountain added conversational AI feature, Fountain AI, to its product suite. The feature helps recruiters to screen and qualify candidates efficiently and automates manual processes. Read More.
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