China-based human cloud firm Didi Chuxing raises $5.5 billion (CNBC)

CNBC reports Chinese ride-hailing giant Didi Chuxing — the company that bought Uber’s China business last year — closed a $5.5 billion funding round, valuing the company at more than $50 billion, making it one of the world’s most valuable private technology companies. Didi said the round will...

On Assignment revenue up 8%

On Assignment Inc. (NYSE: ASGN) reported revenue rose 7.6% in the first quarter. The Calabasas, Calif.-based firm reported revenue rose 11.4% in its Apex division but fell 3.3% in its Oxford division.

On Assignment ranks as the 10th-largest US staffing firm with top segments served including IT and life...

BG Staffing revenue falls in Q1, but gross margin and net income rise

BG Staffing Inc. (NYSE MKT: BGSF) reported revenue fell 4.5% in the first quarter to $56.8 million. However, net income and gross margin improved at the Plano, Texas-based staffing provider.

MDI Group names new CFO

IT staffing provider MDI Group announced Frank Turner took over the role of CFO effective April 24, replacing Rick Hayslip, who is retiring from the organization.

Turner has 25 years of experience in the financial field and most recently was controller/CFO for legal firm Hall Booth Smith. Previously,...

H-1B visa reform could make talent less available, survey says

Feeling the pressure from an already tight talent labor market, IT leaders expect the Trump administration’s executive order to reform H-1B visas makes skilled talent even less available and more costly, according to a new Harvey Nash Pulse Report.

The survey of senior IT executives in the US found...

Candidates armed with more details about future employers than ever, survey finds

The balance of power is shifting from employer to candidate as today’s job seekers have more information than ever about a company and a position at early stages of the job search process, according to The Rise of the Well-Informed Candidate report released today by RPO provider ManpowerGroup Solutions....

Jobless claims average edges down, but initial claims up 14,000

The US four-week moving average of initial claims for unemployment insurance fell to 242,250 last week, down 500 from the previous week’s average, according to seasonally adjusted numbers released today by the US Department of Labor. The previous week’s average was revised downward by 250.

The four-week...

Small business slow to embrace freelancers, report says (Business News Daily)

Small business owners are slow to embrace freelancers and independent contractors, according to an article in Business News Daily citing a survey by small-business marketing firm Manta. Large companies, on the other hand, are definitely moving toward contract workers, according to the report.

Get off the treadmill: Avoid the typical sales pitch (CWS 3.0)

People are an extremely important part of the bid process and without the right people to execute the service delivery, then even the best technology and the world’s most unbelievable processes are doomed to failure, writes Peter Reagan in a CWS 3.0 article. However, Reagan argues that when making...

Work Market raises $25 million, Accenture makes minority investment

Freelancer management system provider Work Market Inc. raised $25 million in its latest round of fundraising from Accenture (NYSE: ACN) and Foundry Group, according to a report in the Wall Street Journal.

WorkMarket CEO Stephen DeWitt announced the investment in a blog post.

“The collaboration between...