Daily News
Infosys revenue up 6%, outlook pared for fiscal year
January 17, 2017Infosys’ (NYSE: INFY) revenue rose 6.0% year over year to $2.55 billion in US dollars in its fiscal third quarter ended Dec. 31. The increase was 7.3% in constant currency. Net profit also rose at the global IT services and outsourcing provider.
However, the company again revised its consolidated revenue...
ADP acquires The Marcus Buckingham Company
January 17, 2017Automatic Data Processing Inc. (NASD: ADP) acquired The Marcus Buckingham Company, a human capital management company. The deal brings ADP clients a more scientific approach to employee engagement and performance.
TMBC’s cloud-based performance and talent management solution, StandOut, couples applications...
iWorkGlobal, Nelson Compliance merge
January 17, 2017iWorkGlobal expanded its offerings to include both domestic and international services in a merger with Nelson Compliance, effective this month. Both firms provide a comprehensive suite of compliance and international workforce solutions.
Previously, iWorkGlobal and Nelson Compliance worked jointly, but...
HCL Technologies acquires Butler America Aerospace
January 17, 2017HCL Technologies, one of India’s largest IT providers, acquired Butler America Aerospace for $85 million. The transaction closed Jan. 3.
Butler Aerospace has seven design centers and more than 900 engineers in the US. It provides engineering and design services in the areas of mechanical and structural...
Tech CEO: Industry needs to ‘step it up’ — Staffing quote of the week
January 17, 2017“We have been beneficiaries, as an industry, of doing things cheaper than others at the same quality, and I think that that's no longer enough, Infosys CEO Vishal Sikka said in a Q&A with CNBC. “That with automation, with the need for innovation that businesses around the world have, we really...
Temp worker attacks hiring manager with meat cleaver (WFLA)
January 17, 2017A temporary worker at a Winter Haven, Fla., restaurant was charged with attempted murder after deputies say he attacked the restaurant owner with a meat cleaver, WFLA reports. According to the report, the attack happened after the restaurant owner requested the worker’s identification in order to convert...
Temp Holdings invests in online staffing firm Wonolo
January 13, 2017Online staffing firm Wonolo received an investment from Tokyo-based Temp Holdings Co. Ltd., the ninth-largest staffing firm in the world.
Wonolo operated in the “just-in-time” staffing segment of online staffing firms where buyer can order, pay and manage workers online while the workers perform tasks...
eTeam acquires London-based Dryden Human Capital
January 13, 2017eTeam Inc., a US-based staffing services and talent management solutions provider, acquired Dryden Human Capital, the parent company of Darwin Rhodes. The acquisition gives eTeam access to new global markets and increases its market share in London and the US.
The transaction closed Jan. 6; terms were...
Catalant names former Salesforce exec as CRO
January 13, 2017Catalant, a Boston-based online staffing platform, announced Dave Walsh joined the company as its first chief revenue officer, effective last Monday. Walsh, who previously served as an advisor to Catalant, will be responsible for driving the company’s go-to-market strategy within companies and across...
People: Yoh, Oasis Outsourcing, Advanced Clinical, Korn Ferry and more
January 13, 2017Yoh, announced Emmett McGrath re-joined the company as executive VP effective Jan. 9. He reports directly to Yoh President Anthony Bosco. During the late ’80s through the early 2000s, McGrath worked for Yoh in various leadership positions. Prior to re-joining Yoh, he was division president of On Assignment...