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Korn/Ferry names CFO

October 12, 2007

Executive search firm Korn/Ferry International Inc. (NYSE: KFY) appointed Stephen Giusto as executive VP and CFO. Giusto has served as CFO at Resources Connection Inc. (NASD: RECN) since 1999 and was a co-founder of that company. Resources Connection provides professionals in accounting and finance,...


Mirabilis winds down operations, Presidion defunct

October 12, 2007

Orlando-based private equity fund Mirabilis Ventures Inc. announced yesterday that it's winding down operations and has divested all its operating assets. Mirabilis was an investor in defunct professional employer organization Presidion Solutions.

Mirabilis "has shut down all operations. It's in collection...


People - Yoh, Korn/Ferry

October 11, 2007

Yoh Services LLC, an information technology staffing company, appointed Pete Ferguson to president of its health and life sciences division. The company also appointed Avi Khilnani to regional president of Yoh's West region and Charlie Jones to president of its East region.  Ferguson has been with the...


Arcadia moves headquarters

October 11, 2007

Arcadia Resources Inc. (AMEX: KAD) said it's relocating its corporate headquarters to Indianapolis from Southfield MI. The move is designed to set the stage for the introduction of its DailyMed program, according to the company, and it said it will hire more than 400 new workers by 2010. DailyMed is...


Unemployment claims fall 12,000

October 11, 2007

In the week ended Oct. 6, the advance figure for seasonally adjusted initial unemployment claims was 308,000, a decrease of 12,000, or 4% from the previous week's revised figure of 320,000. The four-week moving average was 310,250, a decrease of 3,000 from the previous week's revised average of 313,250....


Manpower gets first temp license in China

October 10, 2007

Manpower Inc. (NYSE: MAN) said today it was the first foreign multinational company to receive a temporary staffing business license in China. The company received the license as part of a pilot program by the Shanghai Personnel Bureau. Six Chinese firms also received licenses.

"It's an honor to be...


Arcadia rolls out new brand names

October 10, 2007

Arcadia Resources Inc. (AMEX: KAD) is branding itself Arcadia Healthcare, although it will keep the Arcadia Resources formal name and its ticker symbol. "This brand identity will help provide greater visibility in the marketplace to our innovative healthcare solutions and services, such as pharmacy management,...


August job openings fall 40,000

October 10, 2007

The number of job openings fell 40,000 in August from July to approximately 4.1 million on the last business day of the month, the U.S. Bureau of Labor Statistics reported today. However, the job openings rate was 2.9% in August, unchanged from July.

Accommodations and food services had the highest...


Spherion report - Only 43% of workers satisfied

October 10, 2007

Less than half of U.S. workers, 43%, are satisfied with their jobs, according to the emerging workforce study by Spherion Corp. (NYSE: SFN).

The study also found that employees' and employers' views on retention differ. Of employees, 78% said benefits were among most important in keeping them with a...


People - Heidrick, Vedior, Southern Home Medical, Ciber

October 9, 2007

Heidrick & Struggles International Inc. (NASD: HSII) named Peter Liu as a principal in its industrial and supply chain practice teams in the Asia Pacific. Liu joins Heidrick from Peninsula Knitters, a Hong Kong-based garment manufacturer.

Vedior NV said Remmert Laan will resign from the company's board...