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INSPYR deal brings together two of larger IT staffing firms
February 16, 2024Inspyr Solutions acquired IT staffing provider Advantis Global in a deal announced Feb. 13. Advantis Global ranks as the 62nd-largest IT staffing firm in the US with more than $100 million in revenue, according to SIA data. It also ranks among the fastest-growing US staffing firms.
“This acquisition...
HireRight acquisition to proceed, will close mid-2024
February 16, 2024HireRight, a global provider of background screening services and workforce solutions headquartered in Nashville, Tennessee, announced it is set to be acquired by investment funds affiliated with General Atlantic and Stone Point Capital in a deal valued at approximately $1.65 billion. The transaction...
MSP Enterforce rebrands to Panther Workforce Solutions
February 16, 2024Enterforce Inc., a Kenosha, Wisconsin-based managed services provider is rebranding to Panther Workforce Solutions.
“The rebranding of Enterforce Inc. to Panther Workforce Solutions is a significant step forward for our organization,” Panther Workforce Solutions’ CEO Sean Cogdell said in a press...
People on the move: ManpowerGroup, Lexitas, Rippling, TurnkeyZRG, Jackson, Swoon, Barton, Vaco, TalentNeuron
February 16, 2024ManpowerGroup Inc. (NYSE: MAN) reported William Downe plans to retire from its board and will not stand for reelection when his term expires at the annual meeting of shareholders in 2024. Downe has served on the board since 2011 and as lead director from 2017 to 2023. He formerly served as CEO at...
No Staffing Industry Daily News on Monday
February 16, 2024The Staffing Industry Daily News will not be published in the Americas on Monday, Feb. 19, because of the Presidents’ Day holiday. The next Daily News will be on Feb. 20. Have a great holiday!
Kelly’s education business is bright spot in challenging Q4
February 15, 2024The uncertain economy continued to affect demand for staffing in the fourth quarter, Kelly Services Inc. (KELYA, KELYB) reported today. Fourth-quarter revenue fell 1.3% in constant currency at the Troy, Michigan-headquartered staffing giant. However, Kelly’s education staffing business was a bright...
Upwork Q4 revenue up as number of active clients reaches high
February 15, 2024Upwork Inc. (NASDAQ: UPWK), the world’s largest talent platform, recorded revenue growth in the fourth quarter and the number of active clients reaching an all-time high.
“Our business is flexible and resilient, as the skilled talent on Upwork are a critical resource to businesses small and large,”...
UK recruiter Salt expands global footprint with Zelo deal
February 15, 2024Salt, a London-based global recruitment firm, acquired Zelo Digital, a recruitment firm focused on digital advertising also based in London. The deal closed at the beginning of February.
The acquisition, effective immediately, aims to expand Salt’s presence across the US, Europe and Asia Pacific regions...
Employee and job-seeker confidence surges, Vaco reports
February 15, 2024Employee and job-seekers’ confidence in their ability to secure and retain employment surged this quarter, according to a report by Vaco, a global staffing firm.
The first-quarter Vaco Talent Pulse Report found that 73% of job seekers and employees are currently confident in their ability to get and...
Gen Z most worried about AI skills
February 15, 2024Gen Z workers were the generation most concerned about someone with better AI coming along and taking their jobs, according to a survey of US workers by D2L, a global learning technology company.
More than half of Gen Z respondents, 52%, said they felt worried someone with better AI skills could replace...