Cognizant revenue down 2.4% in Q4, with declines across geographies

IT services giant Cognizant Technology Solutions Corp. (NASDAQ: CTSH) reported fourth-quarter revenue fell 2.4% in constant currency, with revenue declining across geographies. The company announced earnings Feb. 6.

The number of employees at Cognizant fell by 7,600 year over year in the fourth quarter...

Mastech Q4 revenue falls in IT staffing and services

Fourth-quarter revenue at Mastech Digital Inc. (NYSEAMERICAN: MHH) fell 19.5% year over year to $46.1 million. Both Mastech’s IT staffing business and data and analytics services operations saw revenue fall. Gross margin narrowed at the Pittsburgh-based firm.

“Challenging economic conditions weighed...

Majority of nurses worry about profession’s state: IntelyCare

Amid understaffed floors, routine overtime calls and compromised care quality, nearly 83% of nursing professionals are concerned about the profession’s state, according to a report released today by nurse staffing firm IntelyCare. The report cited a few reasons:

• Considering a career shift. Nearly...

AESC announces new board and council leadership

The Association of Executive Search and Leadership Consultants today announced its 2024 board and council leadership, led by Julian Ha, who became AESC’s global chair at the association’s annual meeting in London. Ha previously held the vice chair position and is also a partner and leader of the...

Healthcare staffing firm to pay $181,531 in alleged misclassification

A healthcare staffing firm and its owner must pay $181,531 after misclassifying nurses as independent contractors, the US Department of Labor announced Feb. 5.

Reliance Staffing LLC and owner Fahim Uddin allegedly misclassified 70 registered nurses, licensed practical nurses and certified nursing assistants...

Baltimore posts lowest jobless rate in December

The Baltimore-Columbia-Towson area of Maryland posted the lowest jobless rate among the 51 largest US metro areas in December 2023 at 2.0%, according to data released Feb. 6 by the US Bureau of Labor Statistics.

On the flip side, the Las Vegas-Henderson-Paradise area in Nevada posted the highest rate...

Kforce Q4 revenue down 13.4%; says tech revenue expected to decline in Q1

Professional staffing firm Kforce Inc. (NASDAQ: KFRC) reported fourth-quarter revenue fell 13.4% year over year to $363.4 million and was just above midpoint of guidance. 2023 was more challenging than expected, President and CEO Joe Liberatore said in a press release. However, the Tampa, Florida-based...

Median cost per click for job ads falls in 2023, Appcast finds

The number of clicks and applies per job posting rose in 2023, but the median cost per click fell, according to an analysis by Appcast, a provider of programmatic job advertising.

It found the median cost per click for a job ad fell to a new low of 85 cents at the end of 2023 compared to $1.07 in 2022...

Fewer workers planning to switch jobs: Robert Half

Fewer workers are planning to switch jobs, according to a study released today by Robert Half Inc. (NYSE: RHI). Only 36% of US workers plan to seek a new job in the next six months, down from 49% when asked in July 2023.

Why are more workers staying? The top reason was their current job offers a level...

Temp hours rise in week of Jan. 27: SIA | Bullhorn Staffing Indicator

US temp staffing hours rose 4.0% in the week ended Jan. 27 compared to the previous week, but they were down 15% year over year, according to the latest SIA | Bullhorn Staffing Indicator report.