Calian revenue up 5% in fiscal Q1 on growth in business and tech services division

Calian Group Ltd. (TSX: CGY) reported revenue rose 4.9% in its fiscal first quarter ended Dec. 31. Revenue growth came in the company’s business segment that includes staffing.

Online job ads index edges up, labor market slowdown unlikely

The Conference Board’s Experimental Help Wanted OnLine Index edged up to a reading of 102.0 in January from a reading of 101.6 in December. The Conference Board in December revised its report on online job ads to reflect a new methodology and universe of online job advertisements....

Riviera Partners acquires tech executive search firm in New York

Riviera Partners, a retained search firm for engineering, product management and design leadership, acquired Bamboo Talent, a New York-based search firm that places technical talent in venture-backed businesses. Bamboo Talent’s clients include Etsy, Goldman Sachs and others.

The transaction closed Jan....

Companies hiring for skill sets, not open roles: Korn Ferry

Companies are hiring on the basis of skills versus open positions, according to a survey released by executive search firm Korn Ferry (NYSE: KFY).

Of the talent acquisition professionals surveyed, 57% have hired for a specific skill set even if even if they didn’t yet have a defined role for that candidate....

Skills shortage tightens job market, 83% report recruiting difficulty: SHRM

The skills gap is widening and tightening the job market, according to the Society for Human Resource Management’s 2019 State of the Workplace report released today.

According to one survey used in the report, 52% of HR professionals said that the skills gap has worsened or greatly worsened in...

Authorities arrest owner of New Jersey IT staffing firm on suspicion of H-1B visa fraud

The owner of a Somerset, NJ-based IT staffing and consulting company was arrested Tuesday on suspicion of submitting 11 fraudulent H-1B visa applications as well as fraudulently procuring his own citizenship, according to an announcement by the US Attorney’s Office for the District of New Jersey.

Neeraj...

From automation to skills shortages: How eight trends will impact staffing industry this year

Trends from automation to the ongoing skills shortage and from the global economy to legislation are affecting staffing firms. Staffing Industry Analysts outlined them in a report last year, but now takes a new look at how these trends will shape up this year in a report released on Monday.

Here is some...

Hedge fund drops offer to acquire parent of Dice.com

Hedge fund TCS Capital Management LLC has decided not to pursue a possible acquisition of DHI Group Inc. (NYSE: DHX), which operates Dice.com and other job boards.

TCS in August offered a buyout of DHI Group and threatened a proxy battle. The hedge fund in May had acquired a large stake in DHI Group.

According...

Investor group to acquire Ultimate Software in $11 billion deal

Ultimate Software (NASD: ULTI), a developer of cloud-based human capital management and employee experience software, agreed to be acquired by an investor group led by private equity investment firm Hellman & Friedman. The investor group also includes Blackstone Group LP, GIC Pte Ltd, Canada Pension...

79% of staffing firms expect revenue to increase this year: Bullhorn

A new report by staffing software supplier Bullhorn found 79% of staffing and recruiting firms globally expect revenue to increase this year despite persistent concerns and challenges related to tight talent pools candidate-driven market and economic conditions, and macroeconomics and politics.

Looking...