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Company must pay $600,000 for underpaying staffing firm workers

January 4, 2019

A staffing client in Pennsylvania must pay in $598,366 in back wages, damages and penalties after underpaying workers, the US Department of Labor reported Thursday.

The consent judgement involves 556 current and former employees and was against Fox Bindery Inc. and its owner Henry Fox. The company is...


People: Advantage Resourcing, Staffmark, Kincannon & Reed, PrideStaff, Lucas Group and more

January 4, 2019

Forrest Wagner has been promoted to chief information officer at Advantage Resourcing Group and Staffmark. CEO and President Geno Cutolo announced the promotion this week. Wagner joined Staffmark in 2003 and has more than 21 years of experience in IT. He will work closely with Michael Whitmer, global...


CTG to acquire Luxembourg-based Tech-IT in $10 million deal

January 3, 2019

IT staffing and solutions provider CTG (NASD: CTG) today announced a definitive agreement to acquire Tech-IT PSF S.A., a Luxembourg-based consulting and IT solutions company, through its subsidiary CTG Luxembourg PSF S.A.

Founded in 2007, Tech-IT employs approximately 50 people in Luxembourg,...


Some government contract workers may be without pay even after shutdown ends

January 3, 2019

Some government contract workers may not be paid because of the government shutdown even after it ends, Business Insider reported. And while Congress has passed resolutions after previous government shutdowns providing back pay to federal workers, contractors might not be affected by that, according...


ISM manufacturing index falls to two-year low, employment expansion also slows

January 3, 2019

Economic activity in the manufacturing sector expanded in December at a slower pace than in November, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. December’s index reading registered 54.1, down from November’s reading of 59.3.

Any reading above...


TSR sues group of shareholders

January 3, 2019

IT staffing provider TSR Inc. (NASD: TSR) announced it filed a complaint last week against several shareholders, alleging they violated federal securities laws by failing to disclose their formation of a group that intends to seize control of TSR.

The complaint was filed in the US District Court, Southern...


US private sector adds 271,000 jobs in December, largest gain in nearly two years: ADP

January 3, 2019

The US private sector added 271,000 jobs in December, according to the ADP National Employment Report. It’s the largest gain since February 2017.

“Businesses continue to add aggressively to their payrolls despite the stock market slump and the trade war,” said Mark Zandi, chief economist of Moody's...


Global CEO confidence falls to lowest level in six years: The Conference Board

January 3, 2019

Global CEO confidence fell again in the fourth quarter following a decline in the third quarter, according to The Conference Board. Its measure of CEO confidence decreased to a level of 42 from 55 in the third quarter. This is the lowest reading since the third quarter of 2012, when the measure...


UAW sues General Motors over use of temporary workers (Tribune Chronicle)

January 3, 2019

The United Auto Workers union filed a lawsuit Wednesday in US District Court against General Motors over the company’s failure to transfer eligible laid-off workers from its plant in Lordstown, Ohio, to a plant in Fort Wayne, Ind. According to the (Warren, Ohio) Tribune Chronicle, the lawsuit alleges...


DISYS acquires Princeton Information

January 2, 2019

Digital Intelligence Systems LLC, or DISYS, will acquire the assets and business of Princeton Information in a transaction expected to close by mid-February.

Princeton is based in New York and provides IT staffing. Its annual revenue is set to exceed $140 million.

The acquisition brings McLean, Va.-based...