Adecco acquires training provider General Assembly in deal that gives firm enterprise value of $412.5 million

The Adecco Group today announced it acquired General Assembly, a training firm focused on IT skills, in a deal that gives General Assembly a total enterprise value of $412.5 million. The deal is expected to close this quarter, subject to customary closing conditions and regulatory approvals.

General Assembly...

C&A Industries names CFO

C&A Industries, which ranks as the 28^th-largest provider of staffing in the US, named Jessica Dennis as CFO. Dennis comes to C&A after holding various senior leadership positions in the business process outsourcing industry with West Corp. and, most recently, with Alorica — where she served...

Pace of IT job growth picks up in March, but still anemic, TechServe Alliance reports

The number of IT jobs in the US rose 0.05% in March from February to a total of more than 5.3, the TechServe Alliance announced Friday. The growth rate, while low, marks an improvement over previous months, according to the group, which serves as the national trade association of the IT and engineering...

Only 1% of millennial doctors found jobs through social media, but networking and referrals still big: CompHealth

Millennial physicians rarely use social media tools when looking for work, according to a survey of 600 young doctors by healthcare staffing provider CompHealth. Only 1% found employment through social media tools such as LinkedIn, Facebook and Doximity.

On the other hand, 40% found work through referrals...

Postmates says it creates $6.6 billion in economic activity each year

Postmates, an online delivery app that matches independent contractor couriers with consumers and businesses, said it creates $6.6 billion in economic activity across the US each year. The claim was released in a report titled “The Postmates Economic Impact Report,” and was done in conjunction with...

More Americans interested in freelance work, survey says (USA Today)

More Americans are interested in freelance work, USA Today reported citing a study by MetLife. It found that 57% are interested in taking on a freelance role, up from 51% in a similar survey last year. And millennials were the most interested, with 74% saying they are interested in learning more about...

TSR net revenue edges down in fiscal third quarter

Net revenue edged down 2.2% at IT staffing provider TSR Inc. (NASD: TSRI) in its fiscal third quarter ended Feb. 28. Net loss narrowed at the Hauppauge, NY-based company due to a decrease in selling, general and administrative expenses of $197,000 compared with the prior-year quarter, resulting primarily...

ShiftPixy revenue jumps in fiscal Q2 but net loss widens

Gig economy firm ShiftPixy Inc. (NASD: PIXY) reported revenue rose 45.8% year over year to $7.9 million in its fiscal second quarter ended Feb. 28. However, the company reported net loss widened to $2.7 million and gross margin narrowed.

The Irvine, Calif.-based firm, which raised $12 million...

H-1B petitions are down despite reaching cap in first week

US Citizenship and Immigration Services reported the number of petitions for H-1B visas, used to bring in highly skilled temporary workers such as IT professionals, fell this year to 190,098, down from the 199,000 received last year and down from a peak of 236,000 received in 2016. However, the number...

US job openings edge lower from near record high

The number of US job openings edged down by 176,000 in February from the prior month to a to approximately 6.0 million, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics. Hires and separations were also little changed, edging down only slightly.

The...