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SAP revenue up in segment that includes VMS, more contingents under management

February 8, 2018

Business software firm SAP reported revenue in its “business networks” segment, which includes VMS provider SAP Fieldglass, rose 18% on a constant currency basis to €615 million (US$736.7 million). Gross margin improved two percentage points to 77%, SAP reported in its fourth-quarter earnings release....


Dice.com parent company reports revenue down 7%

February 8, 2018

DHI Group Inc. (NYSE: DHX) reported fourth-quarter revenue fell 7.3%. revenue fell 9.7% in its largest segment, the Dice.com job board, but revenue in its ClearanceJobs business rose 22.8%.

(US$ thousands) Q4 2017 Q4 2016 % change
Revenue $50,936 $54,938 -7.3%
Net income ...


Nesco Resource acquires Regal Staffing Services’ Ohio branch

February 8, 2018

Nesco Resource, an Ohio-based engineering and industrial staffing provider, acquired the Columbus, Ohio, operations of Regal Staffing Services, effective Monday. It adds to Nesco’s four existing Columbus locations and continues Nesco’s expansion the Columbus marketplace.

Terms of the transaction were...


Cross Country exec to be NATHO board president

February 8, 2018

Cross Country Healthcare Inc. (NASD: CCRN) announced that Wendi Dusseault, its executive VP of travel nursing, was elected president of the National Association of Travel Healthcare Organization’s board of directors, effective Feb. 1. Dusseault has served on NATHO’s board since 2014, and as treasurer...


Jobless claims average falls 10,000 to hit lowest level since March 1973

February 8, 2018

The US four-week moving average of initial claims for unemployment insurance fell to 224,500 last week, down 10,000 from the previous week’s unrevised average, the US Department of Labor reported.

The four-week moving average decreases the volatility of the weekly numbers. Total initial claims for unemployment...


Kforce Q4 revenue up 5%; temp revenue up as direct-hire revenue falls

February 7, 2018

Kforce Inc. (NASD: KFRC) reported fourth-quarter revenue rose 5.1%, exceeding the firm’s guidance with growth coming in the firm’s largest single segment, technology flex revenue and in government solutions flex revenue. Finance & Accounting flex revenue edge up. However, direct-hire revenue...


Japan-based staffing firm Persol’s US growth platform TS2 acquires three California staffing firms

February 7, 2018

TS2 Holdings LLC acquired three California companies in the executive recruiting space. The acquisitions include Neohire South, a recruiting company with offices in Santa Monica and Tarzana, Calif., that targets tech and non-tech recruiting for top venture capitalists and technology startups across the...


Upwork ranks Bitcoin skills as fastest-growing on its platform

February 7, 2018

Bitcoin topped online staffing provider Upwork’s fourth-quarter list of the 20 fastest-growing skills in the US freelance job market as the cryptocurrency craze continues. Bitcoin is a cryptocurrency supported by blockchain, a distributed ledger technology.

The Upwork Skills Index calculates year-over-year...


Shiftgig execs discuss leadership change (Entrepreneur)

February 7, 2018

Changing the nameplate on your top executive’s door is never easy, write Shiftgig’s CEO Wade Burgess and co-founder and Executive Chairman Eddie Lou in an Entrepreneur article. The executives discuss the way they approached a leadership change at their on-demand labor marketplace.


Mastech Digital revenue rises in the fourth quarter; IT staffing services up 9.1%

February 7, 2018

IT staffing provider Mastech Digital Inc. (NYSE MKT: MHH) reported revenue rose 24.9% in the fourth quarter to $40.5 million.

(US$ thousands) Q4 2017 Q4 2016  % change
Revenue $40,468 $32,402 24.9%
Gross profit $9,525 $6,398 48.9%
Gross margin 23.5% ...