August 4, 2016

IT Staffing Report

Of the 134 firms that qualified for inclusion by generating at least $100 million in US staffing revenue in 2015, 40 indicated IT as their primary skill segment supplied.

IT tops among professional staffing segments represented on 2016 Largest US Staffing Firms List

August 4, 2016

Of the 134 firms that qualified for inclusion by generating at least $100 million in US staffing revenue in 2015, 40 indicated IT as their primary skill segment supplied.


CTG second-quarter revenue falls 12%

August 4, 2016

Second-quarter revenue fell 11.9% year over year to $83.5 million at Computer Task Group Inc. (NASD: CTG).


TEKsystems survey: IT leaders lower temp hiring plans

August 4, 2016

A TEKsystems survey found fewer IT leaders plan to increase contingent hiring this year when asked in the middle of the year compared to a similar survey conducted before the start of the year in December 2015.


Revenue rises at Tata Consultancy Services and Infosys

August 4, 2016

Both Tata Consultancy Services and Infosys (NYSE: INFY) reported revenue rose year over year in US dollars in their fiscal first quarters ended June 30.


IT job growth decelerates

August 4, 2016

The number of IT jobs in the US edged up 0.2% in June from May to more than 5.1 million, and the year-over-year increase was 3.7%, reported TechServe Alliance, an association of IT and engineering staffing companies.


Mastech revenue rises 15% in Q2

August 4, 2016

IT staffing provider Mastech Holdings Inc. (NYSE MKT: MHH) reported revenue rose 14.8% in the second quarter to $33.6 million.


New CEO at Fahrenheit IT

August 4, 2016

Global Employment Solutions and its Fahrenheit IT division named Wayne Cavanaugh as CEO. He replaces Howard Brill, who led the company for the past 16 years.


Millennials are changing how the job market operates

August 4, 2016

The millennial generation is changing how the job market operates, primarily due to the fact that they actively look for new positions on a far more frequent basis that their predecessors, writes Farida Gibbs, CEO and founder of Gibbs-S3, in a The Staffing Stream post. On average, millennial workers... More


Silicon Valley: More young talent, fewer jobs (CNBC)

August 4, 2016

Technology companies are always looking for bright, young talent to fill entry-level positions, but lately it’s become more competitive to land a gig in Silicon Valley, CNBC reports.


Appetite for M&A returns

August 4, 2016

The combination of low interest rates and historically high levels of cash on corporate balance sheets has helped whet the appetites for merger and acquisition (M&A) activity on the part of both strategic (i.e., corporate) and financial (i.e., private equity) buyers. ... More