Human cloud revenue nearly doubles

Revenue in the human cloud — which includes online staffing, online services and other firms — nearly doubled in 2016 to between $47 billion and $51 billion, according to a report by David Francis, senior research analyst at Staffing Industry Analysts.

The increase came mostly in the B2C segment,...

Korn Ferry appoints chief commercial officer

Executive search firm Korn Ferry International Inc. (NYSE: KFY) named Frank Giampietro as senior client partner and chief commercial officer. He will be based in the Philadelphia office and join the Korn Ferry Hay Group global leadership team.

Giampietro’s background includes mergers and acquisitions,...

ManpowerGroup expands executive’s role to Northern Europe

ManpowerGroup (NYSE: MAN), the Milwaukee-based staffing giant, appointed Stefano Scabbio president of Northern Europe, Mediterranean and Eastern Europe, effective immediately. This expands his responsibilities to include Northern Europe along with his current leadership of the Mediterranean and...

Canadian GDP to grow to 2.6% this year

The Canadian economy will grow at an above-potential pace for the remainder of this year, according to the RBC Economic Outlook quarterly report. Real GDP is expected to grow by 2.6% in 2017 and 2.1% in 2018.

Continuing an eight-year trend, consumers are expected to provide a large lift to the economy...

Jaguar Land Rover invests $25 million in human cloud firm Lyft

The investment division of Jaguar Land Rover, InMotion Ventures, announced a $25 million investment in human cloud, ride-sharing firm Lyft. It will supply Lyft drivers with cars and also work to help build self-driving cars.

“This investment will support Lyft’s expansion and technology plans,” according...

Workers sue for wages under new overtime rule despite injunction (Inside Counsel)

The Department of Labor’s controversial overtime rule — that had drawn concern in staffing and other industries — remains under an injunction by a Texas court, but a group of Chipotle employees sued the fast food chain alleging it should still be following the rule now, Inside Counsel reported....

Brazil — New law changes outsourcing, temporary work rules (Lexology)

Lexology reports a new law in Brazil requires business to specialize in the type of activity they want to outsource, contradicting prior courts’ opinions it was illegal for a business to outsource its core business. The new law also changed Brazil’s temporary work rules.

Volt revenue falls in fiscal Q2, Volt Workforce Solutions president resigns

Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 9.7% in its fiscal second quarter ended April 30. The company said that on a same-store basis, excluding net revenue contributed from businesses sold or exited during the past year and the effect of currency fluctuations, net revenue...

Feds indict CEO of jobs platform startup WrkRiot

The founder and CEO of job-seeking platform WrkRiot was indicted for allegedly defrauding employees of the now-defunct Silicon Valley technology startup company, the US Department of Justice announced.

Isaac Choi was charged with five counts of wire fraud for allegedly luring several of his company’s...

Yoh’s US worker confidence index rises for fifth month in a row

Worker confidence rose in the US as workers perceived the likelihoods of promotions and raises improved. Staffing provider Yoh and HRO Today magazine reported their quarterly Worker Confidence index rose to a level of 107.6 in the first quarter, the fifth straight quarter of increases and up from...