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Hudson Q2 revenue down 19%, but falls only 7% in constant currency

July 30, 2015

Second-quarter revenue fell 18.8% at staffing and RPO provider Hudson Global Inc. (NASD: HSON) to $122.7 million. However, the decline was 6.9% when measured in constant currency. (US$ thousands) Q2 2015 Q2 2014 % growth % constant currency Revenue $122,743 $151,070...


Ciber’s Q2 revenue up 2% in constant currency

July 30, 2015

IT solutions and staffing provider Ciber Inc. (NYSE: CBR) reported revenue fell 8% to $197.9 million, but was up 2% on a constant currency basis at the Greenwood Village, Colo.-based firm. (US$ thousands) Q2 2015  Q2 2014 % growth constant currency growth Revenue $19...


Cross Country Healthcare sells education business for $8 million

July 30, 2015

Cross Country Healthcare Inc. (NASD: CCRN) struck a deal to sell its Cross Country Education business to PESI Inc. for $8 million plus possible earn-outs of $500,000.The deal is set to close this quarter. Cross Country plans to use revenue from the sale to fund future acquisitions, finance strate...


GDP growth on ‘softer side’ for US; jobless claims average falls

July 30, 2015

US gross domestic product rose 2.3% at an annual rate in the second quarter, the US Department of Commerce announced today. That’s up from first-quarter growth of 0.6%, which had been revised upward from a decline of 0.2%. Separately, the four-week moving average of jobless claims announced today...


Google IC misclassification suit is dismissed

July 29, 2015

A case against Google brought by a former worker in New York claiming misclassification as an independent contractor has been dismissed, according to court records. Plaintiff has waived all rights of appeal.Attorneys for Google wrote in a letter to the court on July 14 that both sides had reached...


Elwood Staffing expands with York acquisition

July 29, 2015

Commercial staffing provider The York Companies Inc. was acquired by Elwood Staffing. The buy marks the fourth acquisition in two years for Elwood, which ranks as the 19th-largest US staffing firm.Elwood announced the acquisition today.The deal gives Elwood two York offices in Kentucky — Louisvil...


Barrett revenue up 21% in Q2

July 29, 2015

Second-quarter revenue rose 20.7% at Barrett Business Services Inc. (NASD: BBSI), and net income rose 20.1% at the Vancouver, Wash.-based provider of staffing and PEO services.A lion’s share of the company’s revenue growth came from the company’s PEO segment. (US$ thousands) Q2 2015 ...


Mastech Q2 revenue rises 6%

July 29, 2015

Second-quarter revenue rose 6.0% at IT staffing provider Mastech Holdings Inc. (NYSE MKT: MHH) to $29.3 million. Gross margin improved.The company reported its acquisition of Hudson Global Inc.’s (NASD: HSON) IT staffing business in the US generated $1.3 million in revenue from the June 15 acquis...


NY firm can’t make workers waive unemployment

July 29, 2015

Workers cannot waive their right to receive unemployment benefits, the New York Attorney General’s Office said Tuesday. The office also announced a settlement to end the practice at On Location Education Inc., a firm that provides teachers to educate children on film sets, touring theaters and ot...


California attorney general and feds sign deal to combat wage theft

July 29, 2015

A memorandum of understanding to combat wage theft was signed this week by California Attorney General Kamala Harris and the US Department of Labor’s Wage and Hour Division.Wage theft includes violations of minimum wage and overtime laws as well as employee misclassification, according to the age...