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Microsoft to cut 18,000 jobs

July 17, 2014

Microsoft Corp. will begin to reduce the size of its overall workforce by up to 18,000 jobs in the next year, according to a memo Microsoft CEO Satya Nadella sent to employees this morning. Nokia Devices and Services is expected to account for about 12,500 jobs, comprising both professional and f...


US jobless claims average at lowest level since 2007

July 17, 2014

The U.S. four-week moving average of initial claims for unemployment insurance fell by 3,000 in the week ended July 12 to 309,000 from the previous week’s unrevised figure of 312,000, according to seasonally adjusted numbers released today by the U.S. Department of Labor. This is the lowest level...


We all hate each other, and that’s good for the industry — The Staffing Stream

July 17, 2014

Staffing providers, for the most part, all look the same on the surface, writes Manish Karani in The Staffing Stream. The only thing that differentiates us from each other is our “competitiveness.” Karani, president and COO of ASK Staffing Inc., discusses harnessing this competitive spirit. To re...


CIOs, CTOs top list of highest technology salaries

July 16, 2014

Chief information officers and chief technical officers have the highest salaries in 2014, according to a new technology salary guide released by Mondo, a New York-based IT and digital marketing staffing provider.CIOs and CTOs 2014 salaries range from $150,000 to $230,000, according to the report...


List ranks largest IT staffing firms in US

July 16, 2014

TEKsystems (Allegis), On Assignment, Randstad Technologies, Insight Global and Experis (ManpowerGroup) rank as the five largest suppliers of information technology staffing in the U.S., according to Staffing Industry Analysts’ 2014 list of largest U.S. IT staffing firms released Tuesday.Allegis’...


Syntel expands board of directors

July 16, 2014

Information technology service provider Syntel Inc. (NASD: SYNT) on July 13 elected two new members to the company’s board of directors, effective immediately, increasing the size of the company’s board from seven to nine members.Syntel’s new board members are Syntel President and CEO Nitin Rakes...


Half of pharma, biotech workers ready to job hunt, study finds

July 16, 2014

Employees in the U.S. biotech and pharma industries indicate high interest in near-future job changes, according to a Randstad Pharma Engagement Study released today. The study found that within the next six months, 51 percent of biotech/pharma workers are likely to seek out a job in a different...


Web: Foreign worker rules affects Canada’s supply of doctors

July 16, 2014

The Globe and Mail reports Ottawa’s bid to crack down on abuse of the temporary foreign worker program is stymieing efforts to bring in a class of highly skilled laborers Canada needs: doctors. To read the story, click here.


CTG lowers Q2, full-year guidance

July 15, 2014

CTG (NASD: CTG) today lowered its guidance for second-quarter revenue and full-year revenue.The Buffalo, N.Y.-based IT staffing and solutions provider, announced second-quarter revenue is expected to be approximately $100 million — slightly less than the $101 million to $103 million guidance. The...


Hong Kong, US and China top contingent labor index

July 15, 2014

Hong Kong continues to be the highest-ranked country for contingent workforce operations in 2014, followed closely by the U.S. and China, according to the second contingent workforce index released by ManpowerGroup’s (NYSE: MAN) Tapfin division.Hong Kong and the U.S. are both cost-effective marke...