Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

CTG CEO dies

October 14, 2014

CTG (NASD: CTG) reported James R. Boldt, the company’s chairman and CEO since 2001, died unexpectedly yesterday. CTG’s board has appointed CFO Brendan M. Harrington as interim CEO.Boldt, 62, joined the Buffalo, N.Y.-based IT services company as VP, CFO and treasurer in 1996. He was appointed pres...


Hudson 3Q outlook revised downward

October 14, 2014

Hudson Global Inc. (NASD: HSON), a New York-based professional staffing firm, announced  third-quarter revenue will remain flat year-over-year at $163 million, below the range of $165 million to $175 million announced in July’s second-quarter earnings report.The company attributed the decrea...


Temp IT hiring rising, full-time also on upswing, says TEKsystems survey

October 14, 2014

IT leaders report temporary and full-time hiring has fallen short of 2014 expectations but is catching up, according to TEKsystems’ new quarterly IT Reality Check survey comparing current market conditions with the company’s annual IT forecast released in November 2013.Temp worker hiring has incr...


Staffing 360 applies for Nasdaq listing

October 14, 2014

Staffing 360 Solutions Inc. (OTCBB: STAF) filed an application for uplisting its common stock on the Nasdaq Capital Market, the company announced today.The listing is dependent on the company meeting all of the necessary listing requirements of Nasdaq, and the company said it has already achieved...


Quote of the week: Microsoft CEO’s “completely wrong” advice to women asking for a raise

October 14, 2014

Bloomberg reports Microsoft CEO Satya Nadella created a controversy with remarks made while onstage at a conference on women in technology.In response to a question about what he would tell women who are hesitant to ask for a raise, Nadella said, “It’s not really about asking for the raise, but k...


CloudFactory raises $3 million

October 13, 2014

CloudFactory, a human cloud platform that uses a crowd managed in person, raised $3 million in a Series A offering. The series was led by David Clouse, founder of vacation rental site VRBO.com, with other institutional and angel investors participating.“Their model is a rather unique one that lev...


Staffing 360 rebrands Poolia UK

October 13, 2014

Staffing 360 Solutions Inc. (OTCBB: STAF) this week will rebrand its Poolia UK operations to Longbridge 360. Poolia UK and Staffing 360's Longbridge Recruitment operations combined forces and moved into new corporate offices in London in April.Staffing 360 acquired Poolia UK Ltd., a subsidiary of...


ADP: One-third of midsize businesses fined for non-compliance

October 13, 2014

More than one-third of midsize businesses have been fined or penalized for not complying with laws pertaining to how they manage their workforce, according to a new study released today by the ADP Research Institute. Of those fined, 58 percent did not know how much the fines cost and 47 perc...


Healthcare gains 22,600 jobs in September, report finds

October 13, 2014

Healthcare gained a moderately strong 22,600 jobs in September, and revisions to July and August showed a net increase of 3,300 jobs, according to the Health Sector Economic Indicators briefs released by the Altarum Institute’s Center for Sustainable Health Spending.The six-month average job gain...


Erecruit acquires onboarding provider

October 13, 2014

Erecruit Holdings LLC, a provider of enterprise software for staffing firms, acquired eStaff365, a cloud-based onboarding solution targeting the staffing industry.The transaction closed last week; terms were not disclosed.EStaff365 provides electronic onboarding with secure digital signatures, I9...