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Hudson Highland receives SEC notice

May 18, 2009

The Hudson Highland Group Inc., a New York-based professional staffing firm, announced Friday it may face an "enforcement action" by the U.S. Securities and Exchange Commission over reporting of sales tax charges and reserves in previous years, according to a filing with the SEC. The company sa...


Korn/Ferry names new CFO

May 18, 2009

Executive search firm Korn/Ferry International Inc. (NYSE: KFY) named Michael DiGregorio as its new executive VP and chief financial officer effective June 1. DiGregorio comes to Korn/Ferry after serving as CFO at St. John Knits International Inc., a women's clothing company. DiGregorio was execu...


Korn/Ferry names new CFO

May 18, 2009

Executive search firm Korn/Ferry International Inc. (NYSE: KFY) named Michael DiGregorio as its new executive VP and chief financial officer effective June 1. DiGregorio comes to Korn/Ferry after serving as CFO at St. John Knits International Inc., a women's clothing company. DiGregorio was exe...


GDP still contracting, jobless rate to rise

May 18, 2009

Economists estimated U.S. gross domestic product will contract 2.8% in 2009, unemployment will top out at 9.8% in the fourth quarter and the country will continue to shed jobs, according to the second-quarter Survey of Professional Forecasters released Friday by the Federal Reserve Bank of Philad...


TeamStaff revenue falls 21%

May 15, 2009

TeamStaff Inc. (NASD: TSTF), a Somerset NJ-based healthcare and administrative staffing firm, reported revenue fell 20.7% year-over-year to $13.7 million in its fiscal second quarter ended March 31. Excluding non-recurring retroactive billings in the year-ago quarter, revenue fell 14.5%. Presiden...


OPD Group in talks over buy

May 15, 2009

London-based staffing firm OPD Group announced it is in discussions with Chairman Peter Hearn over a possible cash offer for all shares of the company at 57 pence per ordinary share of five pence, according to a public filing.


People - Eliassen, Proffice, Landrum

May 15, 2009

The Eliassen Group named a president of its technology staffing division and Proffice AB announced a new CFO. Landrum Human Resource Companies Inc. announced two personnel changes. The Eliassen Group, a Wakefield MA-based technology staffing firm, named Dave MacKeen as president of its technology...


People - Eliassen, Proffice, Landrum

May 15, 2009

The Eliassen Group named a president of its technology staffing division and Proffice AB announced a new CFO. Landrum Human Resource Companies Inc. announced two personnel changes. The Eliassen Group, a Wakefield MA-based technology staffing firm, named Dave MacKeen as president of its technolo...


TeamStaff revenue falls 21%

May 15, 2009

TeamStaff Inc. (NASD: TSTF), a Somerset NJ-based healthcare and administrative staffing firm, reported revenue fell 20.7% year-over-year to $13.7 million in its fiscal second quarter ended March 31. Excluding non-recurring retroactive billings in the year-ago quarter, revenue fell 14.5%. Presid...


Firm buys Click Commerce staffing VMS

May 15, 2009

Emptoris acquired the contract and service management division of Click Commerce Inc., the company announced today. The division includes Click Commerce's vendor management system for contingent labor management. Plans call for the brand to change to Emptoris, but for the transition of ownershi...