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CDI revenue falls 15.2%

February 26, 2009

CDI Corp. (NYSE: CDI), the Philadelphia-based engineering and information technology services and staffing company, reported a 15.2% year-over-year decline in fourth-quarter revenue to $253.6 million. Fourth-quarter revenue rose only in its information technology solutions segment, rising 1.4% to...


CDI revenue falls 15.2%

February 26, 2009

CDI Corp. (NYSE: CDI), the Philadelphia-based engineering and information technology services and staffing company, reported a 15.2% year-over-year decline in fourth-quarter revenue to $253.6 million. Fourth-quarter revenue rose only in its information technology solutions segment, rising 1.4%...


Randstad revenue slips 14% on falling demand

February 26, 2009

Randstad Holding NV reported a 14% year-over-year decline in fourth quarter revenue to euro3.96 billion (US$5.58 billion) on a pro forma basis amid falling demand that continued into January. "Having grown in the first half of 2008, the unprecedented fall in demand in Q4 2008 and January 2009 r...


Randstad revenue slips 14% on falling demand

February 26, 2009

Randstad Holding NV reported a 14% year-over-year decline in fourth quarter revenue to euro3.96 billion (US$5.58 billion) on a pro forma basis amid falling demand that continued into January. "Having grown in the first half of 2008, the unprecedented fall in demand in Q4 2008 and January 2009 ref...


Jobless claims rise 5.7%

February 26, 2009

The number of U.S. initial claims for unemployment benefits rose 5.7% to 667,000 in the week ended Feb. 21 from the previous week's revised average, the U.S. Department of Labor reported today. The four-week moving average of claims rose 3.1% to 639,000 from the previous week's revised average...


Report - Microsoft to cut staffing bill rates 10%

February 26, 2009

Microsoft Corp. is reducing bill rates on all current temporary labor assignment by 10% effective March 2, according to an e-mail obtained by the TechFlash Web site. The software company also plans to reduce overtime for temporary agency workers and reduce total overall hours for the workers, acc...


VMS growth - Fieldglass, IQNavigator

February 25, 2009

Vendor management systems Fieldglass Inc. and IQNavigator announced spend under management. Fieldglass reported $5.0 billion in annual spend, up 60% year-over-year. Fieldglass did not release a revenue number, but said it almost doubled its customer base in 2008. In addition, the company said i...


Impellam names North American CFO

February 25, 2009

Impellam Group PLC named Linda Philp as senior VP and CFO of its North American operations, which include Corestaff Services. Philp has more than two decades of experience in financial management. She previously served as CFO for Lodgian Inc., a $400 million publicly traded hotel company, accor...


Analysts International revenue down 35.3%

February 25, 2009

Analysts International Corp. (NASD: ANLY), a Minneapolis-based information technology services and staffing firm, announced fourth-quarter revenue fell 35.3% year-over-year to $56.8 million as the slowing economy cut demand for staffing, services and products. Fourth-quarter revenue for professio...


Certifications - Aspen, Favorite

February 25, 2009

Aspen Medical Staffing, a Denver-based medical staffing firm, and Favorite Healthcare Staffing Inc., an Overland Park KS-based healthcare staffing firm received gold seals of approval from The Joint Commission.