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People - Manpower, Analysts, Heidrick

February 25, 2009

Manpower Inc. (NYSE: MAN) and Analysts International Corp. (NASD: ANLY) announced changes to their boards of directors. Heidrick & Struggles International Inc. (NASD: HSII) announced a change in leadership of its marketing and sales officers practice. Manpower appointed Roberto Mendoza to its boa...


January mass layoffs rise 50.9%

February 25, 2009

The number of mass layoffs totaled 2,227 in January, a 50.9% increase over the same month last year, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics. Initial unemployment claims associated with the mass layoffs rose 59.6% year-over-year in January to...


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, accordi...


Westaff - Audit raises doubt about future

February 25, 2009

Westaff Inc. (NASD: WSTF) said an audit report in the company's annual 10-K filing raised doubt about the company continuing as a going concern. The audit report cited recurring losses, the company being out of compliance with banking agreements and that the firm may not be able to extend its wor...


TechTeam Global revenue falls 3.7%

February 25, 2009

TechTeam Global Inc. (NASD: TEAM) reported a 3.7% decline in fourth-quarter revenue to $61.9 million. The Southfield MI-based firm, which provides information technology solutions as well as some staffing, reported fourth-quarter gross margin rose to 26.8% year-over-year from 24.9%. TechTeam's fo...


ECG bankruptcy continues, some fees remain

February 25, 2009

Bankruptcy proceedings continue in the case of Ensemble Chimes Global. At one time the largest vendor management system, the firm filed for bankruptcy in January 2008. The move came just after its parent company, Axium International Inc., a provider of payroll services to the entertainment indu...


ECG bankruptcy continues, some fees remain

February 25, 2009

Bankruptcy proceedings continue in the case of Ensemble Chimes Global. At one time the largest vendor management system, the firm filed for bankruptcy in January 2008. The move came just after its parent company, Axium International Inc., a provider of payroll services to the entertainment indust...


CTG solutions revenue up, staffing down

February 25, 2009

Fourth-quarter revenue edged down 1.4% from the year-ago period to $83.3 million at Computer Task Group Inc. (NASD: CTGX), with information technology solutions revenue rising and IT staffing revenue declining. Fourth-quarter net income nearly doubled. The Buffalo NY-based information technolog...


TechTeam Global revenue falls 3.7%

February 25, 2009

TechTeam Global Inc. (NASD: TEAM) reported a 3.7% decline in fourth-quarter revenue to $61.9 million. The Southfield MI-based firm, which provides information technology solutions as well as some staffing, reported fourth-quarter gross margin rose to 26.8% year-over-year from 24.9%. TechTeam's...


People - Manpower, Analysts, Heidrick

February 25, 2009

Manpower Inc. (NYSE: MAN) and Analysts International Corp. (NASD: ANLY) announced changes to their boards of directors. Heidrick & Struggles International Inc. (NASD: HSII) announced a change in leadership of its marketing and sales officers practice. Manpower appointed Roberto Mendoza to its b...