Daily News
Uber reports $891 million loss in second quarter (Bloomberg)
August 16, 2018Human cloud/ride-sharing firm Uber reported a second-quarter loss of $891 million on Wednesday, Bloomberg reported. It’s a 16% improvement from the same quarter a year ago, but the company had posted a profit in the first quarter. Bloomberg said Uber is planning an initial public offering in the second...
Healthcare jobs are in lead, but tech still dominates list of top-paying jobs: Glassdoor
August 15, 2018Physician, pharmacy manager and pharmacist ranked as the highest-paying jobs in America, but tech jobs still comprised about half of the highest-paying jobs, according to the Highest Paying Jobs in America report released today by Glassdoor.
Thirteen of the 25 jobs are tech jobs, more than any other profession...
Staffing 360 revenue up 42% in Q2 with acquisitions, but falls on organic basis
August 15, 2018Staffing 360 Solutions Inc. (NASD: STAF), a staffing provider operating in the US and UK, reported second-quarter revenue rose 41.8%, which includes $20.1 million from acquisitions completed in September 2017; the June 2018 acquisition Clement May, completed in June 2018; and $400,000 from favorable...
RCM Technologies revenue up in Q2 but gross margin narrows
August 15, 2018RCM Technologies Inc. (NASD: RCMT) revenue rose 13.6% in the second quarter. However, gross profit margin narrowed at the Pennsauken, NJ-based provider of engineering, healthcare and IT staffing.
(US$ thousands) | Q2 2018 | Q2 2017 | % change |
Revenue | $51,710 | $45,512 | 13.6% |
Gross... |
IT staffing provider W3Global acquires healthcare staffing firm Protouch
August 15, 2018IT professional services and staffing provider W3Global Inc. acquired Pro-Touch Nurses Inc. dba Protouch Staffing Inc., a healthcare staffing company headquartered in Plano, Texas.
The acquisition is a strategic expansion into a new vertical for W3Global. Protouch Staffing provides nurse and allied healthcare...
Tech’s upcoming impact on the staffing industry (Staffing Industry Review)
August 15, 2018Technology — including artificial intelligence — will have an impact on the staffing industry. Already, 38% of all companies (not just staffing) use AI for recruitment now, and 62% plan to do so by the end of the year. Writer Leslie Stevens-Huffman covers the effect of technology in an article in...
Massachusetts law on noncompete agreements to take effect Oct. 1 (Mintz Levin)
August 15, 2018A Massachusetts law covering noncompete agreements in employment contracts will go into effect Oct. 1, and it will have significant implications for employers, according to a blog post by Katharine Beattie and Jennifer Budoff of law firm Mintz Levin. “While employers will still be able to utilize noncompete...
Slight uptick in worker pay forecast for 2019: Willis Towers Watson
August 14, 2018Slightly larger pay increases may be in store for next year, according to a survey of 814 employers by Willis Towers Watson. It found the average pay increase for exempt, nonmanagement (professional) employees will be 3.1% in 2019, that compares with 3.0% this year.
Nonexempt hourly employees will see...
Revenue falls 13% at GEE Group, but direct-hire revenue up
August 14, 2018Revenue fell 12.6% at GEE Group (NYSE American: JOB) in its fiscal third quarter ended June 30. Contract staffing revenue fell 15.5% at the Jacksonville, Fla.-based staffing provider, but direct-hire revenue rose 6.7%.
(US$ millions) | Q3 2018 | Q3 2017 | % change |
Net revenue | $40,267 ... |
Command Center revenue down 1% amid impact of tight job market
August 14, 2018Command Center Inc. (NasdaqCM: CCNI) reported second-quarter revenue fell 1.3%. The Denver-based industrial staffing provider said the decrease was driven by higher-than-normal turnover in sales positions as a result of the tight job market.
Q2 2018 | Q2 2017 | % growth | |
Revenue ... |