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Hudson revenue down 28.2%, posts loss

February 17, 2009

The Hudson Highland Group Inc. (NASD: HHGP) said today fourth-quarter revenue fell 28.2% year-over-year to $207.4 million. The professional staffing firm posted a net loss of $80.3 million, and reported goodwill and other impairment charges of $67.1 million. "Uncertainty about the future course o...


TeamStaff revenue slips, profit up

February 17, 2009

TeamStaff Inc. (NASD: TSTF), a Somerset NJ-based healthcare and administrative staffing firm, announced a decline in fiscal first-quarter revenue, but said gross margin and net income both rose. TeamStaff reported revenue of $14.7 million in its fiscal first quarter ended Dec. 31, down 5.0% fro...


Research from Staffing Industry Analysts

February 17, 2009

Here is the latest research from Staffing Industry Analysts. INSIGHT - Despite challenges, staffing firms adopt e-Verify *E-Verify still unreliable for addressing fraud issues*Program expected to add cost for staffing firms*Still, a good business opportunity, marketing potential BRIEFING - Analys...


Time to stick it to staffing firms?

February 13, 2009

Now may be the time when staffing buyers stick it to staffing firms, but is that a wise idea? Staffing Industry Analysts' Director of Research Analysis Jon Osborne writes on the relationship between staffing firms and buyers during this troubled economic time in The Contingent Blog. For the full...


Allegis renames U.K. engineering, IT operations

February 13, 2009

The Allegis Group announced that it renamed its engineering, professional and information technology staffing operations in the United Kingdom and Ireland. They had operated under the Allegis Group brand name, but the engineering and professional staffing division was rebranded under the Aerotek...


Fourth-quarter mass layoffs highest since 1995

February 13, 2009

Extended mass layoffs in the fourth quarter reached their highest level since 1995, the U.S. Bureau of Labor Statistics reported today. There were 3,140 mass layoffs in the fourth quarter with 508,859 workers separated from their jobs for at least 31 days. Manufacturing firms reported 1,103 mas...


People - Robert Half, ADP

February 13, 2009

Robert Half International Inc. (NYSE: RHI) and Automatic Data Processing Inc. (NASD: ADP) announced new board members. Robert Half reported that Robert Pace was elected to its board of directors. Pace is an advisory director at Goldman Sachs. ADP said Linda Gooden was elected to its board of di...


Latest Staffing Industry Report released

February 13, 2009

The February issue of the Staffing Industry Report newsletter is now available in PDF format. To download a copy, click here. Top stories from this month's issue include:*List of staffing firms interested in acquiring other firms*What's different about high-performing firms?*What could Obama Admi...


People - Robert Half, ADP

February 13, 2009

Robert Half International Inc. (NYSE: RHI) and Automatic Data Processing Inc. (NASD: ADP) announced new board members. Robert Half reported that Robert Pace was elected to its board of directors. Pace is an advisory director at Goldman Sachs. ADP said Linda Gooden was elected to its board of dire...


Fourth-quarter mass layoffs highest since 1995

February 13, 2009

Extended mass layoffs in the fourth quarter reached their highest level since 1995, the U.S. Bureau of Labor Statistics reported today. There were 3,140 mass layoffs in the fourth quarter with 508,859 workers separated from their jobs for at least 31 days. Manufacturing firms reported 1,103 mass...