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Temp firm owner gets prison, owes $1.5 million

March 23, 2009

A temporary employment agency owner was sentenced Friday to 41 months in prison and ordered to pay $1.5 million to the Internal Revenue Service, the U.S. Attorney's Office for the Western District of Texas reported. Owner Terrell Diamond, a former resident of San Antonio TX, pleaded guilty to one...


Temp firm owner gets prison, owes $1.5 million

March 23, 2009

A temporary employment agency owner was sentenced Friday to 41 months in prison and ordered to pay $1.5 million to the Internal Revenue Service, the U.S. Attorney's Office for the Western District of Texas reported. Owner Terrell Diamond, a former resident of San Antonio TX, pleaded guilty to o...


Research from Staffing Industry Analysts

March 23, 2009

Here is the latest research from Staffing Industry Analysts. INSIGHT - Engineering/design staffing growth update*Sector falls in 4Q*Key economic trends indicate continued decline*Estimated growth lowered to 2% for 2008; -4% for 2009


Office openings

March 23, 2009

Staffing Technologies moved its headquarters to a larger location. Link Staffing Services opened an office in Allentown PA. And Manpower Inc. (NYSE: MAN) opened a new office in Las Vegas. Staffing Technologies, an information technology and telecommunications staffing firm, announced its company...


RCM revenue up, margin narrows

March 23, 2009

Fourth-quarter revenue rose 9.7% year-over-year at RCM Technologies Inc. (NASD: RCMT) to $53.5 million, the company announced Friday. Fourth-quarter gross margin, however, slipped to 24.8% from 27.1% in the year-ago period. Net loss for the fourth quarter was $39.1 million compared with net inc...


Select completes Westaff buy

March 23, 2009

Koosharem Corp., parent company for The Select Family of Staffing Companies, announced Friday it completed its acquisition of Westaff Inc., a Walnut Creek CA-based staffing firm. Westaff, founded in 1948, became a private company in the deal. Select estimates its annual revenue after the transact...


Select completes Westaff buy

March 23, 2009

Koosharem Corp., parent company for The Select Family of Staffing Companies, announced Friday it completed its acquisition of Westaff Inc., a Walnut Creek CA-based staffing firm. Westaff, founded in 1948, became a private company in the deal. Select estimates its annual revenue after the transa...


RCM revenue up, margin narrows

March 23, 2009

Fourth-quarter revenue rose 9.7% year-over-year at RCM Technologies Inc. (NASD: RCMT) to $53.5 million, the company announced Friday. Fourth-quarter gross margin, however, slipped to 24.8% from 27.1% in the year-ago period. Net loss for the fourth quarter was $39.1 million compared with net incom...


Office openings

March 23, 2009

Staffing Technologies moved its headquarters to a larger location. Link Staffing Services opened an office in Allentown PA. And Manpower Inc. (NYSE: MAN) opened a new office in Las Vegas. Staffing Technologies, an information technology and telecommunications staffing firm, announced its compan...


February mass layoffs up year-over-year

March 20, 2009

The number of mass layoffs totaled 2,769 in February, a 65.9% 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 mass layoffs rose 61.4% year-over-year in February to...