Daily News
How SoftBank negotiated its share deal with Uber (Business Insider)
June 11, 2018Business Insider reports Rajeev Misra, the chief executive of SoftBank’s $100 billion Vision Fund, personally spent six months persuading Uber’s board to accept its bid last year to buy a near 15% stake in Uber. SoftBank’s big selling point? It had stakes in every big Uber competitor worldwide....
Are independent contractors a smaller percentage of workers? BLS data in context
June 8, 2018Has the number of independent contractors as a percentage of total employment shrunk over the last 12 years? Some seek to put data released yesterday by the US Bureau of Labor Statistics into context.
The US Bureau of Labor Statistics’ data released yesterday showed independent contractors represented...
AI and robotics will augment rather than replace humans (Forbes)
June 8, 2018Artificial intelligence and robotics may be forces changing the world of work, but some are confident they will augment human workers — not take jobs, writes Tom Davenport in Forbes. Once concern is getting people to learn new skills. “If we’re not going to lose a lot of jobs soon, the next issue...
Volt revenue falls 13% in fiscal Q2; undertakes review, leadership changes
June 8, 2018Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 13.1% in its fiscal second quarter ended April 29. On a same-store and constant currency basis, net revenue fell 7.8% year over year, excluding net revenue contributed from businesses sold or exited during the past year.
Gross margin...
Canadian jobs nearly flat in May, but up 238,200 over year
June 8, 2018Employment in Canada was little changed in May, edging down by 7,500 jobs from April to a total of almost than 18.6 million jobs, according to seasonally adjusted numbers released today by Statistics Canada. A loss of 31,000 part-time jobs in May offset a gain of 23,600 full-time jobs. On a year-over-year...
Optomi acquires healthcare IT staffing firm, rebrands
June 8, 2018Tech staffing provider Optomi LLC acquired Dallas-based healthcare IT recruitment firm 1st Solution USA. The company is also rebranding to Optomi Professional Services, or OPS, to reflect its expansion into the onshore outsourcing solutions business and the healthcare IT space.
The transaction is expected...
People: Diversant, Jackson Healthcare, TalentRISE, Astreya, AIM Consulting
June 8, 2018IT staffing provider Diversant named Gregg Schmedding as executive VP responsible for developing new sales and recruiting strategies. Schmedding started his career with TEKsystems and later spent 13 years at Modis, where he served as senior VP.
Jackson Healthcare, one of the largest US healthcare staffing...
BLS measures contingent workforce for first time in 12 years; what they found
June 7, 2018The US Bureau of Labor Statistics measured the size of the contingent workforce for the first time in 12 years, and released the data today. It found contingent workers accounted for a smaller percent of the US workforce. However, the data also tracked independent contractors, temporary agency workers...
Volt president and CEO steps down effective yesterday
June 7, 2018Volt Information Sciences Inc. (NYSE MKT: VISI) announced President and CEO Michael Dean left the company and the board, effective yesterday. Linda Perneau takes over as interim CEO, in addition to her current role as president of Volt Workforce Solutions — a role the former Randstad exec...
IT job growth hits ‘wall’ due to acute talent shortage: TechServe Alliance
June 7, 2018The number of IT jobs in the US edged up 0.03% in May from April to a total of more than 5.3 million, the TechServe Alliance announced. With the unemployment rate for the overall workforce at historic lows and IT occupations at levels economists would unequivocally deem to be “full employment,” the...