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MedAssets stockholders approve merger deal

January 15, 2016

MedAssets Inc. (NASD: MDAS) announced its stockholders approved an agreement to merge with Pamplona Capital Management LLP at its special meeting of stockholders held Jan. 14. MedAssets provides services to hospitals, and its business lines include a vendor management system that operates under the name...

Ranstad fund invests in HR analytics platform

January 15, 2016

Randstad Holding nv is leading a seed financing round in Netherlands-based Focus Orange Technology B.V. through its Randstad Innovation Fund.

 The investment is directed at the development of Crunchr, the company’s HR reporting and analytics platform. With Randstad Holding, Arcadis and Deloitte...

People: Cejka, Futurestep, Landrum, Slayton and more

January 15, 2016

Cejka Executive Search, the healthcare executive and physician search division of Cross Country Healthcare Inc. (NASD: CCRN), hired Joyce Tucker as an executive VP responsible for senior-level healthcare search services and consultation. Tucker has more than 30 years of experience as a healthcare executive....

Next North American Staffing Industry Daily News is on Tuesday

January 15, 2016

The next issue of the North American Staffing Industry Daily News will publish on Tuesday because of the Martin Luther King Jr. Day holiday.

Belcan acquires technical services firm Tandel Systems

January 14, 2016

Engineering consulting and staffing provider Belcan LLC acquired Tandel Systems Inc., a provider of technical services and support to customers in the aerospace and defense sectors. Terms of the transaction were not announced.

“Tandel Systems brings class-leading products and services to Belcan through...

Jobless claims average up 3,000, total claims rise 7,000

January 14, 2016

The US four-week moving average of initial claims for unemployment insurance was 278,750 last week, up 3,000 from the previous week’s unrevised average, according to seasonally adjusted numbers released today by the US Department of Labor.

The four-week moving average decreases the volatility of...

Beige Book: Improved labor markets, mixed results for staffing services

January 14, 2016

Labor markets continued to improve from late November to early January, according to the Federal Reserve’s Beige Book report released Wednesday. Employment increases were evident in reports from seven districts and four districts mentioned signs of labor market tightening.

The Beige Book, a collection...

Volt Q4 revenue falls but net loss narrows; to sell Maintech, implement cost-saving plan

January 14, 2016

Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 15.3% in its fiscal fourth quarter ended Nov. 1, but net loss narrowed. The New York-based IT and engineering staffing and MSP provider also announced a cost reduction plan and sales of noncore businesses.

(US$ thousands) ...

LocumTenens.com promotes Chris Franklin to president

January 14, 2016

LocumTenens.com promoted Chris Franklin as president. Franklin previously served as executive VP at the company, which is part of Jackson Healthcare, the second-largest US provider of locum tenens staffing.

“Chris Franklin exemplifies the core values we look for in leaders at our company, and under...

IT and engineering job growth slows

January 14, 2016

The number of IT jobs in the US rose 0.2% in December from November to more than 5.0 million, reported TechServe Alliance, an association of IT and engineering staffing companies. Year-over-year IT employment in the US rose by 3.7% in December.

“As we closed out 2015, the rate of IT job growth slowed...