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Gevity cutting 10% of internal staff

January 27, 2009

Gevity HR Inc. (NASD: GVHR) said today it will reduce internal headcount by approximately 10%. The Bradenton FL-based professional employer organization said the cuts are part of a plan to reduce annual operating costs by approximately $19 million, or 16% compared with 2008. Gevity said it will t...


Gevity cutting 10% of internal staff

January 27, 2009

Gevity HR Inc. (NASD: GVHR) said today it will reduce internal headcount by approximately 10%. The Bradenton FL-based professional employer organization said the cuts are part of a plan to reduce annual operating costs by approximately $19 million, or 16% compared with 2008. Gevity said it will...


U.S. leading index up 0.3%

January 26, 2009

The Conference Board's U.S. leading index of economic indicators rose 0.3% in December and now stands at 99.5 (2004=100). Real money supply helped boost the index. In addition, the December reading includes The Conference Board's annual revisions to the indexes to bring them up to date with chang...


Research from Staffing Industry Analysts

January 26, 2009

Here is the latest research from Staffing Industry Analysts. BRIEFING - Analysis of Kelly Services 4Q08 earnings release *Americas Commercial down 13% y/y, PTSA off 7.1% y/y*EMEA and APAC also slowing, but strong growth in Germany*Sharp deceleration in Outsourcing & Consulting Group INSIGHT - Int...


Medical Solutions revenue up 43%

January 26, 2009

Medical Solutions Inc., an Omaha NE-based healthcare staffing firm, said revenue rose 43% in 2008 to $43 million. The company also said it promoted Christy Johnston to the post of chief people officer and Craig Meier to VP of sales. Johnston has been with the company for almost four years and h...


The Mergis Group starts TARP team

January 26, 2009

The Mergis Group said it created a team to focus on staffing business related to the U.S. government's Troubled Assets Relief Program (TARP) and other government stimulus programs. The team's services will include executive recruitment and project management as well contingent staffing in account...


Caterpillar cuts 8,000 temps, contract workers

January 26, 2009

Caterpillar Inc. said it cut almost 8,000 temporary, contract and agency workers amid the economic slowdown, according to its fourth-quarter earnings release today. "While these workers are a key element of our 'flexible workforce' they are not included among the 112,887 full-time employees at ye...


Medical Solutions revenue up 43%

January 26, 2009

Medical Solutions Inc., an Omaha NE-based healthcare staffing firm, said revenue rose 43% in 2008 to $43 million. The company also said it promoted Christy Johnston to the post of chief people officer and Craig Meier to VP of sales. Johnston has been with the company for almost four years and has...


Caterpillar cuts 8,000 temps, contract workers

January 26, 2009

Caterpillar Inc. said it cut almost 8,000 temporary, contract and agency workers amid the economic slowdown, according to its fourth-quarter earnings release today. "While these workers are a key element of our 'flexible workforce' they are not included among the 112,887 full-time employees at...


The Mergis Group starts TARP team

January 26, 2009

The Mergis Group said it created a team to focus on staffing business related to the U.S. government's Troubled Assets Relief Program (TARP) and other government stimulus programs. The team's services will include executive recruitment and project management as well contingent staffing in accou...