Former Korn Ferry exec asks court to toss his prison sentence in database access conviction

Former Korn Ferry executive David Nosal asked the US District Court in San Francisco to throw out a one-year prison sentence. Nosal was convicted by a jury in 2013 for violations of the Computer Fraud and Abuse Act because his colleagues accessed information on a Korn Ferry database in 2005. This was...

Private equity firm makes first foray into PEO market with MatrixOneSource acquisition

Private equity firm GPB Capital Holdings LLC purchased a majority stake in MatrixOneSource, a PEO based in Jacksonville, Fla. The deal marks New York-based GPB’s first foray into the PEO sector, and creates a platform in which to integrate possible future acquisitions.

“The investment in MatrixOneSource,...

Aleron, the new brand for Superior Group, names CIO and sales exec

Aleron — a new brand that encompasses the group of companies previously known as Superior Group — announced this week the hiring of a chief information officer and a new VP of enterprise sales strategy and delivery.

Peter Capelli was named as chief information officer. Capelli most recently served...

People: ConsultNet, MDI Group, Diversified Staffing Group, Alexander Mann, AtWork and more

ConsultNet, a provider of IT staffing and solutions, named Marnie Nuttall as its new CFO. Nuttall brings more than 25 years of executive accounting and finance leadership experience. She most recently served as CFO at Central Logic, and had also served as CFO at Echopass Corp. ConsultNet, based in South...

Former contract recruiter sues staffing firm, buyer claiming racial discrimination (The Herald-Sun)

A former contracted recruiter sued Cisco Systems and Randstad this week in North Carolina claiming racial discrimination, according to The (Durham, NC) Herald-Sun newspaper. Michelle Brief-McGurrin claimed in the lawsuit that she was terminated because she complained about racial discrimination in Cisco’s...

Softbank closes on deal to acquire 15% of Uber (Forbes)

Softbank closed Thursday on its deal to buy a stake in human cloud, ride-sharing firm Uber, according to an article in Forbes. The deal gave Softbank 15% of Uber and valued the company at $48 billion — a discount from the previous valuation of $69 billion. Approximately $9 billion was invested in the...

Talent is top C-suite concern, will use more contingent workers, Conference Board report finds

CEOs are more optimistic about the global economy this year, but attracting and retaining talent remains the top concern for CEOs as well as the entire C-suite, according to The Conference Board’s “C-Suite Challenge 2018” report. Executives are also looking at greater use of nontraditional workers,...

Labor markets tight, but wage increases remain modest, Beige Book says

Labor markets remained tight, but wage increases were modest despite firms saying difficulty in hiring workers has constrained expansion, according to the US Federal Reserve’s Beige Book report released yesterday. It covers the US economy from late November through the end of the year.

“Only one manufacturing...

Three in 10 workers to seek new jobs; résumé length less important, Accountemps says

Approximately three in 10 workers, 29%, plan to look for a new job in the next 12 months, according to a survey by Accountemps, a division of Robert Half International Inc. (NYSE: RHI). Los Angeles had the highest percentage of workers planning to seek new jobs, 40%, among the 27 markets surveyed.

The...

Human cloud firm Hyr raises $1.3 million for platform that offers gig workers benefits

Human cloud firm Hyr raised $1.3 million in seed funding round led by venture capital firm Flybridge Capital Partners, according to media reports.

Hyr seeks to match workers with shifts at hospitality companies. And the new funding round brings total funding to $2.4 million, Jesse Middleton, a general...