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Heidrick general counsel, CAO steps down

January 5, 2018

Executive search firm Heidrick & Struggles International Inc. (NASD: HSII) announced Stephen Beard, executive VP – general counsel and chief administrative officer, will leave the firm Jan. 31 to pursue other opportunities.

The chief administrative officer role will be eliminated. Kamau Coar, VP...


People: QPS, Peak Health Solutions, Cornerstone, Heidrick, Career Partners International and more

January 5, 2018

QPS Employment Group, a Wisconsin-based staffing firm, promoted Jeri Meyers to executive VP of sales. Meyers joined QPS in 1996 as a sales representative and eventually created a division focused on professional-level direct hires. She was promoted to regional VP and then senior regional VP before being...


Former Uber CEO Travis Kalanick to sell 29% of his stake (Bloomberg)

January 5, 2018

Bloomberg reported Uber co-founder and former CEO Travis Kalanick plans to sell about 29% of his stake in the human-cloud, ride-sharing company for about $1.4 billion to SoftBank Group Corp. and a consortium of investors who have agreed to buy equity valuing Uber at $48 billion. Kalanick, who owns 10%...


Resources Connection revenue rises 6.2%, European business drives growth

January 4, 2018

Professional staffing provider Resources Connection Inc. (NASD: RECN) reported revenue rose 6.2% in its fiscal second quarter ended Nov. 25, with a lion’s share of the growth coming from Europe.

(US$ thousands) Q2 2018 Q2 2017 % change % change constant currency
Revenue $156,738 ...


US private sector adds 250,000 jobs in December, the most since March

January 4, 2018

US private-sector employment rose by 250,000 jobs in December from November, with much of the gains in the service sector, according to the ADP National Employment Report. It was the largest month-over-month gain since March.

“We've seen yet another month where the labor market has shown no signs of...


Addison Group names former CDI exec as chief information officer

January 4, 2018

Addison Group, a Chicago-based firm that ranks as the 11th-largest finance/accounting staffing provider in the US, named Steven Levenkron as chief information officer. CIO is a new role for the firm, and Levenkron will oversee the team responsible for Addison Group’s network services, infrastructure,...


Wapiti Medical Staffing acquires Iowa-based Emergency Practice Associates

January 4, 2018

Wapiti Medical Staffing acquired the assets of Emergency Practice Associates, an Iowa-based provider of hospital emergency medicine practice management and staffing services.

The transaction closed Jan. 1 and terms were not disclosed.

Emergency Practice Associates provided temporary healthcare staffing...


Koya Leadership Partners acquires recruiting firm ReWork

January 4, 2018

Newburyport, Mass.-based Koya Leadership Partners, a retained executive search firm serving the nonprofit sector, acquired New York-based recruiting firm ReWork and its sourcing platform technology to bolster its pipeline of millennial talent.

Koya places mostly seasoned, C-suite executives, and because...


Didi Chuxing to buy Uber rival in Brazil for $600 million (The New York Times)

January 4, 2018

Chinese ride-hailing giant Didi Chuxing agreed to acquire full control of 99, a Brazil-based human cloud, ride-sharing firm and main rival to Uber in Brazil, for approximately $600 million, The New York Times reported, citing people with knowledge of the transaction.


Temp revenue growth decelerates to median 5% in November, Pulse survey finds

January 3, 2018

US temporary staffing revenue rose a median 5% year over year in November — a deceleration from October’s 7% rate — among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse survey.

“Healthcare staffing firms continued to report robust expansion, with three sub-segments indicating...