Survey opens for 2024 List of SIA's largest and fastest-growing staffing firms

Staffing Industry Analysts’ annual survey to determine the largest and fastest-growing staffing firms for 2024 is now open.

SIA compiles and publishes the List of Largest and Fastest-Growing Staffing Firms each year, based on this annual survey. The list is also based on our own industry research. ...

Groupe Crit completes due diligence in Openjobmetis deal

Openjobmetis announced that French staffing firm Groupe Crit has finalised the due diligence process regarding acquisition plans for the Italian staffing firm.

In December, Groupe Crit announced the signing of a Memoranda of Understanding to acquire Openjobmetis. The acquisition would be carried out in...

New research highlights AI’s strengths and weaknesses in occupational evaluations

New research into AI’s role in analysing prestige and social value in job occupations shed light on the potential for risks of using such methods for sociological and occupational research, according to the International Labour Organisation (ILO).

The research, ‘A Technological Construction of Society:...

Foreign workers face discrimination in Germany (Reuters)

While Germany is still an attractive destination for skilled workers from abroad, migrants report racism and discrimination in everyday life, according to Reuters, citing the Organisation for Economic Cooperation and Development (OECD). Having tracked the careers of 30,000 highly qualified people who...

Deutsche Bank to cut 3,500 jobs over next two years (BBC)

German banking giant Deutsche Bank said yesterday it would cut 3,500 jobs worldwide by the end of next year, reports BBC. Staff have already endured cuts as the bank attempts to reassure investors by slimming down the business. The banking industry has seen a fall in takeovers and share listings, which...

Robert Half revenue down in Q4 but notes ‘positive backdrop’ going into 2024

Robert Half Inc. (NYSE: RHI) reported that it sees a more positive backdrop heading into this year when it announced fourth-quarter earnings on 30 January, though Q4 revenue fell 15.2% year over year when adjusted for the effects of currencies and billing days.

“We delivered above-consensus top- and...

International markets boost Synergie Q4 turnover growth

Fourth-quarter turnover increased by 7.3% at Synergie SE (SDG:PAR), the Paris-based staffing firm, to €803.2 million with growth in international markets more than offsetting a decline in France.

For the full year 2023, revenue rose by 6.6% with growth in both international and domestic markets.

International...

LinkedIn revenue better than expected in fiscal Q2

LinkedIn beat revenue expectations in its fiscal second quarter ended 31 December 2023, according to parent company Microsoft Corp. (NASDAQ: MSFT).

“LinkedIn revenue increased 9% and 8% in constant currency, ahead of expectations driven by slightly better-than-expected performance across all businesses,”...

FDM Group still sees emerging confidence, revenue up 2%

FDM Group (Holdings) plc, a global provider of IT staffing on a recruit-train-deploy basis, reported business conditions were difficult across its global markets in 2023, but there are signs clients are becoming more confident. However, the company recorded fewer consultants on assignment at the end...

SIA announces new president, chief analyst

Staffing Industry Analysts announced the promotion of Ursula Williams to president. Williams will take over from Barry Asin, who will move into the role of chief analyst. This restructuring aims for greater alignment of responsibilities as well as enhanced positioning for SIA’s future plans.

Williams...