March 7, 2019
The US equity markets briefly entered bear market territory in late 2018. The turbulence dragged down stock prices across numerous sectors, including staffing.
US IT staffing 2018/2019: Stocks out like a lamb; revenue growth in like a lion
5 March 2019
The US equity markets briefly entered bear market territory in late 2018. The turbulence dragged down stock prices across numerous sectors, including staffing.
CompTIA buys nonprofit IT careers program TechGirlz
5 March 2019
CompTIA, the nonprofit IT industry association, announced its tech workforce charity Creating IT Futures acquired TechGirlz, a nonprofit program designed to inspire middle school girls to explore careers in technology.
CTG completes Tech-IT acquisition
5 March 2019
CTG Inc. (NASD: CTG), a Buffalo, NY-based provider of IT staffing, on Feb. 6 completed its acquisition of Tech-IT PSA SA, a Luxembourg-based firm that provides IT consulting and solutions.
Investcorp buys majority stake in Revature, an IT training and staffing provider
5 March 2019
Private equity firm Investcorp acquired a controlling stake in Revature, an IT training and staffing firm based in Reston, Va. Revature’s founders remain as shareholders.
India-based TeamLease to acquire IT staffing business
5 March 2019
Indian staffing firm TeamLease Services entered into a definitive agreement with India-based eCentric that will see TeamLease, through its wholly owned subsidiary TeamLease Digital Private Limited, acquire eCentric’s IT staffing business.
Bills aim to help workers with H-1B visas get green cards
5 March 2019
Two bills that would remove per-country caps for employment-based green cards were introduced last month in the US House and Senate. The bills would make it easier for highly skilled workers such as those from India and China holding H-1B visas to get employment-based permanent green cards.
En-Japan acquires Indian IT staffing agency
5 March 2019
En-Japan Inc (4849:TYO), a recruitment and job information provider based in Japan, has acquired India-based IT staffing firm Future Focus Infotech.
ITServe Alliance seeks court ruling against USCIS policy on H-1B visas for IT consulting firms (Bloomberg Law)
5 March 2019
A group called the ITServe Alliance is trying to force a court ruling against US Citizenship and Immigration Services’ policy that imposed additional requirements for IT consulting firms seeking to employ workers on H-1B visas, which allow highly skilled professionals to work in the US on a temporary... More