NGS Group Q4 revenue plunges 27% amid reduced nurse hiring

NGS Group AB (NGS:STO), a provider of healthcare and education staffing based in Sweden, reported revenue of SEK 109.7 million (€9.8 million) for the fourth quarter ended 31 December 2023, a fall of 27.5% when compared to the same period a year ago.

CEO Erika Rönnquist Hoh said, “The fourth quarter...

Deel says Zaavy acquisition will expand global HR offerings

Deel, a global employer-of-record platform based in the US, acquired Zavvy, a Munich, Germany-based firm that provides an AI-powered platform that automates Slack and Teams messages for onboarding and preboarding; the firm also facilitates training, engagement surveys and employee self-evaluations. All...

Majority of UK tech hiring managers bullish on growth in 2024

Most tech hiring managers across the UK (75%) are confident in their organisation’s growth prospects this year, according to Robert Half’s 2024 Salary Guide, which analyses and reports on market salaries, hiring trends, and skills requirements across the UK.

The report showed half (50%) indicated...

Heidrick revenue up 7.4% with boost from acquisitions

Heidrick & Struggles International Inc. (NASDAQ; HSII) reported fourth-quarter net revenue rose 7.4% to $253.2 million. Executive search revenue fell in all regions, but revenue rose in both its on-demand talent and Heidrick consulting operations thanks to organic growth and acquisition.

Executive...

Pion Group Q4 revenue slips 8.9%

Pion Group (PION B:STO), a Sweden-based staffing provider previously known as Poolia AB, reported revenue for the fourth quarter ending 31 December 2023 of SEK 484.3 million (€43.2 million), a fall of 8.9% compared to the previous year.

The group said demand for its services stabilised during the fourth...

Workday moves further into ecosystem with HiredScore buy

Workday Inc. (NASDAQ: WDAY) struck a deal to acquire HiredScore, a sourcing automation tool that uses artificial intelligence to rank external and internal candidates, including contingent workers.

The deal is an example of how large firms are expanding their workforce ecosystem operations.

A recent...

Most UK firms that joined trial make 4-day week permanent

Most of the UK companies that took part in the world’s biggest ever four-day working week trial have made the policy permanent, reports The Guardian, citing research from thinktank Autonomy and researchers from the University of Cambridge, the University of Salford and Boston College. It found that...

Proman 2023 revenue rises amid acquisitions

Proman, the privately-owned staffing firm based in Manosque, France, reported revenue rose 9.85% in 2023 to nearly €4.11 billion (US$4.53 billion). The company, which ranks as 14^th-largest in the world, reported organic growth across its markets drove the increase as well as several acquisitions...

SD Worx reaches record full year revenue, growth at 10%

SD Worx, the Belgian-based HR solutions firm, announced it achieved consolidated revenue of €1.058 billion last year, an increase of 10% compared to 2022 (€962.1 million).

Consolidated normalised EBITDA grew 32.8% from €136.7 million in 2022 to €181.6 million in 2023.

The group also reported consolidated...

Freelance.com Q4 revenue growth boosted by domestic upturn

French talent platform Freelance.com (EPA: ALFRE) reported its fourth quarter and full year 2023 results. The group reported consolidated revenue of €239.8 million in Q4 2023, up 10% against the same period a year ago. Organic growth stood at 1%.

Full year organic revenue growth was 4%.

Revenue