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UK – Number of NEETs down in March

21 May 2019

The number of young people aged 16 to 24 years in the UK who were not in education, employment or training (NEET), decreased by 34,000 in the period from January to March 2019, when compared to the same period last year, according to data from the Office of National Statistics.

The percentage of all young...


South Africa – Adcorp Holdings full year revenue down 1.7% but recovers from net loss

20 May 2019

South Africa-based workforce management solutions group Adcorp Holdings Ltd. (ADR: JSE) reported revenue declined 1.7% to ZAR 15.0 billion (USD 1.04 billion) for the year ended 28 February 2019.

The decline in revenue was primarily as a result of the headcount volume reduction in the company's Temporary...


France – Freelance.com first quarter revenue rises 25.1%

20 May 2019

French online staffing platform Freelance.com (EPA: ALFRE) reported revenue of €53.7 million for the first quarter of 2019 ended 31 March 2019, an increase of 25.1% when compared to the previous year.

In France, Freelance.com achieved consolidated revenue of €40.1 million in the first quarter of 2019....


Israel – Online staffing platform Fiverr files for IPO, reports net loss increased to $36.1 million last year

20 May 2019

Online staffing provider Fiverr International Ltd filed a registration statement with the US Securities and Exchange Commission for its proposed initial public offering. Fiverr, which is headquartered in Tel Aviv, Israel, intends to list its ordinary shares on the New York Stock Exchange under the ticker...


Sweden – Hedera Group CEO resigns

20 May 2019

Swedish recruitment services firm Hedera Group announced that CEO Maria Nordin has resigned from her role.

Nordin will remain as the CEO until a new successor is appointed, however, the group added that this will be no later than 15 November 2019.

According to Hedera Group, Nordin decided to terminate...


Norway – Demand for contract professionals surges in Norway as economic growth continues

20 May 2019

Growth in economic activity has led to a surge in demand for contract professionals in Norway, according to statistics from 6CATS International, a supplier of international contractor management solutions.

Data from 6CATS revealed that Norway saw a 170% increase in freelance professionals working in the...


UK – Staffline downgrades profit outlook over Brexit uncertainty

17 May 2019

Staffline, the UK-based staffing and employability organisation provided a trading update today issuing a warning on profits due to the ongoing uncertainty surrounding the UK’s decision to leave the EU.

The group said it downgraded its forecast and expects to deliver adjusted EBIT in the range of £23...


UK – HMRC wins two tax avoidance cases over use of offshore trusts

17 May 2019

The HMRC has successfully argued two cases in the First-tier Tribunal involving the use of offshore trusts to avoid tax and National Insurance Contributions (NICs).

The case was brought against Hyrax Resourcing Limited and Curzon Capital Limited. The Tribunal decided in both cases that the disguised remuneration...


Netherlands – DPA Group shareholders approve CEO reappointment

17 May 2019

The shareholders of Dutch staffing firm DPA Group approved the reappointment of Eric Winter as member of the Executive Board in the position of CEO at its annual meeting.

The Supervisory Board previously submitted the reappointment of the CEO for a period of four years to the Works Council, which advised...


UK – James Caan partners with US-based recruitment firm FPC Worldwide

17 May 2019

UK entrepreneur and former BBC Dragons' Den star James Caan announced a strategic alliance with US-based recruitment franchise FPC Worldwide.

Caan said the strategic alliance with FPC will help expand their footprint in the US and open new markets internationally.

FPC Worldwide was founded in 1959 and...