UK – Indeed to acquire online staffing platform Syft

Jobs site Indeed, part of Recruit Holdings, announced that it has signed an agreement to acquire Syft, an online recruiting platform for the hospitality, event and light industrial sectors in the UK. 

Financial details of the transaction were not disclosed.

Founded in 2015, Syft enables hospitality...

Denmark – Jobindex considers sale or merger of subsidiary Jobbsafari in Sweden

Danish job board Jobindex (JOBNDX: CPH) announced that it is undertaking a strategic review of the opportunities in the Swedish market, including the opportunities to sell or merge its subsidiary Jobbsafari with other job sites in the Swedish market. 

The company added that the strategic review...

Germany – Unemployment rate rises for the first time in five years

Germany’s jobless rate rose in May to 5.0%, up slightly from the previous month’s 4.9%, according to data from the Federal Employment Agency. The uptick in unemployment was the first increase in more than five years.

“We are seeing the first effects on the job market of a slightly weaker economic...

UK – Job growth in the Midlands driven by technology, media & telecoms sector

Professional job availability across the Midlands region in the UK remains strong, with Birmingham, Nottingham and Leicester creating plenty of opportunities within region, according to new data from the Association of Professional Staffing Companies (APSCo), based on research undertaken by Vacancysoft....

UK – Employer confidence remains in limbo due to Brexit deadlock

Employer confidence in the UK economy in May remains in limbo due to uncertainty even after the UK’s date for leaving the EU was postponed, according to the latest JobsOutlook report from the Recruitment and Employment Confederation.

The report found that employer confidence remained close to the record...

Switzerland – Egon Zehnder buys a minority stake in Swiss firm that uses AI to improve workplace culture

Egon Zehnder, a US-based executive search firm, acquired a minority stake in Sinequanon, a firm that uses artificial intelligence to improve workplace culture.

Sinequanon is a privately held company founded in 2015 and based in Zurich, Switzerland. It also has operations in South Africa and the Czech...

World – Migration policy affects the attractiveness of OECD countries to international talent, report finds

Most countries can increase their attractiveness by offering better residence conditions to highly qualified migrants and their family members, according to a new report from the Organisation for Economic Co-operation and Development.

The report, OECD Indicators of Talent Attractiveness, found that the...

UK – Employees working more hours, but struggle to make ends meet, CV-Library finds

The majority, or 64%, of UK employees, are working more hours than they’re contracted to, however, 55% struggle to make ends meet at the end of each month, according to research from job board CV-Library.

The study surveyed 1,200 working professionals and also found that 36.7% work 1-3 hours extra per...

UK – Russell Taylor Holdings acquires Perpetual Partnerships

Russell Taylor Holdings Ltd, a UK-headquartered engineering, construction and logistics recruiter, has acquired Cheshire recruitment firm Perpetual Partnerships.

Financial details of the transaction were not disclosed.

Perpetual Partnerships, the recruitment arm of the Cygnet Group, an engineering business...

Sweden – Hedera Group to acquire auto insurance firm Assistansbolaget

Swedish recruitment services firm Hedera Group announced that it has signed a Letter of Intent to acquire Assistansbolaget, an automotive insurance agency based in Sweden.

The expected purchase price amounts to SEK 20 million (€1.8 million).

Assistansbolaget has a turnover of approximately SEK 100 million...