World – Uber revenue up 20% in Q1, but posts net loss of $1.01 billion

Revenue rose 20% at Uber Technologies Inc. (NYSE: UBER) in the company’s first quarter ended 31 March 2019, the US-headquartered human cloud firm reported Thursday afternoon. However, it posted a net loss of $1.01 billion.

The company had its initial public offering earlier this month.

Revenue

Netherlands – Dutch Senate approves new law restoring 36-month duration for fixed-term contracts

The Dutch Senate approved new legislation this week which extends the duration of fixed-term contracts to 36 months. The new law, called the ‘Labour Market in Balance Act’, will take effect from 1 January 2020.

The new legislation is a reversal of the Dutch Work and Security Act, which made significant...

UK – Migration Advisory Committee recommends adding new job roles to shortage occupation list

The UK Migration Advisory Committee published its review of the shortage occupation list, adding veterinarians, web designers and architects.

Alongside the occupations which have been added to the list, many have been expanded to include all roles within that occupation.

This means the list will now cover...

UK – Majority of tech workforce prepared to leave the UK for overseas opportunities

The majority, or 75%, of the UK’s tech workers are willing to leave for the UK for better opportunities elsewhere, according to research by Boston Consulting Group and job site Totaljobs.

The study of 27,000 tech and digital workers found that digital experts are among the most in-demand workers but...

World – Global staffing revenue totals $490 billion, but will decelerate this year

The global staffing industry generated $490 billion in revenue worldwide in 2018; growth of 5% compared to the previous year, according to a new report by Staffing Industry Analysts, the “Global Staffing Industry Market Estimates and Forecast: May 2019 Update.” But revenue growth is expected to decelerate...

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...