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

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

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

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

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

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

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

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...

Ireland – Job vacancies fall 1% in Q1, according to Irishjobs.ie

The number of job vacancies in Ireland decreased by 1% during the first quarter of 2019 when compared to the same period last year, according to the Q1 2019 IrishJobs.ie Jobs Index.

When compared to the previous quarter, job vacancies rose by 7%.

Tourism continued to be one of Ireland’s strongest performing...

UK – Amazon invests in Deliveroo (BBC News)

Online retail giant Amazon has announced that it has invested in human cloud food courier Deliveroo, BBC News reports. The exact figure was not given, but Amazon is the biggest investor in Deliveroo's latest round of fund raising, which in total raised £450 million. Deliveroo said it would use the money...

Netherlands – DPA Group Q1 revenue impacted by sale of business units

DPA Group (DPA: NL), the Dutch staffing firm, reported revenue for the first quarter ending 31 March 2019 of €36.7 million, an increase of 0.8% on an organic basis when compared to the previous year. On a reported basis, revenue was down by 7.8%.