May 30, 2013
Publicly traded information technology staffing companies’ first quarter results were a mixed bag. Also in this issue: Luxoft Holding Inc., an information technology software and service provider, filed for an initial public offering; IGate Corp. terminates president and CEO; and more.
US public IT staffing firms Q1 revenue mixed bag; Worldwide IT services revenue up 3.8%
28 May 2013
Publicly traded information technology staffing companies’ first quarter results were a mixed bag in the first quarter of 2013 compared to the same quarter in 2012.
IT software, services firm plans IPO
28 May 2013
Luxoft Holding Inc., an information technology software and service provider, filed for an initial public offering, according to a filing with the U.S. Securities and Exchange Commission.
IGate terminates CEO’s employment
28 May 2013
IGate Corp. (NASD: IGTE) terminated president and CEO Phaneesh Murthy citing an internal investigation over an employee claim of sexual harassment, the company announced on May 20.
IT staffing revenue growth remains strong
28 May 2013
Information technology staffing firms taking part in Staffing Industry Analysts’ latest monthly Pulse Survey reported year-over-year revenue growth of 17 percent in March, unchanged from 17 percent in February.
Bill called good first step for H-1B users
28 May 2013
The U.S. immigration bill approved by the Senate Judiciary Committee on May 21 would raise the annual cap on H-1B visas used to allow highly skilled workers, a move lauded by industry.
M&A: CSC sells division, Fahrenheit IT buys Chicago firm
28 May 2013
Recent deals involving information technology services firms include Computer Sciences Corporation (NYSE: CSC) striking a deal to sell its applied technology division and Fahrenheit IT Staffing and Consulting, a division of Global Employment Solutions, acquiring IT staffing firm Indecon Solutions.
Contract watch: Sevatec
28 May 2013
Sevatec Inc. received a $117.0 million contract with the U.S. Department of Transportation.
CIO poll: Mobile, big data demand jumps
28 May 2013
Mobile solutions and big data are among the skills experiencing the fastest increase in demand among CIOs across the globe, according to a CIO survey by information technology services firm Harvey Nash.
IT consultant describes experience
28 May 2013
Four years ago, I arrived in the United States with an information technology degree from a top university in India and a dream of becoming a software architect. Since then, I have been pursuing this dream with the help of staffing firms.
Australian IT recruitment profitability falls
28 May 2013
A recruitment industry benchmarking report in Australia and New Zealand shows a weak quarter for the industry between January and March this year with profitability across the sector plummeting 53 percent on the same quarter last year.