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World – Monster for sale?
9 March 2012Monster Worldwide (MWW:NYS), the online recruitment firm, announced earlier this week that it had retained financial advisers from BofA Merrill Lynch and Stone Key Partners LLC in order to review “strategic alternatives.” The news has sparked rumours that the company might consider selling all or...
US – Attorney Sues Staffing Exec Over Taxes
8 March 2012The operator of two staffing firms in the Lancaster County, Penn., area faces a maximum of five years in prison and a $100,000 fine if convicted for not paying $229,177 in federal employment taxes, the U.S. Attorney’s Office for the Eastern District of Pennsylvania reported Wednesday.
Kim Yoeun, 49,...
US – Korn/Ferry Revenue Edges Down
8 March 2012Korn/Ferry International Inc. (NYSE: KFY) reported today fee revenue fell 0.3 percent to $186.0 million in its fiscal third quarter ended Jan. 31, 2012, from $186.5 million in the year-ago quarter.
The Los Angeles-based executive search firm reported first-quarter North America executive search revenue...
US – ADP: Private Sector Adds 216,000 Jobs
7 March 2012U.S. private-sector employment rose by 216,000 in February, seasonally adjusted, according to the national employment report released today by Automatic Data Processing Inc. (NASD: ADP). Meanwhile, January’s employment growth was revised upward to 173,000, from the initially reported 170,000.
The service-providing...
UK – Interquest revenue up but posts net loss
7 March 2012The specialist IT recruitment group Interquest (ITQ:LSE) reported on Wednesday that revenues in 2011 were up +8% to £120.9 million from £112.2 million in 2010 but the firm recorded a net income loss of over £1 million.
Audited results for the year ended 31 December 2011 show that gross profit increased...
US – Cross Country Revenue Rises 10%
6 March 2012Cross Country Healthcare Inc. (NASD: CCRN) reported fourth-quarter revenue rose 9.7 percent to $124.7 million from $113.7 million in the year-ago quarter.
The Boca Raton, Fla.-based healthcare staffing firm reported fourth-quarter revenue in its nurse and allied staffing division rose 18.3 percent on...
UK – Michael Page sees no further slowdown in 2012
6 March 2012Michael Page International Plc (MPI:LSE), the specialist professional recruitment company, announced on Tuesday that revenues in 2011 went up +22.4% to £1.019 million from £832.3 million in 2010. Despite the “challenging” economic backdrop, the firm was “delighted” with its performance in the...
US – Staffing Firm to Pay $148,000 in Pregnancy Suit
5 March 2012A federal judge ordered HCS Medical Staffing, a Milwaukee healthcare staffing firm, to pay $148,000 to settle a pregnancy discrimination case, the U.S. Equal Employment Opportunity Commission reported Friday.
The lawsuit alleged HCS owner Charles Sisson discriminated against Roxy Leger, the company’s...
UK – Hydrogen profits up in 2011
5 March 2012The international recruitment firm Hydrogen (HYDG:LSE), today announced its preliminary results for the year ended 31 December 2011, which saw revenue go up +27% to £156.2 million from £123.4 million in the previous year.
The Group also reported an +8% increase in net fee income which reached £29.8...
Netherlands – USG People misses expectations
2 March 2012USG People N.V. (USG.AEX), the multi-brand staffing, secondment and HR services group missed expectations for Q4 2011 as revenues declined due to lower demand in the industrial sector and the Dutch public sector although for the full year revenues were up +5% amounting to €3.2 million from €3.09...