India – Infosys revenue up 18.8%, reports strong demand pipeline

India-based IT services giant Infosys Ltd. (NYSE: INFY) reported revenue on a US dollar basis rose 18.8% in constant currency in its fiscal second quarter ended 30 September 2022.

“While concerns around the economic outlook persist, our demand pipeline is strong as clients remain confident in our ability...

Japan – Pasona Group first quarter revenue ticks up 0.2%, growth in outsourcing offsets decline in temp staffing

Pasona Group Inc. (2168:TYO), a Tokyo-based staffing firm, reported revenue rose slightly by 0.2% year over year in its fiscal first quarter ended 31 August.

Gross profit increased due to sales growth in the outsourcing business, which has a high gross profit margin.

Japan – 104 Corp publishes September update, revenue rise 21.8%

Job board 104 Corp (3130: TAI) published an update for the month of September 2022.

The group posted revenue in September 2022 of TWD 196.8 million (USD 6.1 million), an increase of 21.8% compared to the same period in 2021.

The accumulated revenue to September totalled TWD 1.65 billion (USD 51.6 million),...

South Korea – Number of temporary workers down 2.4% in September, unemployment rate shows improvement

The number of temporary workers in South Korea reported a decline of 2.4% year over year to 4.77 million in September 2022, according to data from Statistics Korea.

When compared to the previous month the number of temporary workers in South Korea was unchanged.

Labour market data from Statistics Korea...

Australia – Job ads rise 15.5% in September, Victoria leads the way

Job ads on job board Seek Australia were up by 15.5% in September 2022 when compared to September 2021.

When compared to the previous month, job ads were down 5.2%. Seek said the additional national public holiday (a national day of mourning for Queen Elizabeth II) had an impact on hiring activity in...

India – IT services: Wipro, TCS announce earnings; Infosys president resigns

IT services giants Wipro Ltd. (NYSE: WIT) and Tata Consultancy Services Ltd. announced second-quarter earnings. In addition, Infosys Ltd. (NYSE: INFY) reported its president stepped down.

Wipro Ltd. 

Wipro Ltd. yesterday reported revenue rose 14.6% year over year in its fiscal second quarter ended...

Japan – Dip Corp H1 revenue climbs 35.2% as profits rally amid recovery in recruiting and digital transformation businesses

Japanese staffing firm and job board Dip Corp. (2379: JP) reported revenue today for the first six months ended 31 August 2022 of JPY 23.82 billion (USD 162.3 million), an increase of 35.2% compared to the same period last year.

The group said revenue growth was due to the steady recovery of the personnel...

Japan – Media Five first quarter revenue slips 2.2%

Media Five (3824: JP), a Japanese firm that provides engineers to the IT industry, reported revenue today for the first quarter ended 31 August 2022 of JPY 433 million (USD 2.9 million), down 2.2% compared to last year.

Japan – Mirai Works acquires Hive

Japan-based HR services firm Mirai Works announced that it has acquired a 100% stake in Hive Co Ltd., a company also based in Japan.

Hive, founded in 2015, is involved in website design production and operation system development as well as an employment placement business.

Financial details were not disclosed....

Asia Pacific – Cave Co dissolves its Vietnamese temporary staffing business

Cave Co, a Japan-based entertainment company, announced that it has dissolved and liquidated its consolidated subsidiary, Vietnam-based Fivestar bank co., ltd., a company that provides temporary staffing.

Fivestar plans, produces, manages, and markets entertainment content, including mobile media and...