Australia – Freelancer H1 revenue up 5.1% but EBITDA loss doubles

Australia-based Freelancer (FLN: ASX) reported net revenue for the six months ending 30 June 2022 of AUD 29.2 million (USD 20.3 million), up 5.1% compared to the same period last year.

Philippines – Department of Labour and Employment to collaborate with other agencies to upskill workers

The Department of Labour and Employment in the Philippines will join forces with other agencies to further enhance the skills of Filipino workers.

Secretary Bienvenido Laguesma said employees with additional skills would have better and higher-paying opportunities.

“With the Technical Education and Skills...

Australia – Workforce Australia job agencies lobbied against proposed rule preventing them from referring jobseekers to their own training courses (The Guardian)

The employment services industry successfully lobbied to stop a proposed rule banning providers from referring jobseekers to their own training courses under the new AUD 1.5 billion (USD 1.0 billion)-a-year Workforce Australia model. The Guardian Australia reports that the department of employment last...

India – Infosys revenue up 21.4% in fiscal Q1, firm is investing in talent expansion

IT services giant Infosys Ltd. (NYSE: INFY) reported revenue as measured in US dollars rose 21.4% in constant currency in its fiscal first quarter ended 30 June.

“We are investing in rapid talent expansion while ensuring rewarding careers for our employees to better serve evolving market opportunities,”...

India – Tech Mahindra revenue rises in fiscal first quarter, but profit after tax falls

Revenue at IT services firm Tech Mahindra Ltd. rose 3.5% year over year as measured in US dollars and in constant currency in its fiscal first quarter ended 30 June. On a reported basis, not constant currency, revenue rose 18.0%. However, profit after tax fell.

As measured in Indian rupees, revenue rose...

Australia – Hiremii fourth quarter revenue soars with boost from acquisition and candidate placement growth

Hiremii, an Australia-based staffing platform for temporary and permanent hiring provided an update for the fourth quarter ended 30 June 2022.

For the fourth quarter, the group reported revenue of AUD 4.2 million (USD 2.9 million), an increase of 152% compared to AUD 1.6 million (USD 1.1 million) last...

Singapore – Online recruitment edges up by 11% led by the education sector

Online recruitment in Singapore saw an 11% increase in hiring activity in May 2022 when compared to May 2021, according to the Monster Employment Index.

The Monster Employment Index (MEI) moved to 147 in May 2022 from 132 in May 2021.

Over the month, the Index was unchanged.

According to the Index, there...

China – Renui HR issues H1 profit warning with revenue expected to decline

Renrui Human Resources Technology (6919: HKG), a mainland China-based flexible staffing service provided a business update on Friday for the six months ended 30 June 2022.

The group said it expects to record revenue of RMB 1.70 billion to RMB 1.80 billion (USD 251.94 million to 266.7 million) for the...

Australia – Ashley Services appoints new CFO and Executive Director

Australian training and labour hire firm Ashley Services (ASH: ASX) announced today the appointment of Paul Brittain as Chief Financial Officer and an Executive Director.

Brittain is a Chartered Accountant who worked with Touché Ross in the UK and Deloitte in Sydney and has over 30 years’ experience...

Asia – Google shuts down its Kormo jobs site in Asia

Google shuttered its Kormo Jobs site on June 30. The company said Kormo had supported a network for more than 4.5 million job seekers in India, Indonesia and Bangladesh.

“While Kormo Jobs had been deprecated, we’re working to better serve job seekers at greater scale across our broader products and...