Australia – Recruitment firm GO2 People settles alleged unfair preference claim

GO2 People Ltd. (GO2:ASX), a Perth, Australia-based recruitment firm reported it settled proceedings related to an alleged unfair preference claim.

The proceedings alleged GO2 People received payments from VCS Civil and Mining Pty. Ltd. prior to the mining company being placed into administration, according...

Australia – Labour hire operators get prison for tax scheme

Three operators of labour hire companies in South Australia and Queensland received prison sentences for conspiring to defraud the government of AUD 4.6 million, the Australian Taxation Office announced.

It reported the three operators formed labour hire companies to provide workers to vineyards, fruit...

India – Cognizant to pay USD 95 million to resolve shareholder lawsuit

Cognizant Technology Solutions Corp. reached a USD 95 million settlement resolving a lawsuit brought by shareholders, according to a filing with the US Securities and Exchange Commission.

Reuters reported the suit accused Cognizant of defrauding shareholders by concealing bribes to officials in India....

Australia – Covid lockdowns impact job ad demand in August: Seek

Covid-19 lockdowns are impacting employment demand with job ad volume in Australia falling by 5.3% in August when compared to July, according to the Employment Report released Thursday by job board operator Seek.

“Covid-19 restrictions continued to have a major impact on the labour market in August...

Australia – Staffing firm WorkPac raises AUD 20 million, weighs IPO: Report

Australian staffing firm WorkPac, which provides professional and industrial workers, raised AUD 20 million in a convertible note and is weighing an initial public offering, according to a report in the Financial Review. The publication cited a report with the Australian Securities and Investments Commission...

India – Hiring activity rises 89% year over year (Mint)

Hiring activity surged in August, growing 89% year over year, Mint reported, citing the Naukri JobSpeak hiring index. Compared to August 2019, hiring was up 24%. “Hiring was led by IT sector companies, growing 79% in August compared to August 2019,” according to Mint. “Jobs in the education sector...

Australia – Number of workers with more than one job rises to 6.5% in last quarter

The proportion of employed people in Australia working more than one job increased to 6.5% in the quarter ended June 30, according to data from the Australian Bureau of Statistics released this week. This was 0.6 percentage point above the start of the pandemic and the highest since the series started...

Japan – UT Group to acquire 51% stake in IT, office staffing provider

UT Group Co. Ltd. (2146:TYO) announced last month it is acquiring a 51% stake in Fujitsu FSAS Creative Inc., a provider of office staff and IT and communications-related engineers. Fujitsu FSAS also provides outsourced help-desk operations.

Fujitsu FSAS Creative, based in Kawasaki, Japan, posted net sales...

Japan – Artner upwardly revises forecast for full-year sales

Artner Co. Ltd. (2163:TYO) on Wednesday raised its forecast for sales in its fiscal year ending 31 January 2022. The Yokohama, Japan-based staffing firm now expects sales of JPY 7.99 billion (USD 72.6 million), an increase of 4.2% from its earlier forecast of JPY 7.67 billion (USD 69.7 million).

The new...

India – Gigforce raises USD 3 million in funding round (Mint)

Talent platform Gigforce announced a USD 3 million funding round, Mint reported. Gigforce, based in Gurugram, India, provides vetted and trained workers to companies. “While there are players focusing on recruitment (discovery), fulfillment or adjacent services, there’s no market leader for on-demand,...