Australia – Contract Watch: PersolKelly agrees to 3-year contract with JXT

Nvoi Ltd. (NVO:ASX), an Australian-based talent platform, announced that its subsidiary JXT, has signed a new three-year contract with PersolKelly, the joint venture between Kelly Services and Persol Holdings.

JXT is a digital marketing solutions provider for recruiters and corporate hiring teams based...

India – Info Edge second-quarter revenue falls 19.1%

Info Edge India Ltd (NAUKRI:NSI), the Indian job board, reported unaudited standalone results today with revenue from operations for the second-quarter ended 30 September 2020 of INR 2.56 billion (USD  34.4 million), down 19.1% compared to the same period last year.

India – TeamLease Q2 revenue slips 11.7%

TeamLease Services Ltd (TEAMLEASE:NSI), the India-based staffing firm, reported standalone revenue from operations (net of taxes) of INR 10.28 billion (USD 138.3 million), down 11.7% year-over-year in its fiscal second quarter ended 30 September 2020.

Japan – Matching Service Japan H1 revenue and profits plunge

Matching Service Japan (6539:TYO), a recruitment firm based in Japan, reported revenue of JPY 1.63 million (USD 15.5 million) for the first six months ended 30 September 2020, a fall of 19.9% compared to the previous year. 

Japan – Crie Anabuki H1 revenue slides 1.8%, but profits up

Japanese HR services provider Crie Anabuki (4336: JP) reported revenue for the six months ended 30 September 2020 of JPY 3.13 billion (USD 29.7 million), a decrease of 1.8% compared to the same period last year.

Japan – UT Group to acquire Japanese personnel dispatch company Seekel

UT Group, a Japan-based manufacturing dispatching firm announced it has acquired Seekel, a Japanese company also involved in personnel dispatching as well as outsourcing.

The price of the acquisition is JPY 1.71 billion (USD 16.2 million).

Seekel, established in 2019, dispatches about 1,000 workers mainly...

Japan – Persol second-quarter revenue hit by pandemic but staffing business grows

Japanese staffing giant Persol (2181: JP), reported revenue today for the second quarter ended 30 September 2020 of JPY 227.5 billion (USD 2.16 billion), a decrease of 6.6% compared to the same period last year.

In Q2, sales of Career SBU and APAC SBU decreased significantly due to the termination of...

Japan – Altech Corp. revenue increases 2.5%

Japanese technical staffing firm Altech Corp. (4641:JP) reported revenue for the nine months ended 30 September 2020 of JPY 25.97 billion (USD 246.8 million), an increase of 2.5% when compared to the same period last year.

Japan – MRT revenue and profits on the rise

Japanese medical recruitment services firm MRT Inc. (6034: TYO) reported revenue of JPY 1.92 billion (USD 18.3 million) for the nine months ended 30 September 2020, up 5.7% compared to the same period last year.

India – Naukri reports fall in hiring activity

Hiring activity in India fell by 17% in October 2020 when compared to the same period last year, according to the latest Naukri JobSpeak Index. The Index covers hiring trends in India based on listing on the Naukri.com job board.When compared to the same period last year, industries such as insurance...