GO2 People, a provider of vertically integrated recruitment and building services throughout Australia and New Zealand, published an update for the first quarter ended 30 September 2021.

Since the Skill Hire merger became effective on 1 June 2021, the company said it has been focusing on successfully integrating the GO2 and Skill Hire businesses.

According to the group, in addition to efforts focused on client retention, significant work has been undertaken in rationalising the businesses, with approximately AUD 1.76 million (USD 1.32 million) in annual wages and on-costs having been removed.

During the quarter, significant management time and focus was devoted towards compiling and submitting the group’s Federal Government tender for Transition to Work services which was lodged in late September, with contract awards expected to be announced in December 2021.

In addition, GO2 People said ‘substantial resources’ were applied to securing several commercial recruitment and training contracts in industries with ‘entry level’ occupations that will add significant value to the Transition to Work contracts, should the company be successful in its tender.

During the quarter, Shawn Murphy assumed the role of Group CEO, while Corinne Franklin was appointed to the role of Group CFO.

The group also reported a deficit in cashflow from operations of AUD 260,000 (USD 195,133) for the quarter.