Tech Mahindra Q4 revenue slips 6.4%, optimistic about upcoming year

IT services giant Tech Mahindra Ltd. reported revenue fell 6.4% in constant currency as measured in US dollars to $1.55 billion in its fiscal fourth quarter ended 31 March. The decline took place across geographies and most industries. Fourth-quarter revenue from the manufacturing industry rose.

“As...

Technopro 9-month revenue climbs 9.6%

TechnoPro Holdings Inc. (6028:TYO), a Tokyo-based provider of engineering staffing, reported revenue today for the nine-month period ended 31 March 2024. Revenue ticked up 9.6% year over year to JPY 162.58 billion (USD 1.03 billion).

Quick Co. Ltd full year revenue up 6.1% as profits climb

Quick Co. Ltd (4318: JP), a Japanese staffing firm, reported revenue today for the full year ended 31 March 2023 of JPY 29.48 billion (USD 188.0 million), an increase of 6.1% compared to the previous year.

Careerlink cuts full year revenue forecast as it reviews BPO business

Japan-based staffing firm Careerlink (6070: JP) downgraded its full-year financial forecast as it reviews its BPO business.

The company lowered its full year revenue forecast from JPY 47.70 billion (USD 304.3 million) to JPY 43.79 billion (USD 279.4 million). Despite the lowering of its revenue forecast,...

Australian salaries grow at slowest yearly pace in 18 months

Seek’s index of advertised salaries in Australia is rising, but March’s 4.2% year-over-year increase in the index marks the slowest rise in 18 months.

When compared to February, March’s index level was up 0.2%. March was the third month in a row in which Seek’s Advertised Salary Index for Australia...

Temp hourly average wage rises in three Japanese metro areas

The average hourly wage for temp workers rose in March in three major Japanese metro areas tracked by Dip Co. Ltd. Those areas were Kanto, Tokai and Kansai. The average hourly wage rose to JPY 1,605 (USD 10.37) in March, an increase of JPY 46, or 3.0%, from the same time last year and an increase of...

Job seekers in Japan get picky about where they work

Young job seekers in Japan are becoming choosier over where they work as the number of workers declines, and companies are stepping up their recruitment efforts, including putting more of a focus on work-life balance, Nikkei Asia reported. “Before, companies were the ones choosing from a large batch...

South Korea will likely be hiring more overseas workers

South Korea is increasingly turning to foreign labour as its population shrinks, The Korea Herald reported. Kim Young-Jung, president of the Korea Information Service, told the newspaper that foreign labour is now concentrated in unskilled jobs, but the country will hire more highly skilled workers in...

Freelancer Q1 gross marketplace volume and cash receipts down

Freelancer Ltd. (FLN:ASX) today reported Gross Marketplace Volume (GMV) in Q1 2024 of AUD 227.1 million (USD 147.6 million), down 23.8% over the year. GMV represents the underlying transaction value between third parties which is the basis for Freelancer's revenue, i.e. the value of services performed...

New Zealand job ads dive 27% in March

New Zealand job advertisements on the job board Seek plunged by 27% in March 2024 compared to March 2023.

The year-on-year fall of 27% was unchanged from the 27% annual fall seen in February 2024.

Meanwhile, applications per job ad, which are recorded with a one-month lag, remained steady in February,...