TechnoPro Holdings Q1 revenue climbs 10.7% with profits up

TechnoPro Holdings Inc. (6028:TYO), a Tokyo-based provider of engineering staffing, reported revenue today of JPY 55.1 million (USD 370.6 million) in its fiscal second quarter ended 31 December 2023.

Nisso Corp 9-month revenue rises 7.9%

Nisso Corp. (6569:TYO), a Japan-based staffing firm, reported revenue for the first nine months of fiscal 2023 of JPY 72.53 billion (USD 487.8 million), which ended 31 December 2023.

The group did not publish prior year results for comparison. However, results for last year’s nine-month period,...

India white-collar hiring slips 11% in January

White-collar hiring in India lowered by 11% in January 2024 when compared to January 2023, according to the latest Naukri JobSpeak Index.

The Index stood at 2,455 for January 2024, up 1% compared to December 2023.

Medical/healthcare/hospital (7%), travel & hospitality (5%) and FMCG (fast-moving consumer...

Skills shortages impact recruitment in Japan, Singapore and Hong Kong

Most technology hiring managers (76%) found recruitment ‘very’ or ‘quite’ competitive across Japan, Singapore and Hong Kong, according to research from Morgan McKinley.

The research also identified key challenges and showed that 25% of hiring managers cited a shortage of skilled candidates...

Quess Corp Q3 revenue climbs 8.4% while EBITDA rises

Quess Corp. Ltd. (QUESS:NSI), the India-based provider of staffing and managed outsourcing services, on Friday reported revenue from operations increased by 8.4% year-over-year in its fiscal third quarter ended 31 December. Revenue from operations was INR 48.41 billion (USD 583.1 million).

TwoStone & Son to buy engineer matching service Maple Systems

Japanese staffing firm, TwoStone & Son (7352: TYO), previously known as Branding Engineer, announced in January that it will acquire all of the shares of Maple Systems, a company that provides IT engineer job matching services.

The total price of the deal is JPY 352 million (USD 2.4 million). On 29...

Persol invests in logistics fulfilment platform OpenLogi

Japanese staffing firm, Persol Holdings Co., Ltd. announced it has invested in OpenLogi Co., Ltd., a Tokyo-based logistics fulfilment platform.

Persol is developing a logistics fulfilment platform through its Employment Creation Fund, developed by Persol Venture Partners, which invests in mega-ventures...

Hiring at Indian IT companies projected to drop to 20-year low (Times of India)

The number of graduate IT engineers in India who are expected to be recruited for placement by IT companies range between 70,000 to 80,000 by the end of the financial year, marking the lowest recruitment figures in over twenty years reports the Times of India, citing a report by the Economic Times (paywall)...

E-commerce firm Phyz to acquire Japanese staffing firm FindOn

Phyz, a Japan-based company mainly engaged in the electronic commerce (EC) solution service business, announced it will acquire FindOn, a temporary staffing firm based in Tokyo.

The price of the acquisition is JPY 168 million (USD 1.15 million). The agreement was signed on 1 February 2024 and the stock...

NIIT reports revenue falls 8.6% in third quarter

India-based skills & talent development company NIIT announced today revenue from operations of INR 851.75 million (USD 10.2 million) for the third quarter ended 31 December 2023, a fall of 8.6% over the prior year.