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Japan – Labour shortages rising costs for 2020 Olympics

2 July 2015

Yoshirō Mori, head of Japan’s organising committee for the 2020 Olympics in Tokyo, today blamed an “imbalance of demand and supply” for the soaring construction costs threatening to afflict Japan’s Olympic and Paralympic project, reports insidethegames.biz.

Mr Mori said that the drive to reconstruct...

Japan – Temp Holdings acquires P & P Holdings

1 July 2015

Tempstaff, a subsidiary of Japanese staffing group Temp Holdings (2181: JP), has acquired Japanese temporary recruitment and outsourcing firm P&P Holdings (6068: JP).

The acquisition bid was announced in May 2015, following P&P’s disappointing financial results for the full year ending 31 March...

Korea – Two-fifths of staff at big firms are temporary

1 July 2015

Two-fifths of workers at large businesses in Korea are irregular workers, according to a government survey which highlighted the level of job insecurity in the country, reports The Korea Herald.

According to the data on types of employment in 3,233 companies, nearly 39% of 4.6 million Korean workers at...

Korea – Labour ministry blasted for plastic surgery blog

1 July 2015

Korea’s Ministry of Employment and Labour has become embroiled in controversy this week after it published a blog post suggesting that plastic surgery could improve jobseekers’ changes of getting jobs, reports The Korea Herald.

The blog, “Plastic surgery became one of the seven prerequisites to...

New Zealand – Creating trust with potential employers is key for jobseekers

1 July 2015

It takes a lot of effort to apply for a job. Potential employers may ask applicants to write lengthy submissions on key criteria. Jobseekers also need to adapt their CVs, research the company, write a cover letter, update their social media sites, and network with anyone who knows a way into the potential...

Japan – Revenue and profit up by a third at Careerlink

30 June 2015

Japanese staffing company Careerlink (6070: JP) reported revenue for the first quarter ending 31 May 2015 of JPY 3.9 billion (USD 31.6 million), an increase of 34.6% compared with JPY 2.9 billion (USD 23.4 million) a year ago.

  Q1 2015 Q1 2014 Change
Revenue JPY 3,873 million ...

Japan – Sobal’s results stable in Q1

30 June 2015

Japanese staffing and software company Sobal Corp (2186: JP) reported revenue for the first quarter ending 31 May 2015 of JPY 1.8 billion (USD 14.4 million), a decrease of 0.3% compared with the same period last year. 

  Q1 2015 Q1 2014 Change
Revenue JPY 1,769 million ...

India – Teamlease reportedly set for an IPO

30 June 2015

Indian staffing firm Teamlease has reportedly lined up an initial public offering (IPO), with the intention of raising between INR 4.5 billion (USD 70.5 million) and INR 5 billion (USD 78.3 million), reports the Economic Times of India.

The staffing firm is one of three companies identified by the newspaper...

Australia – SEEK appoints CFO

30 June 2015

Australian job board SEEK (SEK: ASX) today announced that it has appointed Geoff Roberts to the position of Chief Financial Officer.

Mr Roberts, who has more than 20 years of financial experience, will join the company in November 2015.

Earlier this year, SEEK announced that current CFO John Armstrong...

India – Randstad’s regional CEO bullish, sees great growth potential

29 June 2015

Moorthy K. Uppaluri, Managing Director & CEO of Randstad India, is bullish about the increase in the number of temporary workers, known locally as flexi-workers, working for Randstad, according to an interview in thehindubusinessline.com.

Mr Uppaluri stated: “We are excited with the opportunity...