Creek and River full year revenue rises 12.9%

Japanese staffing firm Creek & River (4763: JP) reported revenue last week for the full year ended 29 February 2024 of JPY 49.79 billion (USD 322.3 million), an increase of 12.9% compared to the same period last year.

Australian job ads down 14.9% in March

Australian job ads on job board Seek fell by 14.9% in March 2024 when compared to March 2023.

On a month-on-month basis, job ads increased by 2.4% in March 2024. At the same time, applications per job ad rose by 1.7%.

By industry, the ICT sector saw the steepest annual decline at 26.9%. This was followed...

Candidate fraud ranks among the top concerns among recruiters

Malpractices by candidates during online assessments is one of the biggest fears among recruiters and talent acquisition specialists, according to a report by India-based recruitment automation firm HirePro and the Press Trust of India.

The report showed that fraudulent practices by candidates during...

Tesla laying off more than 10% of staff globally as sales fall

US-based multinational automotive company Tesla is laying off more than 10% of its global workforce (or about 14,000 workers), an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles. “About every five years, we need to...

TwoStone & Son H1 revenue climbs 41.5%

Japanese staffing firm TwoStone & Son (7352: TYO), previously known as Branding Engineer, reported revenue on Friday of JPY 6.49 billion (USD 42.1 million) for the six months ended 29 February 2024, an increase of 41.5% when compared to the prior year period.

Hito Communications H1 revenue down 10.9% as profits slump

Japanese human resources provider Hito Communications (4433: JP) reported revenue today for the first six months ending 29 February 2024 of JPY 29.81 billion (USD 193.6 million), a fall of 10.9% over the previous year.

The group said its results were below its expectations. Hito said the decline in sales...

Most Australians optimistic about work over the next 5 years

Australians are optimistic about the future of work, according to research by payroll firm ADP.

Despite ongoing apprehensions about AI, cost-of-living and other concerns, 8 in 10 Australians still report being quite or very optimistic about work over the next five years, influenced by workplace factors...

Australia’s weekly payroll jobs up in Mid-March

Weekly payroll jobs across Australia increased by 1.5% in the year to 16 March 2024 (since 18 March 2023), according to data from the Australian Bureau of Statistics.

Payroll jobs increased by 0.4% in the month since 17 February 2024.

Bjorn Jarvis, ABS head of labour statistics, said, “The smaller increase...

TCS Q4 revenue up but faces discrimination lawsuit

India-based IT services provider Tata Consultancy Services Ltd (TCS) today reported revenue rose 2.2% on a constant currency basis in its fiscal fourth quarter ended 31 March 2024. On a reported basis in INR, revenue rose by 3.5%.

Revenue totalled INR 612.37 billion for the fourth quarter period. ...

Pasona nine-month revenue slides 4.2%, HR solutions business down

Japanese staffing firm Pasona Group (2168: JP), reported revenue today for the nine months ended 29 February 2024 of JPY 265.5 billion (USD 1.73 billion), a fall of 4.2% over the year.

During the nine-month period, revenue decreased from the previous fiscal year in the expert services and outsourcing...