World – Jaguar Land Rover to cut 2,000 jobs globally (Reuters)

Jaguar Land Rover said it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by 2030, reports Reuters. “The full review of the Jaguar Land Rover organisation...

Japan – MRT expansion leads to revenue and profits growth

Japanese medical recruitment services firm MRT Inc. (6034: TYO) reported revenue last Friday of JPY 2.56 billion (USD 24.1 million) for the fiscal year ended 31 December 2020, up compared to the same period last year.

Japan – Tsunagu Holdings first quarter revenue down 19.7% as losses deepen

Tsunagu Holdings (6551:JP), a Japan-based company offering recruitment related services, reported revenue on Monday for the first quarter ended 31 December 2020 of JPY 2.73 billion (USD 25.7 million), a decrease of 19.7% when compared to the same period last year.

Hong Kong – Kos International issues full year profit warning due to impact from Covid-19

Recruitment firm Kos International (8042: HKG), based in Hong Kong, announced that it is expected to record a net loss for the year ended 31 December 2020 of approximately HKD 7.0 million (USD 0.9 million). This is compared to a net profit of approximately HKD 1.7 million (USD 0.2 million) for the corresponding...

India – TeamLease Services CFO to step down, appoints Deputy CFO

TeamLease Services Ltd. (TEAMLEASE:NSI), a staffing provider based in Mumbai, India, announced that its CFO Narayanaswamy Ravi Vishwanath will be stepping down effective 31 March 2021.

Vishwanath was first appointed as CFO for the company in 2011.

The group said it is appointing Ramani Dathi as Deputy...

Australia – HiTech Group H1 revenue climbs 19%, profits on the rise

Australian recruitment and consulting company HiTech Group Australia (HIT: ASX) reported revenue today for the six months ended 31 December 2020 of AUD 18.8 million (USD 14.6 million), an increase of 19% compared to the same period last year.

Japan – Hirayama Holdings revenue down 7.6% but starts to see recovery

Japan-based Hirayama Holdings (7781:JP), a company mainly engaged in outsourcing and technology staffing, reported revenue yesterday for the six months ended 31 December 2020 of JPY 10.89 billion (USD 103.5 million), a decrease of 7.6% compared to the previous year.

Japan – Mirai Works reports first quarter results

Japan-based HR services firm Mirai Works (6563: TYO) on Friday reported revenue of JPY 1.14 billion (USD 10.8 million) for the first quarter ended 31 December 2020.

While the company did not provide prior year results for comparison, previously announced results from the prior year are posted below...

Japan – Career Co first-quarter revenue down 4.6% as losses deepen amid pandemic

Career Co., Ltd, (6198:JP), a Japanese HR services firm, reported revenue yesterday for the first quarter ending 31 December 2020 of JPY 3.00 billion (USD 28.55 million), down 4.6% when compared to the same period last year.

Japan – Human Associates Holdings revenue dips 9.2% as it plunges into loss

Human Associates Holdings (6575: TYO), a Japan-based company mainly engaged in employment placement and mental health care, reported revenue on Friday of JPY 1.84 billion (USD 17.5 million) for the nine months ended 31 December 2020, a decrease of 9.2% when compared to the previous year.