Altech nine-month revenue up 6.5% with profits on the rise

Japanese technical staffing firm Altech Corp. (4641:JP) reported revenue today for the nine months ended 30 September 2023 of JPY 34.18 billion (USD 226.6 million), an increase of 6.5% when compared to the same period last year.

Will Group H1 revenue slides 4.3% as profits decline

Japanese HR firm Will Group (6089:TYO), which focuses on temporary staffing, business contracting and recruitment, reported revenue today of JPY 69.27 billion (USD 459.2 million) for the six months ended 30 September 2023, a decrease of 4.3% when compared to the same period last year.

Biggest businesses most likely to cut staff in tough economic conditions (Radio New Zealand)

The biggest businesses are more likely to make workers redundant to cut their costs as economic conditions get tougher in New Zealand, reports Radio New Zealand, citing the annual Beyond Recruitment Economic and Labour Report. The research showed businesses with more than 1,000 staff were feeling economic...

Info Edge Q2 revenue ticks up 3.6% with growth in Recruitment Solutions

Info Edge India Ltd (NAUKRI:NSI), the Indian job board, reported unaudited consolidated results today with revenue from operations for the second-quarter ended 30 September 2023 of INR 6.26 billion (USD 75.1 million), up 3.6% compared to the same period last year.

Recruitment Solutions saw an uptick in...

Quess Corp Q2 revenue rises 11% as profits rally

India-based staffing provider Quess Corp reported revenue of INR 47.48 billion (USD 570.4 million) yesterday after markets closed for its second quarter period ended 30 September 2022. Revenue grew by 11% compared to the prior year period.

Commenting on the results, executive director & Group CEO...

Infosys McCamish systems subsidiary hit by cyberattack

Infosys McCamish Systems, a subsidiary of India-based IT services giant Infosys Ltd. (NYSE: INFY), experienced a cyberattack. The company reported the incident in a regulatory filing on 3 November.

“Infosys McCamish Systems (IMS), a subsidiary of Infosys BPM Limited (a wholly owned subsidiary of Infosys...

Overtime work on the rise in New Zealand with a nearly a third of it unpaid

Overtime increased in 34% of organisations across New Zealand last financial year, according to survey research by Hays. At the same time, only 7% of organisations decreased overtime work. The survey by Hays found that overtime was unpaid in 30% of organisations, while 25% rewarded staff non-financially,...

Kos International issues profit warning amid fall in recruitment services revenue

Hong Kong recruitment firm Kos International (8042: HKG), issued a profit warning on Friday for the nine months ended 30 September 2023.

The group is expected to record a net profit for the nine months ended 30 September 2023 of approximately HKD 2 million (USD 255,684), as compared to a net profit of...

Australia’s workplace watchdog fines recruitment firm over backpay

The Fair Work Ombudsman has secured penalties and back-payment orders in court against a former Australia-based recruitment company and its general manager.

The Federal Circuit and Family Court has imposed an AUD 25,000 (USD 16,265) penalty against Back Your Cause Pty Ltd, which traded as ‘BYC Recruitment’...

Temporary staffing firm overcharges Japanese prefecture and city more than 1 million for nursing staff (NHK News)

A Tokyo-based staffing firm that was commissioned by the prefecture (administrative jurisdiction) of Hokkaido and Tomakomai City to dispatch nursing care workers has overcharged the prefecture and the city by over JPY 173 million (USD 1.1 million) over the five-year period up to 2022, reports NHK News....