Seek New Zealand job ads slip 26% in July; all regions decrease

Job ad volumes in New Zealand declined by 26% in July compared to the same period a year ago, according to data from job board Seek.

Seek job ads declined 4% month-on-month in July. At the same time, job ads are now just 1% higher than in July 2019.

Meanwhile, applications per job ad rose 11% in June 2023...

Most Malaysian companies expect to retain employees in Q3 amid expected improved business performance

A majority of businesses in Malaysia (73.4%) anticipate retaining their employees for the third quarter of 2023, according to research from the Department of Statistics Malaysia.

Approximately 17.6% of businesses expect to hire more, whereas only 9.0% intend to reduce their headcount, which induced a...

India's startup layoffs at over 100,000 in the past two years (The Hindustan Times)

India's startup ecosystem is facing a much more severe job crisis than expected, reports The Hindustan Times, citing staffing firms and recruiters. Layoffs at new-age businesses are estimated to be at least three times higher than publicly disclosed. In the past 24 months alone, more than 1,400 companies...

Airtasker full year revenue up 40% with lift from Oneflare acquisition

Australia-based B2C talent platform Airtasker reported revenue yesterday for the full year ended 30 June 2023 of AUD 44.2 million (USD 28.7 million), an increase of 40.4% year on year.

The company reported its Q4 results last month which showed revenue rose by 20.6% when compared to the prior corresponding...

AD1 Holdings full year revenue and cash receipts up but losses widen

Job search site AD1 Holdings (AD1:AU) reported annual group revenue of AUD 6.4 million (USD 4.1 million), an increase of 7% on the prior corresponding period of FY21. At the same time, cash receipts from customers stood at AUD 7.3 million (USD 4.7 million), an increase of 8% over the previous year.

The...

Australian workplace watchdog launches legal action against former restaurant operator for underpayment

Australia’s Fair Work Ombudsman has commenced legal action against the former operators of two restaurants in Brisbane.

Facing the court are Il Roy Pty Ltd, which operated ‘Cha Cha Char’ and ‘Il Centro’ and the company’s sole director and shareholder, Bingqi Zhao.

The regulator investigated...

Record number of university students in Taiwan plan to work while studying (Taipei Times)

The number of university students in Taiwan who plan to seek part-time work during the summer semester has reached an all-time high, reports the Taipei Times, citing a poll released by online job bank yes123. The poll showed that 91.2% of college students said they have plans to get a part-time job during...

Kanzhun Q2 revenue surges 33.7% as online recruitment services fuels growth

Kanzhun Limited (Nasdaq: BZ), whose core product is Chinese job board Boss Zhipin, yesterday reported its unaudited financial results for the second quarter ended 30 June 2022. Revenue increased by 33.7% to RMB 1.48 billion (USD 204.1 million).

Net income for the second quarter of 2023 was RMB 309.6 million...

Ashley Services full year revenue climbs 22% with growth boosted by labour hire and training divisions

Revenue at Australia-based labour hire and training services firm Ashley Services (ASH: ASX) increased by 22.1% in its fiscal year ended 30 June 2023, when compared to the same period last year. Revenue totalled AUD 549.2 million (USD 355.2 million).

Full year revenue includes AUD 14.5 million (USD 9.3...

Online recruitment dips 5% in July as Indian job market sees fluctuations

Online recruitment in India reported a 5% drop in July 2023 compared to July 2022, according to the latest foundit Insights Tracker.

The Tracker fell to 268 in July 2023 from 281 in July 2022.

Month-on-month, the Tracker remained almost flat marking a slight decrease of 1%.

According to the Tracker, the...