Nov. 12, 2015
Revenue trends in the third quarter of 2015 continue to exhibit marked divergence, ranging from year-over-year growth in the double digits to declines of equivalent magnitude. While some firms have been well positioned to capitalize upon the healthy demand environment, others have been focused internally, consumed by the need to restructure and sharpen their focus on the more robust pockets of demand in the broad IT staffing market.
3Q15 IT staffing earnings recap: Management makes the difference
11 November 2015
Revenue trends in the third quarter of 2015 continue to exhibit marked divergence, ranging from year-over-year growth in the double digits to declines of equivalent magnitude. While some firms have been well positioned to capitalize upon the healthy demand environment, others have been focused internally,... More
IT staffing M&A: The JM Group, ettain, Tiger Information Systems
10 November 2015
IT staffing firm merger and acquisition activity in the past month includes Staffing 360 Solutions Inc.’s (NASD: STAF) acquisition of The JM Group, ettain group’s acquisition of Timberhorn IT Solutions and Chartwell Staffing Solutions’ acquisition of Tiger Information Systems.
TEKsystems: Hiring plans rising for full-time IT employees
10 November 2015
IT leaders’ plans for hiring full-time employees are on the rise, according to TEKsystems’ quarterly “reality check” survey. However, expectations for hiring temporary employees reflect more volatility.
Confidence at record high for IT workers
10 November 2015
The Randstad Technologies’ employee confidence index for IT workers rose to an all-time high reading. The index measures IT workers’ confidence in their personal employment situation and optimism in the economic environment.
People: Volt exec takes CEO role on permanent basis
10 November 2015
Volt Information Sciences named Michael Dean as president and CEO on a permanent basis and Syntel announced the upcoming retirement of CFO Arvind Godbole.
IT jobs surpass 5 million level, TechServe reports
10 November 2015
The number of IT jobs in the US rose 0.2% in October from September to more than 5.0 million jobs, the TechServe Alliance reported.
Private equity firm invests in IT staffing provider
10 November 2015
Private equity firm New State Capital Partners invested in NWN Corp., whose services include IT staffing and managed services. The company has more than 2,600 customers in 49 states.
IT skills shortage drives salaries, retention difficulty: Harvey Nash report
10 November 2015
A long-term IT skills shortage is driving tech salaries up and making it hard for companies to retain talent, according to the fourth annual Harvey Nash Technology Survey.