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Word of the week: Recruitment marketing system

June 13, 2017

A new term in this year’s edition of Staffing Industry Analysts’ online lexicon of workforce solutions ecosystem terms, “recruitment marketing system” is multi-component software designed to automate and facilitate the processes involved in finding, attracting, assessing, interviewing and hiring...


Postmates acquires blog platform called Bold (TechCrunch)

June 13, 2017

Postmates, the 10th-largest human cloud platform, acquired Bold, a platform for writing long-form content at work that will now shut down, according to TechCrunch. Bold’s founder, David Byttow, was previously CEO of the failed Silicon Valley social app Secret. Both Byttow and Bold co-founder Ben South...


Human cloud revenue nearly doubles

June 12, 2017

Revenue in the human cloud — which includes online staffing, online services and other firms — nearly doubled in 2016 to between $47 billion and $51 billion, according to a report by David Francis, senior research analyst at Staffing Industry Analysts.

The increase came mostly in the B2C segment,...


Korn Ferry appoints chief commercial officer

June 12, 2017

Executive search firm Korn Ferry International Inc. (NYSE: KFY) named Frank Giampietro as senior client partner and chief commercial officer. He will be based in the Philadelphia office and join the Korn Ferry Hay Group global leadership team.

Giampietro’s background includes mergers and acquisitions,...


ManpowerGroup expands executive’s role to Northern Europe

June 12, 2017

ManpowerGroup (NYSE: MAN), the Milwaukee-based staffing giant, appointed Stefano Scabbio president of Northern Europe, Mediterranean and Eastern Europe, effective immediately. This expands his responsibilities to include Northern Europe along with his current leadership of the Mediterranean and...


Canadian GDP to grow to 2.6% this year

June 12, 2017

The Canadian economy will grow at an above-potential pace for the remainder of this year, according to the RBC Economic Outlook quarterly report. Real GDP is expected to grow by 2.6% in 2017 and 2.1% in 2018.

Continuing an eight-year trend, consumers are expected to provide a large lift to the economy...


Jaguar Land Rover invests $25 million in human cloud firm Lyft

June 12, 2017

The investment division of Jaguar Land Rover, InMotion Ventures, announced a $25 million investment in human cloud, ride-sharing firm Lyft. It will supply Lyft drivers with cars and also work to help build self-driving cars.

“This investment will support Lyft’s expansion and technology plans,” according...


Workers sue for wages under new overtime rule despite injunction (Inside Counsel)

June 12, 2017

The Department of Labor’s controversial overtime rule — that had drawn concern in staffing and other industries — remains under an injunction by a Texas court, but a group of Chipotle employees sued the fast food chain alleging it should still be following the rule now, Inside Counsel reported....


Brazil — New law changes outsourcing, temporary work rules (Lexology)

June 12, 2017

Lexology reports a new law in Brazil requires business to specialize in the type of activity they want to outsource, contradicting prior courts’ opinions it was illegal for a business to outsource its core business. The new law also changed Brazil’s temporary work rules.


Volt revenue falls in fiscal Q2, Volt Workforce Solutions president resigns

June 9, 2017

Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 9.7% in its fiscal second quarter ended April 30. The company said that on a same-store basis, excluding net revenue contributed from businesses sold or exited during the past year and the effect of currency fluctuations, net revenue...