Daily News
Monster responds to MediaNews’ message to shareholders
October 25, 2016Monster Worldwide Inc. (NYSE: MWW) Monday responded to MediaNews Group Inc.’s announcement to shareholders last week that it would buy another 10% of Monster shares for $3.70 per share if the Randstad acquisition does not go through. The deal would bring MediaNews’ holdings to 21.5%. MediaNews had...
Randstad Q3 revenue up 4% on organic basis
October 25, 2016Third-quarter revenue at Randstad Holding NV rose 4% on an organic basis with growth in North America up 1%. Organic change excludes the impact of currency, acquisitions and divestitures and adjusts for working days.
(€millions) | Q3 2016 | Q3 2015 | % change | % organic change* | Q3 2016... |
Heidrick revenue up 4% with boost from European acquisitions
October 25, 2016Third-quarter revenue rose 3.8% at executive search firm Heidrick & Struggles International Inc. (NASD: HSII) to $148.2 million. The increase was 4.1% in constant currency.
(US$ thousands) | Q3 2016 | Q3 2015 | % change | constant currency (US$ 000s) |
Net revenue | $143,519 ... |
Volt appoints general counsel
October 25, 2016Volt Information Sciences Inc. (NYSE MKT: VISI) appointed Nancy Avedissian as senior VP, general counsel and corporate secretary for Volt Information Sciences Inc., effective immediately. She reports to Volt CEO Michael Dean.
Avedissian most recently was general counsel and VP, legal affairs at Worldwide...
CTG revenue falls 16%
October 25, 2016Revenue fell 16.1% in the third quarter to $78.1 million at Computer Task Group Inc. (NASD: CTG). The revenue decrease reflects recurring weakness at several of the Buffalo, NY-based IT staffing provider’s larger staffing clients, combined with lower than anticipated demand in its healthcare solutions...
Consumer confidence falls in October; job outlook less optimistic
October 25, 2016The Conference Board’s consumer confidence index fell in October to a reading of 98.6 (1985=100), down from 103.5 in September, which marked its highest level since the end of the recession.
“Consumer confidence retreated in October, after back-to-back monthly gains,” said Lynn Franco, director...
Retailers to pay more for seasonal hiring — Staffing quote of the week
October 25, 2016“Retailers, in general, are going to wind up paying more for their seasonal workforce than they have in the past, and probably more than they’re expecting,” Joel Bines, co-head of consulting firm Alix Partners LLP’s retail practice, told The Wall Street Journal in a story on retailers rush to...
Wipro to acquire Appirio, owner of Topcoder, for $500 million
October 24, 2016IT services and outsourcing provider Wipro Limited (NYSE: WIT) announced it will acquire Indianapolis-based IT cloud consulting firm Appirio for $500 million. Appirio also owns Topcoder, a crowdsourcing marketplace with more than one million IT professionals, from coders to data scientists, on its platform....
OSHA and ASA renew alliance for temp safety
October 24, 2016The US Occupational Safety and Health Administration and the American Staffing Association on Friday renewed their formal alliance to provide information, guidance and access to training resources to help protect temporary workers.
Specifically, OSHA and the ASA will work together to:
- Develop information...
Modest improvement in hiring outlook, NABE survey finds
October 24, 2016The National Association for Business Economics’ October 2016 business conditions survey indicates both job gains and job losses increased in the third quarter — fewer respondents reported employment at their firms unchanged. However, fourth-quarter hiring plans edged up from three months ago.
“The...