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General Employment formally adopts GEE Group brand

July 18, 2016

General Employment Enterprises Inc. (NYSE MKT: JOB) formally changed its name to GEE Group Inc. to facilitate its focus on the IT and professional sectors. Shareholders approved the name change at the company’s annual meeting of shareholders on July 12. The Oakbrook Terrace, Ill.-based staffing firm...


Wage discontent at auto suppliers (Crain’s Detroit Business)

July 18, 2016

Automotive suppliers are finding themselves in the crosshairs of wage issues as the industry continues to expand and seek lower costs, reports Crain’s Detroit Business. The industry has moved toward lower-cost solutions globally, including a long-term shift of North American vehicle and parts production...


Resources Connection’s Q4 revenue rises 2.5%

July 15, 2016

Resources Connection Inc. (NASD: RECN) reported revenue edged up 2.5% year over year, or 2.6% in constant currency, to $152.5 million in its fiscal fourth quarter ended May 28. Approximately 0.9% of the increase is attributable to the shift of the Memorial Day holiday to the first quarter of fiscal 2017....


Global Employment Solutions names new CEO

July 15, 2016

Global Employment Solutions and its Fahrenheit IT division named Wayne Cavanaugh as CEO. He replaces Howard Brill, who led the company for the past 16 years.

Cavanaugh most recently served as Global Employment Solutions’ CFO, COO and president, a role he assumed last year.

Brill will remain on the company’s...


Infosys revenue up 11% in dollars, but outlook down for next quarter

July 15, 2016

Infosys’ (NYSE: INFY) revenue rose 10.9% year over year to $2.50 billion in US dollars in its fiscal first quarter ended June 30. The increase was 12.1% in constant currency. Net profit also rose at the global IT services and outsourcing provider.

However, Bloomberg News reported the company cut its...


100,000 oil jobs could be coming back (CNN)

July 15, 2016

Goldman Sachs believes the American oil industry is about to stage a big comeback from the painful downturn and big job losses caused by oversupply, CNN reports. Cheap oil eliminated nearly 170,000 oil and gas jobs since late 2014 as companies scrambled to cut costs and avoid bankruptcy. That means just...


MDstaffers acquires Hawaii-based physician staffing firm

July 15, 2016

MDstaffers acquired LAM and Associates, a Hawaii-based staffing company specializing in physician search.  

The transaction closed July 6; terms were not disclosed.

LAM and Associates serves 800 clients and provides 13,000 physicians. The brand will remain for at least the next year. Pat Lambrect,...


People: Randstad, Agile-1, Advanced Resources, Execu|Search, DRI and more

July 15, 2016

Randstad US announced Linda Perneau, COO of Randstad’s commercial staffing business, will oversee its new non-clinical healthcare staffing service. The new practice will provide administrative support in hospitals and large primary care systems with centralized back-office structures as well as revenue...


Hays reports net fee income up 12% in quarter

July 14, 2016

Net fees at UK-based global staffing firm Hays plc rose 12% in the company’s fiscal fourth quarter ended June 30, the company reported in an update released today. On a like-for-like basis — which represents organic growth at constant currency — net fees rose 8%.

The strongest growth was in continental...


Barrett names former insurance exec as CFO

July 14, 2016

Barrett Business Services Inc. (NASD: BBSI), a provider of staffing and professional employer organization services, appointed Gary Kramer as CFO, effective Aug. 10. Following a transition period, he will also serve as the company’s principal accounting officer.

Kramer succeeds interim CFO Tom Carley,...