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Office openings: S.i. Systems, QPS

October 29, 2009

S.i. Systems and QPS Employment Group announced the openings of new offices. S.i. Systems, a Calgary, Alberta-based information technology staffing firm, announced it opened new offices in Toronto and Mississauga, Ontario, over the past month. The company also plans to open two more offices in t...


Spherion revenue slips 23%

October 29, 2009

Spherion Corp. (NYSE: SFN) reported third-quarter revenue fell 22.5% to $420.2 million from the year-ago quarter, but clerical and light industrial revenue rose sequentially. Third-quarter gross margin at the Fort Lauderdale FL-based staffing firm narrowed to 19.4% from 21.9%. Third-quarter reve...


Randstad's pro forma revenue down 28%

October 29, 2009

Third-quarter revenue fell 28.2% on a pro forma basis at Randstad Holding NV, the world's second-largest staffing firm, to euro3.18 billion (US$4.64 billion) from euro 4.42 billion in the same period last year. However, the company cited positive signs in several markets. "It is encouraging that...


CDI revenue slips, but may end staff cuts

October 29, 2009

CDI Corp. (NYSE: CDI) reported third-quarter revenue fell 20.6% (down 17.6% in constant currency) to $223.7 million from $281.9 million in the same period last year. The company noted revenue rose 3.8% from the second quarter, a time when revenue has historically remained flat. President and CEO...


CDI revenue slips, but may end staff cuts

October 29, 2009

CDI Corp. (NYSE: CDI) reported third-quarter revenue fell 20.6% (down 17.6% in constant currency) to $223.7 million from $281.9 million in the same period last year. The company noted revenue rose 3.8% from the second quarter, a time when revenue has historically remained flat. President and CEO...


Staffing index rises six points in October

October 28, 2009

Demand for staffing rose in October, according to the American Staffing Association's index measuring temporary employment released Tuesday. The index rose to a reading of 83 in October from 77 in September. The index measures changes in the number of temporary and contract workers both weekly a...


Technisource confidence index rises

October 28, 2009

The Technisource IT employee confidence index rose 4.4 points to 50.2 in the third quarter, the highest reading since the fourth quarter of 2007. The index was released Tuesday. According to the index's survey, 31% of technology workers in the third quarter believed the economy was getting weake...


Mastech revenue falls, reports stabilization

October 28, 2009

Third-quarter revenue fell 28.5% at Mastech Holdings Inc. (AMEX: MHH), a Pittsburgh-based information technology staffing firm, to $17.2 million. The company reported signs of stabilization, but said the pricing environment remained competitive. "While we continue to see encouraging signs of mar...


Mastech revenue falls, reports stabilization

October 28, 2009

Third-quarter revenue fell 28.5% at Mastech Holdings Inc. (AMEX: MHH), a Pittsburgh-based information technology staffing firm, to $17.2 million. The company reported signs of stabilization, but said the pricing environment remained competitive. "While we continue to see encouraging signs of mar...


CTG revenue down 25%

October 28, 2009

Computer Task Group Inc. (NASD: CTGX) reported third-quarter revenue of $66.8 million, down 25.1% from the third quarter of 2008. The Buffalo NY-based firm, which provides information technology staffing and solutions, said third-quarter staffing revenue fell by approximately 30.0% to $43.2 mill...