Nov. 7, 2013

IT Staffing Report

Publicly traded IT staffing companies in the U.S. experienced stronger than anticipated demand for their services in the quarter ended Sept. 30. 

IT staffing revenue up median 13% in Q3 at public US firms

November 6, 2013

Publicly traded IT staffing companies experienced stronger than anticipated demand for their services in the quarter ended Sept. 30. These firms chalked up year-over-year median growth of 12.6 percent during the quarter.


Infosys to pay record immigration fine of $34 million

November 5, 2013

Information technology services firm Infosys Ltd. (NYSE: INFY) announced it will pay $34 million to settle an immigration probe by the U.S. Attorney’s Office. The settlement is focused on historical I-9 paperwork errors and visa matters. 


Randstad’s global CEO to step down

November 5, 2013

Randstad CEO Ben Noteboom will step down from his post as CEO of the firm and his position on the company’s executive board on Feb. 28.


NTT Data acquires Spanish IT services firm, reports earnings

November 6, 2013

NTT Data Corp. struck a deal to acquire everis Group, a provider of information technology consulting and services based in Madrid, Spain. 


Cognizant revenue up 22%

November 6, 2013

Cognizant Technology Solutions Corp. (NASD: CTSH), an information technology, consulting, and business process outsourcing services provider, reported third-quarter revenue rose 21.9 percent year over year to $2.31 billion from $1.89 billion in the third quarter of last year.


Kforce releases two execs as part of realignment

November 5, 2013

Kforce Inc. (NASD: KFRC) let go Chief Services Officer Michael Ettore and Chief Customer Officer Randal Marmon as part of a realignment of its leadership and support-related structure, according to a filing with the U.S. Securities and Exchange Commission.


IT job growth decelerates in September

November 5, 2013

The number of U.S. information technology jobs increased for the 25th consecutive month in September, but the rate of growth slowed, according to the TechServe Alliance’s IT employment index.


TEKsystems survey finds IT spending to grow

November 5, 2013

Information technology leaders expect increased spending in 2014, more hiring and salary increases, according to TEKsystems’ annual survey of IT leaders.


Staffing Stream: The evolving IT labor market

November 5, 2013

The economy remains sluggish with unemployment struck around 7 percent, but there remains a shortage of skills. What does this mean for companies sourcing information technology talent in North America?


Web: CGI’s healthcare.gov woes

November 6, 2013

An article in The Globe and Mail newspaper discusses information technology services firm CGI Group Inc.’s response to the problems in the rollout of the healthcare.gov website.