Dec. 22, 2016
The oil and gas industry in 2016 has been shaken by the depth and length of the downturn in oil prices, and the job cuts that have followed this year. Signs have emerged in the last few months, however, that the worst may be over.
Green shoots of recovery provide relief for oil and gas firms hopeful for turnaround in 2017
December 20, 2016
The oil and gas industry in 2016 has been shaken by the depth and length of the downturn in oil prices, and the job cuts that have followed this year. Signs have emerged in the last few months, however, that the worst may be over.
Two CDI shareholders call for evaluating strategic alternatives
December 20, 2016
Two shareholder in CDI Corp. (NYSE: CDI) called on the engineering and IT staffing provider to evaluate strategic alternatives, including a possible sale, and announced they intend to nominate independent directors for election at CDI’s 2017 annual meeting of shareholders.
French firm Assystem buys UK-based Edison Recruitment
December 20, 2016
Assystem SA, a France-based engineering and consultancy company, has acquired a 100% stake in Edison Technical Recruitment Limited, a UK-based engineering recruitment agency focused on electronics, electrical systems and software engineering within the automotive sector.
System One’s private-equity investment
December 20, 2016
Pittsburgh-based System One announced private equity firm Thomas H. Lee Partners L.P. agreed to make a significant investment in the firm.
Allegis Group buys The Stamford Group
December 20, 2016
Allegis Group acquired Switzerland-based The Stamford Group, a staffing, recruiting and services organization targeting the IT, engineering, banking and life science sectors.
Infotree names former Kforce exec to leadership role
December 20, 2016
Infotree Service, a Michigan-based staffing provider, named Jeff Diegel as president of North America operations.
RCM Technologies revenue falls
December 20, 2016
RCM Technologies Inc. (NASD GM: RCMT) — a provider of engineering, IT and healthcare staffing — reported revenue fell 11.9% in its fiscal third quarter ended Oct. 1. Gross margin also narrowed from same period of the prior year.
3 Resolutions to Make for Better Recruiting and Hiring in 2017 – The Staffing Stream
December 20, 2016
TempWorks Software CEO David Dourgarian provides a few resolutions to consider implementing within your staffing firm in 2017 in a new The Staffing Stream blog post.
Uncertainty over Trump’s immigration policy leads foreign engineers to ditch startups (CNNMoney)
December 20, 2016
President-elect Donald Trump called the H-1B visa – the most common pathway for high-skilled foreigners to work in the US – “very, very bad for workers” on the campaign trail and pledged to investigate visa programs that were abused. CNNMoney reports uncertainty over what will happen under Trump... More
SIA’s North America Power Women in Staffing list
December 20, 2016
Staffing Industry Review profiles 50 women making an impact in the North American staffing industry. The people on the list not only contribute to their firms’ profitability, but also claim professional achievements, drive and influence in the industry. The list is not a ranking, but a shoutout to... More