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PE firm makes majority investment in Ettain Group; two acquisitions follow

October 23, 2019

Ettain Group announced Tuesday that it received a majority investment from private equity firm Alvarez & Marsal Capital. The Charlotte, North Carolina-based company then went on to acquire Global Employment Solutions, which ranks among the 100 largest US staffing firms, and Leidos Inc.’s consulting...

Earnings roundup: Synergie, HCL Technologies, SAP

October 23, 2019

Firms announcing earnings today included France-based staffing firm Synergie; IT services firm HCL Technologies Ltd.; and SAP SE (NYSE: SAP), the owner of vendor management system SAP Fieldglass.


Synergie, a France-based staffing firm with operations in 17 countries including Canada, reported...

The Reserves Network acquires Texas-based ExecuTeam Staffing

October 23, 2019

The Reserves Network, a Fairview Park, Ohio-based staffing firm, acquired ExecuTeam Staffing, which operates in the Houston area. The deal will give The Reserves Network its first office in Texas.

“We’re thrilled to have ExecuTeam as a part of our TRN family,” said Neil Stallard, CEO of The Reserves...

Supplemental Health Care announces executive changes

October 23, 2019

Healthcare staffing firm Supplemental Health Care announced several executive changes, including naming Vickie Anenberg as president of local and allied services, Donna Carroll as president of workforce solutions and schools, Linda McDonnell as president of travel nursing, and Christopher Long as chief...

More than half of US employees report seeing or experiencing discrimination

October 23, 2019

More than half of US employees, 61%, have witnessed or experienced some form of workplace discrimination based on age, race, gender or LGBTQ identity, according to a survey by Glassdoor.

Looking at specific forms of discrimination, the survey found that 45% reported witnessing or experiencing ageism,...

85% of recruiters say candidates exaggerate on résumés

October 23, 2019

A global survey of 1,700 recruiters by jobs website Monster found that 71% of recruiters struggle to fill positions because of candidate skills gaps, but 85% agree that candidates exaggerate skills and competencies on their résumés.

Only one-third of recruiters think candidates are honest about their...

DoorDash CEO says customers sticking despite data breach, criticizes AB 5 (Cnet)

October 23, 2019

DoorDash CEO Tony Xu said customers have stuck with the human cloud, food delivery company despite the announcement of a data breach in September, Cnet reported. Xu also said California law AB 5, which puts in place a tougher test for determining independent contractor misclassification, could mean rising...

Randstad Q3 revenue falls 2.5% with US down; sluggish auto sector impacts growth

October 22, 2019

US revenue growth eased in the third quarter while European growth stabilized, Randstad nv reported today in its Q3 earnings release.

Third-quarter revenue fell 2.5% year over year on an organic basis at the Netherlands-based staffing giant. In comparison, revenue had fallen 1.7% year over year in the...

CTG revenue up almost 8% in Q3 with organic growth and Tech-IT acquisition

October 22, 2019

Revenue at IT staffing and solutions firm CTG (NASDAQ: CTG) rose 7.7%, driven by organic growth of 6% and its acquisition of Tech-IT in February, the company announced today. Tech-IT is a Luxembourg-based firm that provides IT consulting and solutions.

Excluding the negative impact of foreign currency,...

Infosys conducting internal investigation after whistleblower complaints

October 22, 2019

IT services giant Infosys Ltd. (NYSE: INFY) has received anonymous whistleblower complaints about unethical practices, some relating the CEO’s travel, Company Secretary A.G.S. Manikantha said in a letter filed with the US Securities and Exchange Commission.

“These [anonymous whistleblower complaints]...