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Japan – Recruit invests in real estate tech startup

14 August 2019

Recruit Co. Ltd., one of the largest staffing firms in the world, continued to diversify its technology holdings; today, the company announced it invested in Properly Inc., a Canada-based real estate technology startup that uses artificial intelligence.

Properly’s product includes an algorithm that...


Australia – Contract watch: Airswift signs contract with Alstom

14 August 2019

Airswift, a global workforce solutions provider for the energy, process and infrastructure sectors, has secured a contract with transport firm Alstom, to manage the recruitment of its contingent workforce across Australia.

Financial terms of the contract were not disclosed.

The contract will see Airswift...


Singapore – HRnetGroup revenue rises slightly, but profits tumble

13 August 2019

Singapore-based recruitment firm, HRnetGroup, reported second-quarter revenue of SGD 108.5 million (USD 78.1 million), up 0.5% compared to the same period last year.

 

(SGD millions) Q2 2019 Q2 2018 Change Q2 2018 (USD millions)
Revenue 108.5 108.0 0.5% 78.1 ...


Japan – Career Co reports revenue

13 August 2019

Career Co., Ltd, (6198:JP), a Japanese HR services firm, reported revenue for the nine months ending 30 June 2019 of JPY 8.33 billion (USD 79.2 million). The group did not provide prior year results for comparison. However, 2018 9-months results are posted below the 2019 results.

(JPY millions) ...


Australia – More than half of businesses restructuring to keep up with changing business needs: Hays

13 August 2019

More than half, or 54%, of Australian employers are currently restructuring their department or organisation to keep up with changing business needs, up from 52% last year, according to research from Hays Australia.

The research surveyed more than 3,400 organisations in Australia and found that 49% said...


India – Staffing firms expect 10-15% jump in temp hiring for festive season (Economic Times)

13 August 2019

Staffing firms in India are predicting a 10-15% increase in temp hiring this festive season, reports the Economic Times, citing hiring data from firms like Quess, TeamLease Services, Manpower, Kelly Services and CIEL HR Services. Temp staffing firms said ecommerce firms led by Flipkart and Amazon will...


Australia – Rubicor enters voluntary administration

12 August 2019

Australian recruitment firm Rubicor Group Limited has entered voluntary administration.

The ASX-listed firm last week announced that it appointed business advisory firm FTI Consulting as voluntary administrator of Rubicor Group and all of its Australian subsidiaries.

“After exploring a number of...


Japan – Fullcast Holdings revenue and profits climb

12 August 2019

Japan-based staffing firm Fullcast Holdings (4848: JP) reported revenue on Friday of JPY 21.20 billion (USD 201.5 million) for the first six months ended 31 December 2018, a 15.5% increase compared to last year.

(JPY millions) H1 2019 H1 2018 Change H1 2019 (USD millions)
Revenue ...


Japan – WDB Holdings Q1 revenue rises, but profits slip

12 August 2019

WDB Holdings Co. Ltd (2475:TYO), a holding company that includes staffing firms, reported net sales rose 4.0% in its first quarter ended 30 June 2019.

(JPY millions) Q1 2019 Q1 2018 Change Q1 2019 (USD millions)
Revenue 10,709 10,293 4.0% 101.8
Operating Profit ...


Australia – HiTech revenue and profits rise in H1

12 August 2019

Australian recruitment and consulting company HiTech Group Australia (HIT: ASX) reported operating revenue today for the full year 2019 of AUD 30.3 million (USD 20.4 million), an increase of 14.8% compared to the same period last year.

(AUD millions) H1 2019 H1 2018 Change H1 2019 (USD...