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Online staffing platform Fiverr files for IPO, reports net loss increased to $36.1 million last year

May 17, 2019

Online staffing provider Fiverr International Ltd. filed a registration statement with the US Securities and Exchange Commission for its proposed initial public offering. Fiverr, which is headquartered in Tel Aviv, Israel, intends to list its ordinary shares on the New York Stock Exchange under the ticker...


Amazon leads $575 million funding round in Uber Eats’ competitor Deliveroo

May 17, 2019

Seattle-based Amazon is set to be the largest investor in Deliveroo’s $575 million Series G funding round. London-based Deliveroo, a human cloud food courier firm, is raising the funds with participation from the online retail giant alongside existing investors T Rowe Price, Fidelity Management and...


Cross Country Healthcare settles birth injury lawsuit ahead of $31 million jury award

May 17, 2019

Cross Country Healthcare Inc. (Nasdaq: CCRN) settled a medical malpractice lawsuit claiming that one of its nurses failed to properly monitor a baby during his 2013 delivery at Massachusetts General Hospital, according to a filing with the US Securities and Exchange Commission.

The Boca Raton, Fla.-based...


Economic growth to moderate toward 2% but still on track for the longest expansion in US history

May 17, 2019

Economic growth in the US will likely to decelerate toward 2% this year but is still on track for the longest expansion in US history, The Conference Board forecasts in its US Leading Economic Index, released today.

April’s index reading rose 0.2% to 112.1 (2016 = 100), following a 0.3% increase in...


Vermont posts lowest jobless rate in April; three states hit series lows

May 17, 2019

Vermont posted the lowest jobless rate among all states in April at 2.2%, the US Bureau of Labor Statistics announced today. Alaska had the highest unemployment rate in April at 6.5%.

The BLS noted rates in Vermont, as well Pennsylvania at 3.8% and Wisconsin at 2.8%, set new series lows; all state series...


People: ADP, Caldwell, CareerArc, Atwork Group

May 17, 2019

Francine Katsoudas was named to the board of Automatic Data Processing Inc. (NASDAQ: ADP) a Roseland, New Jersey-based provider of payrolling, PEO and other services. Katsoudas presently served as executive VP and chief people officer at Cisco Systems Inc.

Executive search firm The Caldwell Partners Inc....


Facebook’s job offer acceptance rate falls since Cambridge Analytica scandal, recruiters report (CNBC)

May 17, 2019

More than half a dozen recruiters who left Facebook in recent months told CNBC that the tech company experienced a significant decrease in job offer acceptance rates after the March 2018 Cambridge Analytica scandal, in which a data firm improperly accessed the data of 87 million Facebook users and used...


Investment in recruiting chatbots jumps: SIA

May 16, 2019

Investment in recruiting chatbots jumped from 2014 through this year, and more than $100 million in funding has been raised for the four most significant chatbots alone, according to the “Introduction to Chatbots” report released by Staffing Industry Analysts.

“Recruitment chatbots, in particular,...


Revenue falls 9% at GEE Group in fiscal Q2

May 16, 2019

Revenue fell 9.2% at staffing provider GEE Group Inc. (NYSEAMERICAN: JOB) in its fiscal second quarter ended March 31, according to a filing today with the US Securities and Exchange Commission. Net margin narrowed, and net loss increased. The Jacksonville, Florida-based company provides staffing in...


IT staffing firm acquires fintech search firm and IT staffing provider

May 16, 2019

BizTek People Inc. announced Wednesday that it acquired InSite Search Services, a search firm focused on fintech, and BlackRock Professional Services LLC, an IT staffing firm.

InSite is based in Westport, Connecticut, and it specializes in fintech placements of quantitative developers, data scientists...