Matt Pietsch, chief revenue officer at AI and predictive analytics firm Engage Talent, thinks companies need to focus on modernizing talent acquisition.
East Africa-focused recruitment site Fuzu.com has secured a $3.8 million investment in a Series A funding round.
British on-demand staffing platform Rota has secured £3 million ($3.8 million U.S.) in a new funding round led by independent London-based investment firm Puffin Point.
“The biggest problem we have is getting accurate data. This factor has created a low-trust environment for employers.”
Collective Benefits, a new British recruitment start-up has closed on £3.3 million ($4.27 million U.S.) of seed funding.
German start-up WorkGenius has raised an additional $7 million U.S. in funding, taking the total raised by the company to around $20 million U.S.
Australia-based recruitment giant Seek posted strong revenue growth in the six months through December, despite weak economic conditions in almost all of the company’s key markets. However, profits slipped 24% to $75.6 million AUD ($49.8 million U.S.).
The Finish government has launched multi-agency recruitment site Jobs.workinfinland.fi. It aggregates job offers that don’t require Finnish skills, serving employers and job seekers alike.
A different type of recruitment site is beginning to come of age, due to a model that improves the outcomes for talent and employers by “flipping” the recruitment process.
CareerBuilder’s private equity owners are continuing the business of “parting out” the company, selling off another significant piece of the pie.
Hamburg-based New Work SE, the operator of professional network Xing, has appointed Robert Bertschinger as its new managing director in Switzerland.
Japanese recruitment firm En-Japan Inc. has acquired job site operator Brocante in a share exchange deal worth 600 million yen ($5.5 million U.S.). Brocante operates Freelance Start, one of the largest freelance recruitment platforms in Japan.
Saramin.co.kr, the biggest recruitment marketplace in South Korea, has introduced an AI-powered resume screening tool to help job-seekers understand the strengths and weaknesses of their profiles.
Polish media company Agora has lowered the valuation of its recruitment site GoldenLine.pl for the second year in a row. The company said the impact of this valuation write-down would be about PLN 6.5 million ($1.7 million U.S.) in Q4 of FY2019.