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Hamburg-based business and career network New Work SE (formerly Xing SE) on Thursday confirmed its outlook for the financial year after revenue nudged up 6% in the first half of 2020.
Beyond the enormous human toll coronavirus has had over the past few weeks, the pandemic has also had a significant impact on people’s careers. Temporary furloughs, rescinded job offers, hiring freezes, and layoffs have created a tremendous amount of upheaval across all industries and roles.
In this week’s Covid-19 Digest, we take a look at how freelancing and remote work is being impacted by the pandemic.
The Supreme Court has asked HR tech company HiQ Labs to respond to LinkedIn’s appeal of a lower court’s ruling regarding the scraping of member data. The request is a sign that at least one justice thinks LinkedIn’s appeal could merit a hearing by the top court in the U.S.
Recruitment aggregation is highly competitive on a global level. Canada-based Talent.com hopes to become a major contender and disruptor. It is already the No. 6 job site by total monthly visits globally.
In this week’s digest, we look back at how the 2008/9 recession affected recruitment marketplace revenues; job listing falls by segment and country, drawing on data from Seek in Australia and Indeed globally; insights and resources from classified sites and markets globally; Traffic volume trackers for auto, real estate, recruitment and horizontal marketplace sites, and […]
Employer-review site Glassdoor is beefing up its job board during the Covid-19 crisis, rolling out a special section for essential work postings along with special badging for companies hiring lots of workers.
Japanese recruitment firm DIP Corp. reported a 9.9% rise in net income to Y10 billion ($92 million U.S.) for fiscal year 2020, which ended Feb. 29. The company said the growth was due to ongoing investments in advertising and sales.
LinkedIn is offering free job postings for essential positions over the next three months, according to a company statement.
Oil industry staffing platform RigUp has laid off a quarter of its staff due to the Covid-19 crisis. The move came just months after the company finished a $300 million U.S. funding round.
ZipRecruiter on Friday laid off almost 500 employees, 39% of its total headcount, due to the sharp reduction in job postings and hiring during the new Coronavirus pandemic.
Matt Pietsch, chief revenue officer at AI and predictive analytics firm Engage Talent, thinks companies need to focus on modernizing talent acquisition.