Some picked-up pieces, news, and insights from across the evolving world of talent and work:
- Integrated workforce management platform Magnit announced the appointment of Doug Barnett as the company’s new chief financial officer (CFO). Barnett, who has more than 20 years experience in the technology and software industry, was previously the EVP and CFO at the Sabre Corporation. Barnett also held roles at Informatica, TriZetto Corporation, and UGS.
- Talent marketplace giant Upwork announced that its platform can now be utilized to hire full-time, traditional talent. The strategic expansion will allow users of the Upwork solution to harness its end-to-end technology to vet, engage, hire, onboard, and pay workers globally across 180 countries. The expanded offerings will also see the platform’s payroll, compliance, and contract management functionality available to more small and mid-sized businesses rather than to just the company’s Enterprise Suite users. Businesses can also leverage a contract-to-hire model before committing to a full-time position (stay tuned to the Future of Work Exchange for more coverage of this exciting and disruptive news). The company also announced that fourth-quarter revenue rose 18% year over year.
- Staffing giant Kelly Services announced that revenue in the United States rose by 1.8%, fueled by better-than-expected economic conditions and increases in hiring across many verticals.
- Adecco announced that Geno Cutolo will assume the position of head of Adecco North America. Cutolo previously served as CEO of Staffmark Group and is a 20-year veteran of the staffing industry.
- Eightfold AI unveiled its new Intelligent Experience (IX) offering, which the solution anticipates will help talent acquisition and human capital teams not only optimize their core and operational processes, but also make it easier to integrate artificial intelligence into these critical functions. The new tool will provide users with more transparent talent intelligence and enable AI-fueled automation for talent management scalability.
Make sure to register for next week’s exciting, exclusive webcast, Omni-Channel Talent Acquisition: The Future of Hiring. Hope to see you there!
