In order to break my habit of writing about Google Jobs, I decided it was time for another news roundup (plus the fact that it’s been a month since the last one). Not surprisingly, things have been happening. Apparently the concept of ‘summer vacation’ doesn’t apply to the recruitment marketing industry! At any rate, let’s take a look:
- Indeed keeps growing: Apparently oblivious to the looming Google threat, Indeed announced that it was adding 500 news jobs in Stamford, Connecticut. The company has also doubled its headcount in Seattle. And, oh by the way: it is also buying Interviewed, the online job assessment tool. So yeah, nothing to see here, folks….
- Triplebyte is expanding: The recruiting/screening/job board company Triplebyte is expanding its geographic reach into New York – and its niche into finance. The company makes all technical recruits go through an automated screening test, followed up by a two-hour technical interview. And no, they’re not cheap.
- DHI Group Inc. Q2 Earnings Fall 62%: DHI Group, parent organization for Dice, saw its Q2 2017 earnings drop 62% even as it posted a profit of 4 cents per share. In the earnings call, CEO Mike Durney said that “the senior management team has taken a more hands-on role in the day-to-day operations of our tech-focused brands, which include Dice, ClearanceJobs, and eFinancialCareers.” Hmm.
- Randstad up, Monster down: Second-quarter revenue at Randstad Holding NV rose 9% on an organic basis, which excludes the impact of currency, acquisitions and divestitures and adjusts for working days. European markets drove the growth with revenue on an organic basis up 29% in Italy, 16% in Iberia and 14% in Belgium and Luxembourg. Monster sales growth fell 16%, in line with the first quarter. Win some, lose some.
- RealMatch powers Gannett jobs: After many years with CareerBuilder, Gannett has decided to power its newspaper recruitment sites via RealMatch. Gannett will leverage the audience of USA Today Network, its group of over 100 local news organizations, to establish a new content syndication program. Wonder if CB is happy – or sad?
- Expert360 raises cash: Expert360, an online marketplace to access and manage freelance consultant talent for enterprises, has now raised $10M.The company is based in Australia, and already has 15,000 freelancers using the site.
- LinkedIn is sued: LinkedIn is being sued by HiQ Lab, which discovered an obvious but little exploited reality about its millions of professional profiles: staff polishing up their online CVs are likely to quit. HiQ assigns red, yellow or green “flight-risk” probabilities to employees by monitoring changes in their LinkedIn profiles and other public information. Elsewhere in LI Land, the company is debuting a new service that identifies potential mentors and people who might be looking for mentorship in a specific area, and then helps match them to each other.
- Xing gets bigger: Xing has acquired Munich-based, global expat network InterNations.org for around €10 million ($11.4 million U.S.). InterNations, which was founded in 2007, has more than 2.7 million members across 390 cities worldwide (Xing has 12 million registered members in Germany, Austria, and Switzerland) and offers expats a variety of ways to connect with each other. Smart move by Xing.
- Google (the foundation) focuses on work: Google.org is on a mission to help people find jobs, so it has pledged $50 million to fund nonprofit organizations that are focused on using technology to improve job searching, job matching, skill-building and all things job-related. The foundation is going to direct $2 million to fund more research on the future of work and then share those learnings over the next couple of years. Interesting.
That’s it for now, folks! More news next month.[Want to get Job Board Doctor posts via email? Subscribe here.]