Recruitment tech vendor MrTed is being acquired by StepStone Solutions, a global talent management provider based in the United Kingdom.
HR software vendor Taleo grew its revenue and customer count during the second quarter of this year and though it also grew its net loss, the company beat Wall Street’s earnings estimates. The company reported this afternoon that it lost $1.4 million, up from just $113,000 in the same quarter last year. Stock options and costs relating to previous acquisitions totaling $6.9 million were responsible for the loss
Jobmagic has joined the growing number of vendors offering social media recruiting tools. The company, the successor to job-match provider Vitruva, released a tool set for recruiters and employers that simplifies the distribution of jobs to social networking sites and spiffs up their appearance with logos, pictures, and even embeds You Tube videos. Most of the features automate the job distribution to social and business networking sites and via Twitter channels. The graphic elements and the interactive components are differentiators in this growing area of social media servicing
With only one day left in the public comment period, the blitz promised by opponents of the .jobs expansion plan is all but overwhelming the proponents.
The last time I wrote about a product I found useful I got worked over pretty well .
Jobster, the company most famous for burning through almost $55 million in venture capital while it searched for a business model, has been sold to Zapoint. An excited Chris Twyman, Zapoint’s founder and CEO, told me the acquisition fills a void in his company’s portfolio
Alone among the publicly held HR technology companies, Taleo reported it both grew revenue and earned a profit in 2009. The company released its financial results for 2009, today, which, its chairman and CEO Michael Gregoire called, “A truly outstanding year.” Taleo had revenue of $198.4 million and profit of $1.3 million. In 2008, Taleo lost $8.1 million on revenue of $168.4 million. The bottom line got a huge boost in the 4th quarter when the company’s profit was $4.6 million, which included a one-time $2.5 million from the purchase of Vurv 18 months ago.
US.Jobs site with social elements displayed In a blog post about yesterday’s DirectEmployers meeting, publishing industry analyst and consultant Peter Zollman called it “a valuable information session.” Recruitment consultant Gerry Crispin, who attended this morning’s second session, described it as a useful meeting that left him “very satisfied that the intent (of the creation of the dot-jobs domain) I have consistently written about … is reflected in what DirectEmployers is doing.” The meetings they and a few others — perhaps a dozen in all — attended in Indianapolis were called by the DirectEmployers Association to answer questions and explain the non-profit recruiting consortium’s plans to build-out tens of thousands of recruitment sites all with an Internet address ending in .jobs. Zollman reports in his blog post that next week 25,000 of the sites will go live. The “number will increase exponentially on an ongoing basis,” writes Zollman, until every community in the U.S. over 5,000 population has a job site for itself.