Recruiter Company Updates

Recruiter.com CEO Discusses WeWork Partnership, Substantial Market Capture Opportunity on Proactive Investors

Written by Sarah Schultz | Apr 29, 2021

 

HOUSTON, April 29, 2021 -- Recruiter.com Group, Inc. (OTCQB: RCRT), an on-demand video hiring platform and hiring marketplace, presented to Proactive Investors its inaugural partnership with WeWork, the global flexible workspace provider.

The Recruiter.com Flex membership offers curated pipelines of high-quality talent who are an excellent fit for growth-stage startups at less than $500 a month and no minimum commitment. Through the partnership with WeWork, Recruiter.com’s customers will also have privileged access to WeWork All Access, a subscription-based product that provides access to hundreds of WeWork locations across the world.

“The flexible space is really a phenomenal model,” shared Recruiter.com Chairman and CEO Evan Sohn, “WeWork is a good partner for us and our new subscription services that help companies grow their talent faster using AI-screening and video tools and our entire technology platform. WeWork has a huge percentage of their client base that are high growth companies; they can leverage our tools to grow their talent pool effectively.”

With just under half of WeWork’s member population being small to medium-sized businesses, Recruiter.com Flex has a unique opportunity to help WeWork’s community of early and growth-stage organizations hire high-caliber, AI-matched, and video-screened talent at their own pace.

Sohn added, “When you’re thinking about talent, we want to be that first phone call. Even if we capture a fraction of that market, it’s an incredible opportunity for us.”

The full interview of Sohn discussing the WeWork partnership is available here: https://www.youtube.com/watch?v=MLx4L_sqTtA&t=6s.

Recruiter.com Group, Inc.
Recruiter.com is an online hiring platform delivering on-demand recruiting technology and services to both large and small businesses. With AI and video technology, and the world's largest network of recruiters, Recruiter.com delivers on-tap recruiting that flexes with hiring needs. To learn more, visit https://www.recruiter.com. For investor information, visit https://investors.recruiter.com.

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LinkedIn Company Page: https://www.linkedin.com/company/1240434
Twitter Company Page: https://twitter.com/recruiterdotcom
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Company Contact:
Sarah Schultz
Director of Communications
Recruiter.com Group, Inc.
Phone: (855) 931-1500
sschultz@recruiter.com

Investor Relations:
Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
dave@redchip.com

Cautionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the anticipated improvements of the job market over the short and long term, expected improvement of the job requirement loads in the next 30 days, expected robust recoveries in the healthcare, construction and education segments, and the anticipated increase in demand in the aviation/aerospace segment and the arts/music/journalism segment. The words "forecasts" "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the accuracy of the Recruiter Index® survey, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2020. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statements publicly, whether as a result of new information, future developments, or otherwise, except as may be required by law.