Recruiting Industry News Roundup from August 2021

Company Updates

Recruiting Industry News Roundup from August 2021


Welcome to Recruiter Roundup, where we take a monthly look at the most exciting recruiting and HR industry news.

What's New at

  • acquired Novo Group, Inc., a provider of flexible talent acquisition to a wide array of customers, including life sciences, manufacturing, and consumer goods. Novo Group COO Michael McElherne joins as SVP of On-Demand Delivery, along with talented sales, delivery, and customer support staff from the Novo team. Read more about the acquisition here.
  • posted its second-quarter 2021 results. Revenues rose 38 percent quarter-over-quarter and 81 percent year-to-date.'s on-demand recruiting service also grew 88 percent quarter-over-quarter. Net profit was $3.5 million, or $.99 per share, for the quarter. For more information, listen to the company's Q2 earnings call here
  • CEO and Chairman Evan Sohn appeared on both Yahoo Finance and CNBC to discuss the July 2021 Recruiter Index® results and the broader post-pandemic job market. Sohn also joined Rob Stevenson on the Talk Talent to Me podcast to talk about the "Golden Age of Recruiting."

Recruiting Industry Investments / M&A Activity

  • Multinational consulting firm Accenture acquires workforce optimization consultancy Workforce Insight. (source)
  • Talent management platform Cornerstone OnDemand to go private following acquisition by Clearlake Capital. (source)
  • Recruiting and staffing technology company Bullhorn acquires scheduling management solution Sirenum. (source)
  • AI-focused recruiting platform acquires staffing firms Fortus Healthcare Resources and Endevis. (source)
  • Talent cloud company iCIMS files for proposed IPO. (source)
  • Global workforce solutions provider ManpowerGroup acquires IT resourcing and services provider ettain group. (source)
  • IT and professional staffing provider ASGN acquires the Infor business unit of Avaap, agrees to sell its Oxford Global Resources business unit to an H.I.G. Capital affiliate. (source)
  • Automated HR, payroll, and benefits platform Employment Hero raises $100 million in Series E funding, hits $585 million valuation. (source)
  • Self-described "recruitment orchestration platform" Dover raises $20 million in Series A funding. (source)
  • AI-powered hiring solution Talview raises $15 million in Series B funding. (source)
  • TopSource Global Solutions and PEO Worldwide merge to form new global employer services company, TopSource Worldwide. (source)
  • KARE, a digital labor marketplace for the senior care industry, raises $7.85 million in Series A funding. (source)
  • Recruitment software provider Gem acquires Resource, launches new candidate experience solution, Guide. (source)
  • AI-powered IT recruiting company expertlead raises $11 million. (source)
  • Workforce intelligence company Revelio Labs raises $4 million in seed funding. (source)
  • Hourly talent marketplace Instawork acquires AI-powered recruiting platform Drafted. (source)
  • Diversity recruiting solution Joonko raises $10 million. (source)
  • HR technology company Headway Workforce Solutions sells PathGoal Employer Services subsidiary to PrestigePEO. (source)
  • Digital HR solutions provider HIRE Technologies, Inc., acquires executive search firm Leaders and Co. (source)
  • HR technology provider Ascentis acquires time and attendance solutions company Cincinnati Time Systems. (source)
  • AI-powered resume-building platform Hiration raises $3 million in seed funding. (source)
  • HR management solution Gusto raises $175 million in Series E funding. (source)
  • Buildforce, a technology solution for sourcing and managing skilled construction professionals, raises $4 million in funding. (source)
  • Talent management platform Anthill raises $3 million in seed funding. (source)
  • Conversational recruiting software provider Paradox acquires assessment platform Traitify. (source)
  • Talent intelligence platform raises $7 million in funding. (source)
  • Workforce management provider Prospr raises $3.2 million in seed funding. (source)

Must-Read Reports

  • New research from WorkForce Software, SAPinsider, IBM, and Eightfold AI finds organizations are investing more in the employee experience post-pandemic. (source)
  • The Great Resignation continues: Roughly one in three workers are thinking about quitting, according to a MagnifyMoney survey. (source)
  • AI adoption is spreading throughout the HR industry, according to Eightfold AI, with more than half of HR teams already utilizing it in some capacity. (source)
  • Driven by labor shortages, as many as 75 percent of business owners are investing in automation or thinking about doing so. (source)
  • Another approach to labor shortages: pay more. reports 62 percent of employers plan to increase salaries to attract new workers. (source)
  • Part-time and flexible-hours jobs may be roaring back, with nearly 2 million new openings posted in July. (source)
  • New Lever report finds a dramatic disconnect between employers and employees when it comes to DEI. (source)
  • The American Staffing Association reports continued growth in staffing employment, with 30.6 percent more staffing jobs in August 2021 compared to August 2020. (source)

Company News

  • Beeline and Glider AI announce partnership to make it easier for hiring managers to vet and hire contingent workers. (source)  
  • Global employment platform Globalization Partners teams up with talent search firm CQ Global to streamline international hiring and onboarding. (source)
  • Exela Technologies, Inc., launches HR outsourcing service Exela HR Solutions in the US and India. (source)
  • Randstad US gears up for the hybrid future of work with reimagined headquarters. (source)
  • Rethink relaunches employee well-being and professional development platform Whil. (source)
  • Globalization Partners launches new benefits dashboard. (source)
  • LEAPROS Workforce Solutions spins off HR consulting division to form Insight HR Consulting LLC. (source)
  • SmartSearch announces host of new updates to its talent acquisition and staffing management software. (source)

Legal and Regulatory Updates

  • New York City's Fair Chance Act went into effect, greatly expanding protections for job applicants with criminal backgrounds. Even if your company doesn't hire in New York City, it's worth paying attention to how this plays out: A similar federal-level amendment will go into effect at the end of this year. (source)

Upcoming Events

  • Global employment conference PANGEO 2021, held by Globalization Partners and sponsored by ADP, IRIS, Ceridian, PayGroup, Sequoia, and activpayroll, runs virtually October 20-22. Learn more.

Are you interested in having your company featured in this recruiting industry report? Send an email to our editor,, with your company's news or announcements. Our regular publication, RecruiterToday, also features thought leadership from recruiting and talent acquisition professionals and accepts content contributions.

Tags: Company News

Written by Miles Jennings

CEO of