CareerBuilder buys majority stake in Textkernel

Global human capital solutions provider CareerBuilder has acquired a majority stake in recruitment software company Textkernel.
Wed, 22 Jul 2015

Global human capital solutions provider CareerBuilder has acquired a majority stake in recruitment software company Textkernel.

Amsterdam-based firm Textkernel’s technology works by providing semantic search and matching technology to automatically suggest the most relevant profiles in a client’s CV database based on a job description, while also offering multi-lingual CV parsing. It can convert any CV or social media profile into a complete and searchable database record in any system. 

CareerBuilder adds Textkernel’s HR modules are customisable, and can be integrated into CareerBuilder’s pre-hire platform, while Jobfeed, Textkernel’s big data analytics tool for jobs, will help accelerate the global expansion of CareerBuilder’s Supply & Demand portal.

The portal works out the expected difficulty of filling a position in a particular market by measuring the number of job openings for that occupation against the available talent.

IBM survey finds UK business leaders expect 25% of workforce need to retrain

An IBM survey has found that a large number of UK respondents expect roughly 25% of the workforce would need retraining as a result of artificial intelligence (AI).

30 April 2024

UK fraud prevention service reveals rise in dishonest conduct by new recruits

Data sent to Cifas has revealed an increase in new recruits committing dishonest conduct against employers.

30 April 2024

Skills gaps remain in financial services, says new report

Recruitment pressures have eased but challenges remain, according to the Financial Services Skills Commission (FSSC) Future Skills Report 2024.

25 April 2024

NEW TO THE MARKET: 22-26 APRIL 2024

This week’s new launches include: Flowlio, Hays, The IN Group

New to Market 25 April 2024
Top