European business social networking site Viadeo has purchased Indian rival ApnaCircle.com.
Viadeo, which also has operations in China and Mexico, is set to target Europe and emerging countries. Its strategy is based on two central points: the opening of regional offices and relationship building with local business leaders.
UK listed Irish multi-sector employment services group Cpl Resources has announced a fall in profits.
Profits after tax for the half year ended 31 December 2008 were 739,000 euros (£651,000) compared to 10.2m euros (£8.99m) for the same period in 2007.
Revenue fell to 118.9m euros (£104.8m) compared to 132.4m euros (£116.7m) in 2007.
James Saunders, managing director of 4MAT, is urging recruiters to look beyond search engine optimisation (SEO) when devising their
digital marketing strategies.
To help recruiters use other methods, 4MAT, which develops websites for the recruitment industry, has launched a digital marketing
Day rates for interim managers continue to climb, but demand is leveling out.
A new study by interim management recruiter, Russam GMS, found the average day rate increased from £603 to £612 between June and December 2008.
Charles Russam, chairman of interim management recruiter Russam GMS, told Recruiter:
Matchtech shares took a bit of a hit last week after the company’s trading update.
As Recruiter went to press, the company’s shares were at a new 12-month low of 164.5p, a 12.5% decrease compared to our previous share table.
Negotiations are underway to limit the administrative and cost burden of the Temporary [Agency] Workers Directive (TAWD).
Executive recruiter Korn/Ferry International has reported lower-than-expected third-quarter results which could also extend into Q4.
Media and marketing recruiter Xchangeteam has appointed Mike Berry as its new managing director, following a restructuring of its operations.
Emma Brierley, Xchangeteam’s founder and chief executive, will assume the position of chairman and will focus on the strategic direction of the company.
Two of the ‘big boys’, Michael Page and Hays, updated the City during the last period with quarterly announcements. It’s a toss-up as to which announcement contained the grimmest news, with Michael Page’s 38% fall in UK gross profit vying for that dubious honour, against Hays’ 37% reduction in net fee income.
