Bots Applying to Bots? The AI Tech Race — plus, Acquisition Gets Probed
How Job Seekers and Recruiters Are Battling for an Edge in AI Hiring
Will the future soon be nothing but bots screening resumes submitted by bots? As artificial intelligence reshapes recruitment, both job seekers and hiring managers are increasingly turning to AI tools. Candidates leverage AI for resume and cover letter creation, while recruiters use it to efficiently process applications.
Read more in the full article.
Monteverde & Associates Launches Probe into Inflection Point Acquisition Corp. II Merger
Monteverde & Associates PC, a top-ranked shareholder rights law firm, has initiated an investigation into the proposed merger between Inflection Point Acquisition Corp. II (IPXX) and USA Rare Earth, LLC. The firm, known for recovering money for shareholders, is examining the terms of the agreement where IPXX common stock will be converted into shares of USARE common stock.
"No company, director or officer is above the law," states Monteverde & Associates PC.
Read their full statement in the release.
ZipRecruiter Zips Ahead with AI-Powered Video Interviews
ZipRecruiter has fully launched ZipIntro, an AI-driven video interviewing solution that promises to accelerate hiring by facilitating rapid face-to-face connections between employers and job seekers. The new feature, which allows employers to conduct quick video screening sessions directly on the ZipRecruiter platform, is reported to help employers get 3x more quality candidates.
"The impact of human connection in the hiring process is more important than ever in today's competitive job market. With ZipIntro, recruiters and hiring managers can forge those critical connections faster to assess the true potential of each candidate," said Megan (Leahy) Allen , Senior Vice President of Product at ZipRecruiter.
Learn more about the new tool here.
Empower Partnerships Bolsters Leadership Team for Mid-Market RPO Expansion
Empower Partnerships , a women- and minority-owned recruitment process outsourcing (RPO) and HR consulting firm, has announced key leadership appointments to drive growth in the mid-market sector. Sarah Peiker joins as CEO, leading a team of new executives including David Corrigan as VP of Sales, Meredith Guenther as VP of Operational Excellence, and Christine Rudella as Senior Director of Marketing.
Read more about the new team.
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Tech Layoffs Surge in August, Hitting Highest Level Since January
Over 26,000 tech industry layoffs were announced in August, the highest monthly total since January, according to data from Layoffs.fyi . Major companies like Apple, IBM, Cisco, Dell, and Intel were among those cutting staff as the industry focused on cost-cutting and freeing up capital for AI initiatives.
Giuseppe Gasparro of AlixPartners notes this downsizing trend shows no signs of slowing.
Read the full article for more.
Paylocity's $325M Airbase Acquisition
Paylocity , a leader in cloud-based HR and payroll software, has announced its agreement to acquire Airbase , a spend management software provider, for approximately $325 million. This strategic move aims to expand Paylocity's offerings into the Office of the CFO, allowing clients to manage all business-related spend on a unified platform.
"I'm very excited about the acquisition of Airbase, which we believe will allow us to provide companies with an integrated software platform to manage all aspects of their operational spend," said Toby Williams , President and CEO of Paylocity.
Dive into the details here.
AI at Work: Meet the 5 Employee Personas HR Leaders Should Know
New research from Slack identifies five distinct AI user personas among employees, ranging from enthusiastic "Maximalists" to skeptical "Rebels." Christina Janzer, SVP of Research and Analytics at Slack, explains how there are three actions HR leaders can take to encourage responsible AI adoption and maximize its benefits in the workplace.
Learn how to navigate the AI landscape in your workforce.
Oyster's $59M Series D Fuels Global Employment Revolution
Oyster® , a leader in global employment solutions, has secured $59 million in Series D funding led by @Silver Lake Waterman, valuing the company at $1.2 billion. CEO Tony Jamous emphasizes that this investment will accelerate Oyster's mission to democratize access to global job opportunities. The B Corp-certified unicorn plans to enhance its platform, improve compliance capabilities, and expand its impact on global employment, particularly in emerging markets.
Learn more in the full article.
Thanks for the share! Empower Partnerships