Japanese Staffing Firm Recruit Plans IPO Worth $1.8 Billion
(09/10/14) Ritsuko Ando
Recruit Holdings, Japan’s biggest recruiting firm, is planning an initial public offering worth $1.8 billion. The IPO will be used to pay for future acquisitions in the company’s quest to become the largest staffing firm in the world by 2020. Recruit has acquired a number of foreign competitors in recent years, including U.S. staffing firms CSI, Advantage Resourcing, and Staffmark Holdings, as well as the U.S. job search website Indeed.com.
TeamHealth Acquires Florida Gulf-to-Bay Anesthesiology Associates
TeamHealth Holdings News Release
TeamHealth Holdings Inc., a provider of outsourced physician staffing solutions for hospitals, has acquired the operations of Tampa, FL-based Florida Gulf-to-Bay Anesthesiology Associates. FGTBA’s physicians and certified registered nurse anesthetists manage approximately 160,000 cases annually through anesthesia management services for eight hospitals and 11 ambulatory surgery centers.
Anthony Bosco Named President of Yoh
Day & Zimmermann News Release
Day & Zimmermann, a provider of construction and engineering, staffing, and defense solutions, announced yesterday that current chief information officer Anthony Bosco has been named president of Yoh, a Day & Zimmermann company focused on professional staffing services and workforce solutions. Lori Schultz, former president of Yoh, is leaving the organization to pursue other endeavors.
Job Openings and Labor Turnover Essentially Unchanged
U.S. Bureau of Labor Statistics
The U.S. Bureau of Labor Statistics reported 4.7 million job openings at the end of July, and the 3.5% hires rate and 3.3% separations rate were unchanged from June, as were the 1.8% quits rate and 1.2% layoffs and discharges rate. There were 4.9 million hires and 4.6 million total separations in July. During the year-to-year period ended in July, there were 56.0 million hires and 53.5 million separations, amounting to a net employment gain of 2.5 million.
Free ASAPro Webinar Tomorrow—Build a Sales Playbook
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webinar “How to Design Your Sales Playbook: Driving Repeatable Winning Sales Behavior
,” 3–4 p.m. Eastern time. Learn which strategies and tactics will best help you sell your firm’s services to potential clients and how you can develop a guide for properly executing each step of the sales process.
webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net