The Shred is a weekly roundup of who’s raised funds, who’s been acquired and who’s on the move in the world of recruitment. The Shred is brought to you today by Jobcase.
[00:00:01] Hi kids lock the doors. You're listening to HR's most dangerous podcast Chad Sowash and Joel Cheeseman
[00:00:09] Hey boys and girls, it's Joel
[00:00:12] Cheeseman of the Chad and Cheese podcast and this is the shred for the fourth week of May
[00:00:18] 2024 the shred is a weekly roundup of who's raised funds who's been acquired and
[00:00:22] Who's on the move in the world of recruitment?
[00:00:25] The shred is brought to you today by job case the online community where workers of all kinds like hourly employees
[00:00:32] tradespeople and healthcare technicians
[00:00:35] Access jobs make connections and support each other in every aspect of their work life
[00:00:40] Job case has over 100 million workers on the platform
[00:00:44] So if you need to hire now, you probably need to talk to job case today to learn more go to job case
[00:00:51] Jobcase.com backslash hire that's job case.com backslash hire
[00:00:57] And now to the news in no particular order
[00:01:05] San Francisco based artisan AI has raised seven point three million dollars to develop autonomous AI employees
[00:01:13] aiming to replace and consolidate top SAS products
[00:01:17] This brings total funding to nine point six million dollars the startup supported by Y Combinator launched Ava an AI
[00:01:26] business development representative and
[00:01:28] Plans further AI roles to automate and streamline enterprise workflows
[00:01:34] Founded just last year the company employs 25 people another one
[00:01:40] London based read global has acquired New York based code nation
[00:01:45] Aiming to enhance its tech talent solutions by providing specialized training
[00:01:50] To bridge the tech skills gap this move promises to up skill and reskill workers
[00:01:56] drive inclusivity and support talent retention and
[00:02:00] development benefiting reads recruitment and workforce solutions
[00:02:05] Founded in 2018 code nation employs
[00:02:09] 124 people while read global founded in 2009
[00:02:14] employs 24
[00:02:16] Another one the former founders of pre-screen have raised
[00:02:21] 1.25 million euros for contract management software provider think
[00:02:27] The Austria based startup allows users to create check draw up and analyze large numbers of contracts
[00:02:35] The market valued at two point seventy five billion dollars in 2023 is projected to reach
[00:02:43] 9.2 billion dollars by 2032 driven by efficiency needs and AI
[00:02:49] integration founded in 2022 the company employs ten people
[00:02:55] another one
[00:02:57] Germany based Vita has secured 17 million euros from CIBC innovation banking
[00:03:04] To expand its payroll as a service platform into international markets
[00:03:10] Focusing on doc UK Benelux and the Nordics the funding will also support acquisitions and growth initiatives
[00:03:18] following Vita's recent acquisition by invest Corp founded in
[00:03:24] 1977 Vita employs 95 people
[00:03:28] another one
[00:03:29] Seattle based seek out an eight-year-old company once valued at one point two billion dollars
[00:03:36] Has laid off 30% of its workforce to address significant cash burn
[00:03:42] This is the second time the Seattle based startup has had layoffs cutting about 7% of its workforce back in October
[00:03:50] founded in 2017 they employ
[00:03:54] 228 people
[00:03:56] another one
[00:03:57] London based Zen educate has raised 37 million dollars in a series B round
[00:04:03] The largest in European EdTech this year bringing its total funding to 71.5 million dollars
[00:04:11] Their platform matches schools with substitute teachers
[00:04:15] Based on proximity skills and experience the funds will support expansion and new acquisitions globally
[00:04:22] founded in
[00:04:24] 2016 they employ eight hundred and twelve people another one
[00:04:29] Melissa Seltzer
[00:04:30] LinkedIn's chief marketing and communications officer has departed after eight years
[00:04:37] She joined in 2016 and led marketing and communications
[00:04:41] Prior to LinkedIn she worked for Cisco and Sun micro systems
[00:04:46] Seltzer plans to pause her career as she turns 50 and her children start preparing for adulthood
[00:04:54] Another one and lastly meta the artist formerly known as Facebook is
[00:05:00] Closing workplace and choosing work vivo by zoom as its only migration partner
[00:05:07] In case you missed it workplace is a communications platform
[00:05:11] combining chat video groups
[00:05:14] And groups on your intranet work vivo used by companies like Amazon and lululemon
[00:05:20] Says they expect to provide a smooth transition for users and enhance employee experience
[00:05:28] Guys all employee data is provided by our friends at LinkedIn be sure to tune into the weekly show
[00:05:33] For this and more news and commentary from the world of recruiting big
[00:05:36] Thanks to job case for supporting the shred
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[00:05:45] Whether you need one employee around the corner or maybe hire hundreds across the country job case helps you find the right people and
[00:05:53] Fast hit up job case comm backslash hire today to learn more again. That's job case comm
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