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Contingent Staffing

Axiums Collapse Raises Vendor Management Questions

February 7, 2008
When Axium filed for bankruptcy, staffing companies scrambled to collect outstanding bills that have been estimated at anywhere from $100 million to $300 million. Questions are being raised about vendor management system arrangements in general, and their power to control large numbers of staffing vendors.
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Staffing Firm Sells Off Non-Core Division

February 6, 2008
Hudson Highland Group’s energy and engineering staffing subsidiary does not typically reflect low-skilled staffing, but was sold because it is not as profitable as divisions like legal and IT talent placement.
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Staffing Firms Expect Slowdown in 2008 Business

January 18, 2008
More than 70 percent of staffing industry executives say they expect growth to continue at a lower rate this year, and 21 percent predict their business will remain stagnant or decline, according to a new survey.
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