The Wire (Page 8)

Sixth Street Growth and Spectrum Equity join existing investors General Catalyst and Ryan Smith, Partner at HXCO, in a strategic round of financing to fuel a new era in the employee rewards, recognition and engagement space. SALT LAKE CITY, May 20, 2025 /PRNewswire/ -- Awardco announced today a $165 million Series B round of funding with a valuation that eclipses $1 billion, further solidifying its leadership and innovation in the employee rewards and recognition space.

Bring your first digital teammate into Slack today. By the team at Slack -- May 19th, 2025 -- Imagine having an AI agent that has the full context of your work, customer needs, and business priorities — right in Slack.

With hybrid work and digital complexity on the rise, TeamViewer ONE empowers organizations of any size and across industries to solve IT problems faster, simplify support, and power a frictionless, productive work environment where employees stay seamlessly connected. GÖPPINGEN, Germany, May 19, 2025 /PRNewswire/ -- TeamViewer, a global leader in digital workplace solutions, today launches TeamViewer ONE, a unified digital workplace management platform powered by advanced AI features, and designed to help organizations reduce downtime, optimize IT support, and elevate employee experience at scale. The company presented the new platform at the Gartner Digital Workplace Summit in London.

New AI Agents Help Speed Hiring, Improve Frontline Worker Experiences, Streamline Complex Financial Processes, and Empower Employees to Find Information Fast PLEASANTON, Calif., May 19, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the AI platform for managing people, money, and agents, today announced a new wave of Illuminate Agents designed to significantly speed up the hiring processes, improve frontline worker experiences, streamline complex financial processes, and empower employees to find information quickly and easily. The new agents leverage Workday's foundation of responsible AI and are purpose-built to supercharge employee productivity – creating a future where agentic AI fundamentally transforms how work gets done. "The key to unlocking real business value with AI is to actively reshape the very core of how businesses operate," said Gerrit Kazmaier, president, product and technology, Workday. "Workday is helping our 11,000+ customers in that transformation by leveraging our deep HR and finance expertise to deliver agents that provide measurable business value and empower them to thrive in the future of work." "Data is a powerful catalyst for growth when it can be transformed into actionable intelligence," said Shane Luke, vice president, Workday Illuminate. "Our agents leverage the world's most powerful HR and finance dataset to turn insights into impact – boosting productivity, enhancing compliance, and accelerating decision-making at every level." New Illuminate Agents announced today include: Contingent Sourcing Agent: Accelerates temporary hiring by identifying talent open to contingent roles, streamlining screening, and enhancing applicant quality.

CHICAGO, May 15, 2025 /PRNewswire/ -- Hireology's enhanced Insights feature unlocks the power of hiring data, giving customers the only tool available to improve recruiting and hiring efficiency while driving overall performance. By leveraging this data, businesses can make informed decisions that directly impact their bottom line, ensuring they stay ahead in a competitive market.

ATLANTA, May 14, 2025 /PRNewswire/ -- Rewardian, a leader in employee recognition technology, announces the launch of its AI Recognition Assistant, a powerful new tool that simplifies and personalizes how companies celebrate great work. The assistant helps users craft thoughtful, meaningful messages in seconds, removing friction from the recognition process and enabling managers and peers to deliver personalized praise quickly and consistently.

TELUS Health combines digital-first innovation with Workplace Options' Employee and Family Assistance Program to transform employee wellbeing solutions GTCR to invest US$200 million as part of the acquisition, bringing strategic healthcare industry expertise to accelerate TELUS Health's global growth and innovation VANCOUVER, BC and TORONTO, May 14, 2025 /CNW/ - TELUS Corporation ("TELUS") (TSX: T) (NYSE: TU) today announced a strategic partnership with GTCR, a leading private equity investor with extensive expertise across the healthcare landscape, supporting TELUS Health's recently announced acquisition of Workplace Options. Last week, TELUS Health announced the acquisition of Workplace Options for cash of approximately $500 million (US$350 million), net of assumed debt of approximately $100 million (US$70 million).

May 9, 2025 -- We’re pleased to announce Rippling has raised $450M in new financing and signed agreements to repurchase up to $200M of equity from current and former employees. The financing includes investment from Elad Gil, Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, and Y Combinator, along with participation from existing investors.

NEW YORK, May 8, 2025 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced a series of new HR products and enhancements to help entrepreneurs navigate an increasingly challenging business landscape. These solutions are designed to help businesses thrive as they navigate economic uncertainty, an evolving workforce, and AI-driven disruption. "Today's announcement underscores our commitment to delivering innovative HR solutions that empower small and medium-size businesses to focus on growing their business and their people," said TriNet Chief Technology Officer Jeff Hayward. "These newly-launched solutions will provide our SMB customers and their employees with more clarity and confidence to help make even better HR decisions for themselves and their company." TriNet's new product solutions include: Personal Health Assistant: An AI-powered tool, by Healthee, that offers employees real-time, online, 24/7 personalized answers to healthcare questions—empowering them to use their benefits with confidence year-round.

Company to Reveal the Future of Workforce Productivity and Engagement at Cultivate 2025 SANTA CLARA, Calif., May 8, 2025 /PRNewswire/ -- Eightfold AI, the pioneer in talent intelligence, will showcase at its customer conference, Cultivate Eightfold Talent Summit 2025, its latest breakthroughs: how agentic AI is enabling the paradigm shift from Talent Intelligence to Talent Advantage, enabling workforce productivity—autonomously, continuously, and at scale. Since its founding, Eightfold has led the way in talent intelligence, helping some of the world's largest organizations match, understand, recruit, and develop their people.