Recruiter.com Group, Inc. - RCRT STOCK NEWS

Recruiter.com (NASDAQ:RCRT, RCRTW) announces CEO Evan Sohn will present at Benzinga's Small Cap Conference on October 27 at 12:35 PM EST. The conference, running from October 27-28, connects innovative companies with investors, offering insights and live presentations. Sohn expressed pride in representing Recruiter.com, emphasizing the company’s mission to enhance talent acquisition during a challenging job market. The company focuses on delivering versatile recruiting solutions for businesses of all sizes.

Recruiter.com has launched an Enterprise Plan aimed at helping employers hire ten or more full-time recruiters. This initiative responds to the soaring demand for recruiting professionals, with recruiter job postings rising significantly since June 2020. CEO Evan Sohn highlighted the need for companies to ramp up their hiring efforts amidst record turnover rates. The plan includes a new career community that lists approximately 1,700 recruiter roles, enhancing Recruiter.com’s service offerings during a challenging hiring landscape.

Recruiter.com Group, Inc. (NASDAQ:RCRT, RCRTW) projects strong revenue growth, expecting over 25% sequential quarterly growth for Q3 and Q4 2021. Following a successful Nasdaq listing and a $13.8 million capital raise, the company reported an 81% revenue increase in the first half of the year. With recent acquisitions and new subscription-based products, Recruiter.com anticipates sustained growth and does not plan to raise additional capital in 2021. Management emphasizes the positive trajectory of the recruiting solutions market, aiming for profitability in a $120 billion industry.

Recruiter.com Group, Inc. (NASDAQ:RCRT, RCRTW) released its Recruiter Index® for September 2021, highlighting a shift in candidate sentiment with increased prioritization on compensation (31%), remote work (28%), and work-life balance (22%). The index indicates a significant rise in hybrid roles, now at 42%. Despite a disappointing September jobs report with only 194,000 new jobs added, Recruiter.com noted a 10% rise in demand for recruiting professionals. Backfill roles dominate, with 50% of recruiters indicating that their focus is on these positions.

Recruiter.com Group (NASDAQ:RCRT, RCRTW) is excited to announce that CEO Evan Sohn will present at the LD Micro Main Event on October 13th, 2021, at 6 PM PST. The event, held in person from October 12-14, will feature around 150 companies. Sohn plans to discuss the evolving landscape of hiring as economies recover. Recruiter.com aims to address complex hiring challenges with its flexible recruiting solutions. For more details, visit Recruiter.com.

Recruiter.com Group (NASDAQ:RCRT, RCRTW) announced its CEO, Evan Sohn, will present the results of the September Recruiter Index on CNBC on October 7, 2021. This index, derived from a network of recruiters, offers insights into the job market and hiring trends, particularly amid ongoing discussions about the Great Resignation and talent shortages. Sohn aims to provide valuable context for business decisions in today's evolving employment landscape, emphasizing the importance of recruitment sentiment.

Recruiter.com Group announced the launch of a new job platform aimed at recruiters and talent acquisition professionals. This initiative supports the growing demand for recruiting solutions, with 364,970 recruiter jobs advertised on LinkedIn worldwide, surpassing pre-pandemic levels. The US recruiting market is valued at $136 billion, with job postings significantly exceeding the number of recruiters available. Recruiter.com aims to leverage its technology to capitalize on this demand, offering subscription-based products and AI-powered solutions to expand its market presence.

Recruiter.com Group has appointed Angela Copeland as Vice President of Marketing, aimed at enhancing its market presence and accelerating growth in AI-driven recruiting solutions. Copeland, with over a decade of experience in online marketing and career services, joins from NEA Member Benefits. This leadership change is seen as crucial for aligning the company’s offerings with market needs and expanding its clientele, especially among major enterprises. Recruiter.com recently listed on Nasdaq and raised capital, positioning itself for further brand development and marketing initiatives.

Recruiter.com Group announced enhancements to its AI software, now indexing over 150 million profiles, providing employers with advanced candidate engagement capabilities. This advancement coincides with a growing demand for tech-led recruitment solutions amid a talent shortage. Following the acquisition of Upsider in Q2, Recruiter.com has improved its product's efficiency and performance. The global AI recruitment market is projected to grow significantly, with Recruiter.com positioned as a leader in this expanding sector.