Recruiter.com and Job Mobz Announce Strategic Partnership to Drive Revenue Growth and Operational Efficiencies
Recruiter.com Group, Inc. (NASDAQ:RCRT, RCRTW) has announced a strategic partnership with Job Mobz, a leader in recruitment process outsourcing (RPO). This collaboration aims to enhance enterprise OnDemand solutions, leveraging Job Mobz's RPO expertise and Recruiter.com's extensive network of recruiters. Recruiter.com will transition certain clients to Job Mobz, generating a fixed revenue stream based on sales. The partnership is expected to drive operational efficiencies and reduce expenses while expanding gross margins. Josh McBride will become President of Job Mobz, bringing valuable experience from Recruiter.com. Both firms anticipate significant growth through this collaboration.
- Strategic partnership with Job Mobz to enhance operational efficiencies.
- Expected revenue growth from transition of clients leading to fixed revenue streams.
- Potential to reduce operating expenses while expanding gross margins.
- Josh McBride joins Job Mobz as President, bringing expertise and experience.
- None.
NEW YORK, NY / ACCESSWIRE / March 24, 2023 / Recruiter.com Group, Inc. (NASDAQ:RCRT)(NASDAQ:RCRTW), a leading provider of on-demand recruiting solutions, has teamed up with Job Mobz, a renowned recruitment process outsourcing ("RPO") company, to deliver enterprise OnDemand solutions and services. Selected as an RPO leader for 2022 by HRO, Job Mobz has a proven track record of delivering powerful and creative solutions that strategically meet clients' ever-changing needs.
"We are thrilled to partner with Recruiter.com to deliver best-in-class recruitment solutions to clients," said Jesse Tinsley, Founder and CEO of Job Mobz. "By combining our innovative RPO solutions with Recruiter.com's marketing capabilities and network of recruiters, we can deliver powerful and seamless recruitment services that meet clients' evolving needs."
The strategic sales and delivery partnership between Recruiter.com and Job Mobz will allow Recruiter.com to leverage Job Mobz's expertise and create more operating leverage in its business. As part of the partnership, Recruiter.com will transition certain Recruiter on Demand clients and staff to Job Mobz in exchange for an ongoing revenue stream. The revenue stream will be derived from a fixed percentage of sales on the book of business and a revenue share on referred business.
With Recruiter.com's extensive network of OnDemand recruiters and Job Mobz's innovative recruitment process outsourcing solutions, this partnership represents an exciting opportunity to deliver seamless and integrated recruitment services that drive client growth.
"This strategic collaboration will allow us to leverage Job Mobz's expertise and proven track record in RPO," said Evan Sohn, CEO of Recruiter.com. "We look forward to a successful partnership that should drive operational efficiency and growth for both companies. This partnership allows Recruiter.com to focus on its platform-based offerings and reduce operating expenses while expanding gross margins."
As part of the partnership Josh McBride, Chief Revenue Officer of Recruiter.com will be joining Job Mobz as its President. "We are thrilled to have Josh and members of his enterprise OnDemand team join Job Mobz," said Jesse. "Recruiter.com has been delivering incredible results for many top-name companies, and we are excited to continue to deliver success with Job Mobz as their enterprise OnDemand partner."
With a commitment to delivering robust and creative solutions that strategically meet clients' ever-changing needs, Job Mobz has become a trusted strategic partner in the recruitment industry. The partnership between Recruiter.com and Job Mobz represents a compelling opportunity to drive revenue growth and operational efficiencies for both companies.
About Job Mobz
Founded in 2012, Job Mobz has quickly become one of the premier RPO firms worldwide. We specialize in Recruitment Process Outsourcing (RPO) services, offering sourcing, screening, identifying, and hiring world-class candidates in any given geography, function, and time frame. Job Mobz provides a wealth of employment services options, catering to early-stage startups and Fortune 500 clients alike with high-quality recruiting services. HRO Today recognized Job Mobz as a Bakers Dozen Top RPO in 2022.
To stay up-to-date with the latest news, kindly follow our social media channels.
- LinkedIn company page: https://www.linkedin.com/company/job-mobz
- Twitter company page: https://twitter.com/JobMobz
About Recruiter.com Group, Inc.
Recruiter.com is an on-demand recruiting platform providing flexible talent acquisition solutions that scale from startups to the Fortune 100. With an on-tap network of thousands of recruiting professionals and recruitment marketing automation, Recruiter.com helps businesses solve today's complex hiring challenges.
For investor information, visit https://investors.recruiter.com
Please follow social media channels for additional updates:
● LinkedIn Recruiter Network Group: https://www.linkedin.com/groups/42370/
● LinkedIn Company Page: https://www.linkedin.com/company/1240434
● Twitter Company Page: https://twitter.com/recruiterdotcom
● Facebook Company Page: https://www.facebook.com/RecruiterDotCom
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "predict" "forecast" "believe," "may," "estimate," "continue," "anticipates," "intend," "should," "plan," "could," "target," "potential," "is likely," "to drive," "will," "expect" and similar expressions, as they relate to Recruiter.com, our partner, or the partnership, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the business results of our partners, the accuracy of the Recruiter Index® survey, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2021. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statements publicly, whether as a result of new information, future developments, or otherwise, except as may be required by law.
SOURCE: Recruiter.com Group, Inc.
View source version on accesswire.com:
https://www.accesswire.com/745621/Recruitercom-and-Job-Mobz-Announce-Strategic-Partnership-to-Drive-Revenue-Growth-and-Operational-Efficiencies
FAQ
What is the significance of Recruiter.com partnering with Job Mobz?
How will this partnership affect Recruiter.com’s business operations?
Who will lead Job Mobz after the partnership with Recruiter.com?
What potential benefits does this partnership bring to Recruiter.com shareholders?
What are the Nasdaq stock symbols for Recruiter.com?
