January 18, 2001 |
RemedyTemp Inc., a national temporary-staffing firm, said Wednesday it expects to take a charge of about $2 million for the last quarter because of unpaid invoices by the struggling online company EToys Inc. The one-time charge would represent nearly a third of RemedyTemp's expected pre-tax profit for its fiscal first quarter ended Dec. 31. And it reflects how the fallout of the dot-com industry has trickled down to suppliers and service providers like RemedyTemp, which is based in Aliso Viejo.
April 11, 2000 |
LeadersOnline Inc., an online executive and professional search and placement business based in Irvine, filed with the Securities and Exchange Commission for a $75-million initial stock sale. LeadersOnline is owned by Heidrick & Struggles International Inc. of Chicago, one of the largest executive search firms, which itself went public last April at $14 a share. Heidrick will continue to control the company after the IPO, the filing said. Heidrick's shares rose 13 cents to close at $36.
April 11, 2000 |
In an effort to carve out a bigger chunk of the growing Internet recruiting business, an Irvine online executive and professional search firm will seek to raise $75 million through an initial public stock offering. LeadersOnline Inc., a subsidiary of leading executive search firm Heidrick & Struggles International Inc. in Chicago, said it plans to use proceeds from the stock sale to step up its marketing efforts and improve its Internet technology, among other things.
CALIFORNIA | LOCAL
January 2, 2000 |
After retiring from his post as police chief in Long Beach, Bill Ellis entered the world of temp workers. No, he's not in the typing pool. Ellis became temporary police chief of West Covina for several months in 1998 and then worked a similar stint last spring in Manhattan Beach. More temporary positions may be ahead for him, all arranged through an unusual agency that helps California cities and counties fill high-end, but short-term, vacancies with retired government executives.
December 8, 1999 |
An Oxnard-based employment service has agreed to pay more than $11,000 in civil penalties and back pay to settle allegations that it discriminated against immigrant workers. The settlement resolves a complaint filed by California Rural Legal Assistance on behalf of Rosaura Garcia, an immigrant who is a permanent U.S. resident. Garcia alleges that Select Temporaries Inc. refused to accept her "green card" as valid and improperly denied her employment.
November 24, 1999 |
Q: I am considering operating an employment agency to service the clerical and industrial fields. How do I figure out my initial start-up costs? --Joseph Harrison, West Covina * A: There are many factors to consider when setting up a temp or placement service. Some people mistakenly think it doesn't cost much--and they may be right if they plan to start off small-scale, doing things very low-budget. However, as it grows, this kind of business requires additional working capital.
CALIFORNIA | LOCAL
November 12, 1999 |
David Moon has long used computers to make art. Now the Cal State Northridge art teacher is using digital technology to help his students display their work and get jobs. Three weeks ago, Moon launched a new Web site--http://www.freshportfolio.com--that is part electronic gallery, part employment agency.
August 19, 1999 |
Adecco, the world's largest temporary-employment company, said it will buy Olsten Corp.'s staffing units for $1.46 billion, to take over the No. 1 spot in the U.S., the world's top market for temporary jobs. Olsten shareholders would exchange their stock for $8.75 in Adecco shares and cash, as well as shares in Olsten's health-care business, which it will spin off. Adecco also would assume $750 million in debt.
July 29, 1999 |
Whites are three times more likely than equally qualified blacks to get preferential treatment when applying for jobs through employment agencies, often landing higher-paying jobs or receiving offers more quickly, according to a new study of workplace discrimination. The study, which probed the San Francisco-area offices of 17 national and local employment agencies, found that African American candidates were favored over whites in slightly less than one out of every five situations.
July 4, 1999 |
To mark Independence Day, some 7,500 Americans will auction themselves to the highest bidders today in hopes of landing better jobs. That's roughly how many people--most in their 30s, with above-average skills, education and pay levels--have agreed to present their professional and personal profiles on Monster.com's new Internet site and invite potential employers to bid for their services.