Professional staffing and HR solutions company, Robert Half International (RHI), has been in the news for its financial performance in the first and fourth quarter. Missed earnings and sales targets reflect its struggle with low demand and economic uncertainty, causing a plunge in the company’s stocks. Korn Ferry, a competitive biotech firm, is reportedly gaining an edge over RHI.
Despite these challenges, RHI has secured a new $100 million credit agreement and made some executive appointments in a likely bid to steer the company forward. Included in these appointments is the naming of Nick Cerise as Chief Marketing Officer. The company also announced its quarterly dividend amidst its financial struggles. Furthermore, RHI has gained positive recognition, ranking no. 1 on Forbes' list of America's best professional recruiting firms and being named one of Fortune's 100 best companies to work for.
Other developments include the settlement of a background check suit for more than $2.2M and RHI's presentation at Baird's Global Consumer, Technology & Services Conference.
Robert Half RHI News Analytics from Mon, 18 May 2020 07:39:17 GMT to Thu, 05 Jun 2025 12:50:47 GMT - Rating -7 - Innovation -4 - Information 2 - Rumor -5
