Hudson Global

Hudson Global Inc. (HSON) is a global talent solutions company headquartered in New York, NY . Permanent Recruitment, Temporary Contracting, Recruitment Process Outsourcing (“RPO”) and Talent Management Solutions. [6]

Hudson’s Q1 2017 financial results were as follows:
• Revenue of $ 103.4 million increased 2.2 percent from the first quarter of 2016 and increased 5.4 percent in constant currency.
• Gross margin of $ 42.4 million increased 2.8 percent from the first quarter of 2016 and increased 6.0 percent in constant currency.
• Net loss of $ 1.3 million, or $ 0.04 per basic and diluted share, compared with net loss of $ 3.5 million,

History

Hudson Global, Inc. was originally spun off as Hudson Highland Group (NASDAQ: HHGP) on March 31, 2003, [4] from the training eResourcing and Executive Search business units of TMP Worldwide Inc. – a human capital provider.

On April 26, 2012, Hudson announced a corporate name change to Hudson Global, Inc. and its shares began trading in NASDAQ under its new symbol “HSON” from April 30, 2012. [3]

Hudson was founded in 2003 and was previously part of the TMP Worldwide Group. In 1999, TMP Worldwide Group engaged in an unprecedented period of acquisition, buying 67 specialist recruitment companies worldwide to become one of the largest staffing companies in the world. The Recruitment Division of TMP Worldwide Group Hudson Global Resources Ltd. and Hudson Global Resources Ltd. re-branded Hudson to provide a single brand identity with which to approach the market. However, the legacy of the business can not be traced back to 1967 .

Organization and operations

Hudson operates in 12 countries with three geographic business segments: [6]

  • Hudson Americas (based in New York City )
  • Hudson Asia Pacific (based in Sydney )
  • Hudson Europe (based in London )

Services

In recent years, Hudson has made efforts to establish a reputation as more than just a recruiter and cement itself as a company that offers end to end talent solutions.

As such, they also have a focus on professional staffing and interim management to recruitment process outsourcing and talent management services.

In various blog articles and press releases, the company has demanded this move is in response to the changing nature of the global workplace and workforce – something they have since dubbed the new world of work .

Hudson operates in a wide range of industries, including Banking and Financial Services, Sales and Marketing, IT, Pharmaceuticals and more.

Hudson Delivers enterprise as well as smaller scale assignments to businesses operating in Many Industries. Its services focus on providing professional staffing , interim management and recruitment process outsourcing , related project management , management consulting and talent management services . [2]

Operating Industries

  • Financial Services: Banking , Accounting , Capital Markets , Insurance
  • Products: Human Resources , Sales and Marketing , Manufacturing and Industrial , Supply Chain and Procurement , Retail , Consumer Goods and Services , Infrastructure and Transportation Services , Health and Life Sciences
  • Defense, Media and High Tech: Defense and Aerospace , IT & T , Media / PR / Advertising
  • Resources: Chemicals , Energy , Natural Resources , Utilities
  • Public Sector: Public Sector

Services

  • Assessment & Selection
  • Blended Workforce Solutions
  • Contract and Temporary Recruitment
  • Digital Solutions
  • Employer Branding & Sourcing Innovation [8]
  • InGenium Technology
  • Leadership Development
  • Organizational Design & Management
  • Outplacement & Career Transition
  • Permanent Recruitment
  • Predictive Talent Analytics
  • Recruitment Process Outsourcing (ISO 9000 certified)
  • Risk Management & Compliance
  • Retained Search
  • Specialty Talent Pools
  • Talent Management [9] [10] [11] [12]

Marketing and branding

Hudson formerly used the tagline “From great people to great performance.”; [13] [14] [15] however, in 2016 the tagline was updated to “Great People. [16]

Leadership

Chairman of the Board:

  • Jon Chait (March 2003 till February 2011) [17] [18]
  • Manuel Marquez (March 2011 till May 2015) [19]
  • David G. Offensend (May 2015 till present) [20]

Chief executive officer:

  • Jon Chait (March 2003 till February 2011) [17] [18]
  • Manuel Marquez (March 2011 till May 2015) [19]
  • Stephen Nolan (May 2015 till present) [20]

See also

  • Companies portal
  • Hudson Global Inc. was spun off from TMP Worldwide Inc.

References

  1. ^ Jump up to:a b Hudson.com global website
  2. ^ Jump up to:a b “Hudson Global Inc. Company Overview” . Reuters . Retrieved 3 May 2012 .
  3. ^ Jump up to:a b “Hudson Announces Corporate Name, Ticker Symbol Change” . Bloomberg. 27 April 2012 . Retrieved 3 May 2012 .
  4. ^ Jump up to:a b “SEC filing – Hudson spun off from the eResourcing and Executive Search business units of TMP Worldwide Inc.” . Reuters . Retrieved 3 May 2012 .
  5. ^ Jump up to:a b c d e f Hudson Global Management Team
  6. ^ Jump up to:a b “Hudson 10-Q filed 28 July 2016” . Ir.hudson.com . Retrieved 15 Nov 2016 .
  7. Jump up^ “Hudson Global Reports 2017 First Quarter Results” . Hudson Investor Relations website . Retrieved 31 May 2017 .
  8. Jump up^ “Employer Branding & Sourcing Innovation” . Hudson . Retrieved 15 November 2016 .
  9. Jump up^ “Hudson Australia website” . Hudson . Retrieved 15 Nov 2016.
  10. Jump up^ “Hudson US website” . Hudson . Retrieved 15 Nov 2016 .
  11. Jump up^ “Hudson UK website” . Hudson . Retrieved 15 Nov 2016 .
  12. Jump up^ “Hudson RPO” . Hudson . Retrieved 18 October 2011 .
  13. Jump up^ “Case study: Hudson Global Inc.” . Ogilvypr.com . Retrieved 18 October 2011 .
  14. Jump up^ “Trade Marks Application from Hudson Global Inc. -” From great people to great performance. ” ” (PDF) . www.ipd.gov.hk . Retrieved 18 October 2011 .
  15. Jump up^ “Advertising Slogans” . Wikiquote.org . Retrieved 18 October2011 .
  16. Jump up^ “Hudson Global office rentals” . Hudson . Retrieved 15 Nov2016 .
  17. ^ Jump up to:a b “Jon F. Chait profile” . Forbes . Retrieved Oct 18, 2011 .
  18. ^ Jump up to:a b “Hudson Global Inc Terminates Chairman and Chief Executive Officer Jon Chait” . Reuters . Retrieved Oct 18, 2011 .
  19. ^ Jump up to:a b “Manuel” Manolo “Marquez, Chairman and CEO of Hudson Global Inc US visa (MSNBC News – May 3, 2011)” . Msnbc.msn.com . Retrieved Oct 18, 2011 .
  20. ^ Jump up to:a b “Hudson Global Names Stephen Nolan Chief Executive Officer (Nasdaq GlobalNewswire – April 16, 2015)” . Globalnewswire.com . Retrieved Jan 5, 2016 .

Start a Conversation

Your email address will not be published. Required fields are marked *