$16.73
$0.00 (0.00%)
End-of-day quote: 05/11/2024
NasdaqGS:HSON

Hudson Global Profile

Hudson Global, Inc. (Hudson) operates as a total talent solutions provider operating under the brand name Hudson RPO.

The company delivers customized recruitment outsourcing and total talent solutions to organizations worldwide. Through the company's consultative approach, the company develops tailored talent solutions designed to meet the company's clients' strategic growth initiatives.

The company delivers Recruitment Process Outsourcing ('RPO'), consisting of recruitment and contracting solutions tailored to the individual needs of primarily mid-to-large-cap multinational companies. The company's RPO delivery teams utilize state-of-the-art recruitment process methodologies and project management expertise in their flexible, turnkey solutions to meet clients' ongoing business needs. The company's RPO services include complete recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting.

On August 19, 2022, Hudson completed the acquisition of Hunt & Badge Consulting Private Limited ('HnB'), an India-headquartered provider of recruitment services to customers operating in India. HnB partners with companies of all sizes, including well-known multinationals, across a variety of industries to help meet their talent procurement needs.

On October 29, 2021, Hudson completed its acquisition of Karani, LLC ('Karani'), a Chicago-headquartered recruiting services provider that primarily serves the U.S.-based customers from its operations in India and the Philippines. Karani partners with recruitment and staffing firms to assist with recruiting, sourcing, screening, onboarding, and other talent-related services across a variety of industries. This acquisition has enhanced Hudson RPO's global delivery capability by adding a substantial presence in India and the Philippines, fostering business in new markets, and further developing Hudson RPO's technology recruitment capabilities.

On October 1, 2020, Hudson completed its acquisition of Coit Staffing, Inc. ('Coit Staffing'), which expanded its presence in the technology sector and established a Technology Group located in San Francisco. The Technology Group leverages its network and partnerships within the technology sector to seek out new customers and opportunities in other markets around the world. In addition, the Technology Group operates jointly with Hudson RPO's existing teams in the Americas, the Asia Pacific, and Europe, to provide continuous access to knowledge regarding new and emerging technologies in the RPO, Managed Solutions Provider ('MSP'), and Total Talent Solutions space, enabling the company to better serve its clients around the world.

Business Segments

The company operates directly in fourteen countries with three reportable geographic business segments: Americas, Asia Pacific, and Europe.

Service Offerings

The company's core service offering is RPO, consisting of RPO Recruitment and Contracting.

RPO Recruitment: The company provides complete recruitment outsourcing, project-based outsourcing, and recruitment consulting for clients' permanent staff hires. Hudson's RPO Recruitment services leverage the company's consultants, supported by its specialists, in the delivery of its proprietary methods to identify, select, and engage the best-fit talent for critical client roles.

Contracting: The company provides RPO clients with a range of outsourced professional contract staffing services and managed service provider services offered sometimes on a standalone basis and sometimes as part of a blended total talent solution. These services draw upon a combination of specialized recruiting and project management competencies to deliver a wide range of solutions. Hudson-employed professionals - either individually or as a team - are placed with client organizations for a defined period of time based on specific business needs of the client.

Clients

The company's clientele includes mid-to-large-cap multinational companies and government agencies.

Growth Strategy

The company focuses on organically growing its RPO business, pursuing acquisition opportunities. The company targets driving organic growth in RPO by investing in people and technology, as well as sales and marketing, to leverage the company's existing strong reputation in the market. The company is investigating acquisition opportunities to expand capabilities and capacity. The company continues to explore all strategic alternatives to maximize value for stockholders, including without limitation, improving the market position and profitability of the company's services in the marketplace, and enhancing the company's valuation.

History

The company was founded in 1999. It was incorporated in 2003. The company was formerly known as Hudson Highland Group, Inc. and changed its name to Hudson Global, Inc. in 2012.

Country
Industry:
Employment agencies
Founded:
1999
IPO Date:
03/17/2003
ISIN Number:
I_US4437872058

Contact Details

Address:
53 Forest Avenue, Suite 102, Old Greenwich, Connecticut, 06870, United States
Phone Number
(475) 988-2068

Key Executives

CEO:
Eberwein, Jeffrey
CFO
Diamond, Matthew
COO:
Data Unavailable