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On February 20, 2020, Ultimate Software and Kronos Incorporated announced they agreed to form a new cloud computing venture specializing in workforce management and human capital management. The combined company, valued at $22 billion, would be one of the largest cloud computing companies. Kronos CEO Aron Ain became CEO and chairman of the new company, with more than 12,000 employees and dual ...
Kronos Incorporated was an American multinational workforce management and human capital management cloud provider headquartered in Lowell, Massachusetts, United States, which employed more than 6,000 people worldwide.
In February 2020, Ultimate Software announced its plan to merge with Kronos Incorporated to form a cloud-computing venture specializing in human resource software. The merger was completed on April 1, 2020. The company is named Ultimate Kronos Group. [7] [8]
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PeopleDoc was a cloud-based human resources service delivery and document management platform that was founded in France. In 2018, it was acquired by Ultimate Software for approximately $300 million. [1] UKG, the successor company of Ultimate Software delivers former PeopleDoc technology as part of their suite of solutions.
At Kellanova, the parent company of Kellogg’s and Pringles, U.K. employees can skip work once the clock hits 12 p.m. on a Friday from now until September.
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AI isn’t coming for your job—at least not yet. When CEOs talk to investors about layoffs, they usually blame economic uncertainty or business “ headwinds. ” Now a new term is starting to ...