Seek is selling its stake in Employment Hero, one of its best-performing investments. Turns out the lawsuit was just couples therapy.
Employment Hero
Employment Hero and Seek have quietly settled their legal stoush, avoiding a high-stakes court fight and removing a major distraction for both companies.
A federal court judge this week ruled that the dispute between the HR startup and ASX jobs giant will proceed to trial - as a top ASX analyst weighed in on the fight.
Newly released court documents for the first time detail Employment Hero's version of the events leading up to its lawsuit against ASX-listed giant Seek, one of its own investors.
A day after agreeing to keep its platform open to Employment Hero, Seek says it warned the startup about misusing its access.
Employment Hero acquisition Humi is descending into cultural chaos as perks vanish, CEO Ben Thompson's Elon Musk fandom alienates staff, and key talent exits.
As the extraordinary dispute between Deel and Rippling grips the startup world, Capital Brief has revealed tactics used by Australia's Employment Hero in its own fight against one of the companies.
Former staff members allege the HR unicorn used unorthodox methods to gain information on a new rival as it prepared to launch in Australia.
The HR company has confirmed "an instance of platform misuse" but says no data was compromised, following social media allegations of a financial scam.
Employment Hero is charging ahead with AI, but ASX giants remain vague and unambitious. Is AI a game changer for Australian companies, or is it all just hot air?
In an all hands meeting which was leaked to Capital Brief, the company laid out radical plans to monitor staff and set up leaderboards for AI usage.
Some of Australia's most successful startups, known for disrupting traditional industries, are now facing disruption themselves from more efficient AI-native outfits.
The HR software platform is rapidly implementing a sweeping "AI-first" strategy, with all 1,500 staff members instructed to use the technology in a major efficiency drive.
Employment Hero's coupling with Seek has become increasingly awkward. KKR's purchase of a chunk of Seek's equity in the HR unicorn is a win for both Australian companies.
Just weeks after taking control, Employment Hero has wound back perks and changed practices, unsettling staff at the Toronto tech darling.
The HR tech unicorn will attempt to crack the lucrative North American market through acquisition rather than organic growth.
Employment Hero CEO Ben Thompson has pushed his company to emulate Elon Musk's workplace philosophies — except on one policy which the Tesla CEO describes as "morally wrong".
Employment Hero’s mission is to simplify HR for businesses — but former staff say its own workplace is marked by confusion, pressure and sudden departures.
Employment Hero has dismissed four employees for inappropriate behaviour at its ‘Global Gatherings’, where over 1,000 remote staff meet to align strategy and bond.
Our coverage of the $2 billion HR software company started with an off-colour joke. A deluge of current and former staff then came forth with far more significant concerns.
The $2 billion HR software unicorn is scaling back in Southeast Asia, cutting jobs and suspending several initiatives. Insiders say it adds to pattern of abrupt U-turns on strategy.
The venture capital firm is an Employment Hero shareholder and has raised concerns following a wave of allegations from former staff about "shoddy HR practices".
Several former employees of the $2 billion HR software provider have come forward with criticism over the company's internal practices.
The Tech Council is hoping that its summit this week will mark a turning point for diversity in the sector. It's clear that a wake-up call is needed.
While Robyn Denholm talked up the importance of diversity and inclusion at the National Tech Summit, her views clash wildly with those of Elon Musk, her chief executive at Tesla.
Internal documents reveal the highly valued HR startup was so determined to maintain its "apolitical" culture it cancelled an International Women's Day initiative on fears it risked "unnecessary division".