Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

TMP Worldwide Announces Name of New Company

TMP Worldwide Announces Name of New Company to Be Formed Through Spin-Off of eResourcing and Executive Search

AUCKLAND - Feb. 27, 2003 – TMP Worldwide Inc., the world's leading supplier of human capital solutions, today announced the name of the new, publicly traded company that will be formed through the spin-off of its eResourcing and Executive Search units. The new recruitment and search parent company will be known as Hudson Highland Group, Inc.


Under the new parent company, the former eResourcing business will assume two transitional names: TMP Hudson Global Resources, for the recruitment side of its business, and TMP Hudson Human Resource Consulting, for the consulting side.


Plans call for all uses of "TMP" within the new company to be phased out over a two-year period. TMP Worldwide will remain a stand-alone corporate entity comprised of Monster, Monstermoving, Advertising & Communications and Directional Marketing.


Anne Hatton, President, TMP Worldwide eResourcing Australasia said the name change will allow the company to capitalise on the strong brand equity they already enjoy, whilst introducing a new element to the name.


"We now have the opportunity to demonstrate the substance that lies at the heart of our brand – who we are, what we do and how we do it. It is ultimately these values that will consolidate our position as the leader in the market," Ms Hatton said.


"Considerable time has been spent on developing a vision for our organisation which will facilitate the provision of commercially relevant and tailor-made solutions to our clients across the Australasian market," she said.


TMP Worldwide, General Manager - New Zealand, Mr Denis Horner, said the natural teaming of the business units into two separate companies will better align its resources around its clients and enable these enterprises to more effectively leverage their respective assets and maximise value for their customers.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

ScoopPro: Helping The Education Sector Get More Out Of Scoop

The ScoopPro professional license includes a suite of useful information tools for professional users of Scoop including some specifically for those in the education sector to make your Scoop experience better. More>>

Big Tax Bill Due: Destiny Church Charities Deregistered

The independent Charities Registration Board has decided to remove Destiny International Trust and Te Hahi o Nga Matamua Holdings Limited from the Charities Register on 20 December 2017 because of the charities’ persistent failure to meet their annual return obligations. More>>

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>

ALSO:

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO: