Aspen Technology Labs, Inc.

📢 The 2024 Annual UK Jobs Report is out! Aspen Tech Labs is excited to share key insights from the UK job market in 2024. From macroeconomic trends to industry-specific hiring patterns, this report highlights the factors shaping the future of work. 🔍 Interested in exploring the data or learning how it can support your business decisions? Reach out—we’d love to connect! #UKJobsReport #JobMarketTrends #Jobs #UnitedKingdom

Don’t miss the full release of our 2024 Annual U.S. Jobs Report next week. #LaborMarket #USJobsReport #jobs

Databricks continues to make waves in the tech world: in December, the company secured $10 billion in financing, valuing it at $62 billion — a significant jump from its $43 billion valuation in 2023. This funding will fuel growth in key areas: making strategic acquisitions, expanding operations globally, and providing liquidity to employees. What’s more, job opportunities at Databricks are surging—a strong indicator of its continued growth. Since April, job openings have risen by 19.6%. #Innovation #TechGrowth #DataAnalytics

In December 2024, Broadcom’s valuation surged past $1 trillion as its shares jumped 21% following CEO Hock Tan's announcement that AI could represent a $60 billion to $90 billion revenue opportunity by 2027. The semiconductor company also forecasted first-quarter revenue above estimates. Its shares have risen 105% over the past 12 months. The number of job openings at Broadcom has also been steadily increasing, from 176 a year ago to 353 now—a 100% rise. With the company experiencing an “Nvidia moment,” job counts may continue to grow alongside rising demand for its products as Big Tech seeks alternatives to Nvidia’s AI processors. #AI #Semiconductors #jobs

As 2024 comes to a close, we’re thrilled to share a major highlight from our #JobsIndex database: the incredible expansion of our employer network in the United States! 🇺🇸 We added 48,742 new employers to our database in 2024. 📅 From 95,609 on January 1st to 144,351 as of December 26th. This milestone wouldn’t have been possible without our amazing technical team. Your dedication to building and maintaining a high-quality database of jobs is the driving force behind these results. Thank you for all that you do! 🙌 A quick reminder: JobsIndex is more than just a database. It’s a high-quality jobs backfill, updated daily, collecting and analyzing over 9 million jobs worldwide daily. If you’re looking for accurate, comprehensive job market data, we’ve got you covered. Want to explore what JobsIndex can do for you? Reach out to us for a sample feed. Let’s work together to power the future of recruitment! #Jobs #JobsIndex #LaborMarketIntelligence #RecruitmentTech

As the holiday season approaches, we want to thank you for an exciting year and your continued trust in Aspen Tech Labs. This year, we grew our global presence, expanded our US team, and strengthened connections to better support you. Looking ahead to 2025, we’re excited to introduce new products and improvements, all designed with your success in mind. Our motto, “Ask Aspen,” reflects our commitment to being your go-to jobs data partner—reach out anytime you need us! We wish you a joyful holiday season and a prosperous new year! 🎄✨

Exciting news! This Monday, Workday, an American provider of cloud applications for finance and human resources, officially joined the S&P 500, replacing Amentum Holdings. Another newcomer to this prestigious index is Apollo Global Management, Inc., replacing Qorvo. Over the last six months, Workday’s shares have surged nearly 25%, reflecting the company’s impressive momentum. In August, Workday announced plans to significantly boost profitability over the next three years, leveraging artificial intelligence to streamline costs. In September, they unveiled Workday Illuminate, the next generation of AI offerings, introducing new AI agents to automate workflows and enhance business processes. At Aspen Technology Labs, a leader in real-time labor market data, we are thrilled to congratulate Workday on this incredible milestone! It's inspiring to see a company in the jobs space achieving such growth and innovation. Notably, nearly 5,000 companies whose jobs we track use Workday as their applicant tracking system. #AI #Innovation #Workday

American corporation Microchip Technology Inc., a producer of mixed-signal microcontrollers, has faced a challenging few quarters due to sluggish demand from automotive customers amid economic uncertainty. On December 2, the company lowered its third-quarter revenue forecast and announced the closure of its wafer manufacturing facility in Arizona. Shares have declined 35% over the past 12 months. Job openings have also been significantly affected: after gradually reducing vacancies throughout the year, the company cut 70.7% of open positions on October 24. While the number has since grown slightly, it remains 68.8% lower than at the same time last year. #labormarket #jobs

Last week, California-based software company ServiceTitan had a market debut in which its shares rose about 42% compared to the IPO price of $71, giving the firm a valuation of nearly $9 billion. ServiceTitan sold 8.8 million shares in the IPO, raising about $625 million. The company is a player in software development serving the heating, ventilation, and air-conditioning sectors. The number of job openings at ServiceTitan has been rising in recent months and is up 70% year-over-year. The company currently has two vice president positions open, as well as multiple engineering, customer management, and sales roles. Contact us to explore how job vacancy trends offer valuable insights into company performance and growth strategies. #LaborMarketTrends #Jobs #jobmarket #ServiceTitan

Nike is scheduled to release second fiscal quarter earnings results on Thursday, December 19, after market close. In recent years, the iconic footwear brand has seen trendy competitors like On and Hoka slowly eat away at its market share. The company also pulled back from relationships with key partners, including Dillard’s, Urban Outfitters, and Zappos, under the previous CEO John Donahoe. He was replaced this October by Nike veteran Elliot Hill, who now faces the challenge of leading a major turnaround at one of the world's largest consumer companies. Nike’s shares are down 36% over the last 12 months. On the jobs front, the number of job openings at Nike is up 14% compared to the same period last year, although this year’s seasonal peak of 1,426 job openings on November 3 is lower than last year’s peak of 1,517 on October 24, 2023. #Jobs #FootwearIndustry #LaborMarket #Nike