Texas firm stole $8.8M

Here's what happened last week ↓

1️⃣ Staffing firm owner stole $8.8M

The backstory: Meet Joseth "Joe" Limon, who ran Platinum Employment Group like his personal piggy bank. For 6 years, he pocketed $8.8M in employment taxes.

It gets worse: After closing Platinum, he opened a new firm under his 18-year-old daughter’s name. When the feds came knocking, he coached her to lie about “identity theft” to the IRS.

Teaching your kid to commit federal crimes isn't great parenting OR business strategy.

📶 Signal → Strategy: Consider outsourcing with a firm like Employdrive or Greenshades, which specializes in staffing, compliance, and keeping you from sharing a cell with Joe from Houston who thought he was smarter than the IRS.

Go deeper: Department of Justice press release

2️⃣ Bullhorn just put the market on notice

Breaking: Bullhorn announced Amplify, and the numbers are making every recruiter sweat.

The results:

• 22% increase in fill rates

• 51% increase in submissions

• 40% decrease in submittal-to-hire ratio

• 85% of candidates enjoyed talking to AI

Your biggest fear just became reality. Candidates prefer robots to your small talk.

📶 Signal → Strategy: Your competitors are about to start winning deals you used to close. Time to evaluate AI solutions before you're playing catch-up.

Go deeper: Bullhorn Amplify Announcement

3️⃣ The AI funding frenzy that proves the trend

Three workforce companies raised massive rounds, all betting AI will replace human grunt work.

By the numbers:

• Pallet: $27M Series B for logistics AI workforce

• Flo Recruit: $5M Series A for legal recruiting automation

• Toro: Undisclosed round for staffing intelligence AI

• Combined: $32M+ saying “humans are expensive”

📶 Signal → Strategy: Position yourself as AI-enhanced, not AI-replaceable, before investors fund your replacement.

Go deeper: Staffing Industry Analysts funding roundup