The founder of Employment Hero says the company’s early moves to develop artificial intelligence agents have spared it from redundancies, allowing the human resources technology unicorn to buck the trend hitting peers across the local sector.
In an interview coinciding with the filing of its annual accounts with the corporate regulator, Ben Thompson, the co-founder and chief executive of the $2 billion-valued venture capital-backed company, said annual recurring revenue had increased by $100 million to hit $400 million over the past year, while its losses narrowed.
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