2 weeks Ago
Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Deputy, a Sydney-based start-up worth more than $1 billion, has ramped up its spending on senior executives and software engineers causing its profit to plummet 68 per cent from $8.5 million to $2.
7 million last financial year. Backed by local venture capital funds Square Peg and EVP, Deputy makes software used by shift workers to manage their rosters for companies including IGA, Subway, F45 and Gloria Jeans. Last year it launched human resources tools to help organisations hire and onboard workers quickly.
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