EssenceMediacom

Strategic Hiring · EMEA

PMG is running a global AI hackathon at Cannes Lions with up to $500,000 in prizes to identify and recruit AI-savvy talent (developers, marketers, creatives). The competition signals aggressive talent acquisition in AI engineering and LLM-based product development for advertising services.

Strategic Hiring · EMEA

Fractal achieved strong Q4 FY26 results (109% YoY profit growth to ₹115.8 Cr, 17% revenue growth to ₹886.3 Cr). Expanded $20M+ clients from 5 to 6, and $1M+ clients from 53 to 59. Significant growth in healthcare/life sciences (66% YoY) and Europe revenues (34% YoY). Recent IPO in February 2026.

Strategic Hiring · EMEA

British Council appointed as UK's National Agency for Erasmus+ as the country rejoins the program

Restructuring · EMEA

Savannah Group, a UK-based executive recruitment firm, has entered insolvency and been listed for sale after a failed pivot to AI-driven talent acquisition. Revenue fell 20% YoY (£15.6m to £12.4m), debt costs spiked 5.5x, and net profit halved. The company invested heavily in MapX, an AI recruitment platform launched publicly in February 2023 after internal development since 2019.

Geographic Expansion · EMEA

Ripple secured a preliminary MiCA CASP license in Luxembourg, establishing EU market access for digital asset services.

Partnership · EMEA

Kyndryl expanded its sovereignty solutioning capabilities through strategic alliance with Microsoft, launching integrated services combining Kyndryl's Sovereignty Solutioning framework with Microsoft's Sovereign Cloud products (Azure, Microsoft 365, Azure Local) to address data residency and regulatory compliance requirements for governments and regulated industries.