UKG

American software company

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July 2024 UKG eliminated approximately 2,250 positions (14% of their global employee population) worldwide, with a notable incident of accidentally notifying impacted employees prematurely through premature FedEx label emails.
July 2024 Jennifer Morgan, former SAP Co-CEO, replaced Christopher Todd as chief executive officer of UKG.
2023 UKG named among America's Greatest Workplaces, recognizing the company's exceptional workplace environment and employee satisfaction.
2023 UKG recognized as one of America's Most Innovative Companies, highlighting the organization's commitment to technological and business innovation.
2023 UKG sponsored a $1 million prize for the NWSL Challenge Cup, demonstrating significant support for the National Women's Soccer League's annual tournament.
June 2023 UKG acquired Immedis, an Irish global payroll platform from CluneTech for over €550 million. The platform was relaunched as UKG OneView, focusing on multinational workforce management, payroll, tax, and funding.
November 2022 UKG acquired Quorbit, a strategic workforce planning software company headquartered in Oxford.
July 1 2022 Christopher Todd was named chief executive officer, succeeding Aron Ain, who became executive chairman of the board of directors.
February 2022 UKG acquired SpotCues, an employee engagement and communication solution, which was relaunched as UKG Talk with over 1 million users. In the same month, UKG expanded into the Caribbean market by acquiring Interboro Systems Corporation from Puerto Rico.
December 2021 UKG acquired Ascentis Corporation, a midmarket provider of Human Capital Management (HCM) and time management solutions.
December 2021 UKG launched the Close the Gap Initiative, a $3 million campaign to address salary inequity for U.S. workers, particularly focusing on women and people of color.
December 11 2021 UKG discovered a ransomware attack targeting its Kronos Private Cloud feature, affecting numerous large businesses and governmental entities including Boots, Gap Inc., Marriott International, PepsiCo, Samsung, Tesla, and the New York Metropolitan Transportation Authority.
September 1 2021 UKG purchased Great Place to Work Inc., the company responsible for creating Fortune's annual list of 100 Best Companies to Work For.
June 2021 UKG acquired EverythingBenefits, a cloud-based business software developer, enhancing its payroll, HR service delivery, and workforce management capabilities.
May 2021 Brian Reaves was appointed as the company's Chief Belonging, Diversity, and Equity Officer.
October 1 2020 The company officially adopted the name Ultimate Kronos Group (UKG).
April 1 2020 The merger between Ultimate Software and Kronos Incorporated was officially completed, creating the new company.
February 20 2020 Ultimate Software and Kronos Incorporated announced their agreement to form a new cloud computing venture, valued at $22 billion, with Aron Ain as CEO and chairman.

This contents of the box above is based on material from the Wikipedia article UKG, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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