Releases Geral
Bitget Enhances Recruitment Efficiency with AI, Cutting Hiring Time by 38%
AGÊNCIA DE COMUNICAÇÃO Conteúdo de responsabilidade da empresa 25 de fevereiro de 2025
Bitget Limited
VICTORIA, Seychelles, Feb. 25, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released a report highlighting the transformative impact of artificial intelligence on the hiring process. The findings reveal that utilizing AI Bitget has reduced hiring timelines by 38%, streamlined talent acquisition, and improved candidate-job alignment, significantly increasing workforce efficiency.
Key Takeaways
- The introduction of AI in recruitment reduced Bitgets average hiring time by 38%.
- AI-powered resume screening reduced manual processing by 76%, allowing HR department to focus on higher-level candidates.
- Recruitment costs dropped by 25% due to automated hiring workflows.
- Employee retention improved by 15%, as a better candidate-job fit led to a lower first-year attrition rate.
- AI-driven candidate ranking and skill-job matching increased hiring accuracy, lowering bias in recruitment decisions by 38%.
Traditional hiring methods often result in slow recruitment cycles, high costs, and mismatches between candidates and job roles. Bitget implemented an AI-driven recruitment solution that automates resume screening, interview scheduling, and candidate evaluation. By leveraging machine learning and predictive analytics, the platform optimized hiring decisions based on skill-job compatibility, past performance metrics, and cultural fit. This transition to AI-driven recruitment has accelerated the companys hiring process while maintaining high selection standards.
Before implementing AI-driven hiring, Bitget relied on manual candidate screening and external recruitment agencies, which made recruitment costly and time-consuming. The average hiring cycle lasted 48 days, with some technical positions taking up to 50 days to fill. High dependence on third-party agencies accounted for nearly 40% of total hiring costs, while internal HR teams processed up to 500 resumes per month, leading to operational inefficiencies. Despite the companys rapid growth, traditional hiring methods limited its ability to scale into new markets and product sectors efficiently.
To address these challenges, Bitget introduced an AI-powered recruitment system designed to streamline hiring by automating resume screening, optimizing candidate-job matching, and improving decision-making. The AI model was trained using historical hiring data, evaluating key indicators such as skill compatibility, previous performance, and cultural fit. Integrated with existing HR systems, the technology enabled rapid candidate ranking and selection while reducing human bias.
The results were significant. The average time to hire dropped by 38%, cutting recruitment cycles from 48 to 30 days. Resume screening efficiency improved by 76%, allowing HR specialists to focus on high-value candidates rather than manual filtering. Cost savings reached 25%, primarily due to reduced reliance on external agencies and the automation of administrative hiring processes. Employee retention improved by 15%, as better candidate-job alignment led to a decrease in first-year attrition. Additionally, AI-driven evaluations helped minimize unconscious bias in hiring decisions, resulting in a 38% improvement in hiring accuracy.
With AI, were not just hiring faster were hiring smarter, said Gracy Chen, CEO of Bitget. This technology is helping us attract top talent more efficiently while optimizing costs and improving long-term retention.
Bitgets AI hiring transformation underscores how automation can enhance workforce efficiency in highly competitive industries. By integrating AI into recruitment, the company has set a new benchmark for efficiency, accuracy, and cost-effectiveness, offering a model that could reshape talent acquisition strategies across the cryptocurrency and technology sectors.
To know more about Bitgets AI usage in hiring, check the full report here.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, Bitget is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuolu (Wrestling world champion), Samet Gümü (Boxing gold medalist) and lkin Aydn (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, visit: Website / Twitter / Telegram / LinkedIn / Discord / Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6645e120-7461-4af0-9253-b5353f2d5350
A OESP nao e(sao) responsavel(is) por erros, incorrecoes, atrasos ou quaisquer decisoes tomadas por seus clientes com base nos Conteudos ora disponibilizados, bem como tais Conteudos nao representam a opiniao da OESP e sao de inteira responsabilidade da GlobeNewswire
Leia também
-
Releases Geral NYU Langone Health to adopt new Philips health technology solutions in multi-year partnership directed at patient safety, quality and outcomes
16 de novembro de 2023Royal Philips November 16, 2023 To unlock patient data for precision diagnosis and treatment, the new partnership includes digital pathology, clinical informatics, and innovative AI-enabled
Saiba Mais -
Releases Geral ATUALIZAR OTC Markets Group Recebe o Grupo Bimbo S.A.B. de C.V. na OTCQX
16 de outubro de 2023OTC Markets NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) — O OTC Markets Group Inc. (OTCQX: OTCM), operadora de mercados regulamentados de 12.000 títulos dos EUA e internacionais, anunciou hoje que
Saiba Mais -
Releases Geral Após recuperação, Ifix se mantém acima dos 3100 pontos
2 de agosto de 2023DINO DIVULGADOR DE NOTÍCIAS (DINO – 02 ago, 2023) – Os FIIs (Fundo de Investimento Imobiliário) são um tipo de investimento para aqueles que desejam investir no mercado
Saiba Mais