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Stock impact report

Staffing 360 Solutions Shifts Strategy to Focus Exclusively on U.S. Staffing Industry; Divests U.K. Staffing Business

Staffing 360 Solutions, Inc. (STAF) 
NASDAQ:AMEX Investor Relations: staffing360solutions.com/investors.html
Company Research Source: GlobeNewswire
NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. (the “Company” or “Staffing 360 Solutions”) (Nasdaq: STAF), a company executing a buy-integrate-build strategy through the acquisition of staffing organizations in the United States, today announced a targeted shift in its focus exclusively on its U.S. staffing business of Monroe Staffing Services, Key Resources, Headway Workforce Solutions and Lighthouse Professional Services, and that IPE Ventures has assumed ownership of the Company’s U.K.-based staffing operation. After a thorough, strategic review of its business and current industry conditions, the Board of Directors of Staffing 360 Solutions (the “Board”) concluded that the Company will be best served by focusing solely on the U.S. staffing market, which is the largest such market in the world. The Board currently is evaluating various options through which the Company can successfully execute on this new strategy. “The United States Staffing and Recru Show less Read more
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