Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an
international buy-integrate-build strategy through the acquisition
of staffing organizations in the United States and the United
Kingdom, today announced that it joins the growing coalition
pledging to advance diversity and inclusion in the workplace. As
one of more than 1,300 CEOs that have come together for CEO Action
for Diversity & Inclusion™, Brendan Flood, Chairman and Chief
Executive Officer, is committing himself and Staffing 360 Solutions
to advance diversity and inclusion in the workplace.
By signing this commitment, Staffing 360
Solutions is pledging to take action to cultivate a workplace where
diverse perspectives and experiences are welcomed and respected,
and where employees feel encouraged to discuss diversity and
inclusion. The collective of more than 1,300 signatories have
already shared more than 1,300 best known actions, exchanging
tangible learning opportunities and creating collaborative
conversations via the initiative’s unified hub, CEOAction.com.
Flood said, “Our organization pulled together in
an extraordinary way during COVID-19 and the social uprisings. Our
core values of honesty, integrity, belief, transparency and
tenacity have long been the pillars of our corporate value system.
We listened to what our employees were telling us, and we are
determined to do more and better. When we learned of CEO in Action,
we welcomed this opportunity to join the pledge and ensure we are
doing our part to educate staff about institutional racism, micro
aggressions in the workplace and unconscious bias.
“In late summer, we developed a Global Task
Force to lead our efforts. It is not enough to simply create a
diverse culture; we must do our part to make sure that our
organization’s leadership and staff recognize the breadth and depth
of talent that is created by including people of all backgrounds
and cultures. Alicia Barker, our Chief Operating Officer, has
recruited a group of internal Delegates that have pledged to
personally act to do their part to make a difference. They are also
actively promoting individuals to sign up to the personal pledge
and share their pride to work for a company that values diversity
and inclusion,” continued Flood.
Organizations joining the pledge are taking a
step towards effecting positive change. A diverse and inclusive
workforce facilitates community, but also drives innovation and
creativity. A recent study found that 85 percent of those surveyed
reported that diversity is a key component to fostering
innovation.
Flood added, “Diversity and inclusion are
difficult issues to navigate, but if we avoid constructive
conversation about our differences, communication deteriorates and
productivity suffers. I am proud that Staffing 360 Solutions is
committing to cultivating a work environment where employees can
openly address challenges, present opportunities, and share
perspectives.”
CEO Action for Diversity &
Inclusion™ is cultivating a new type of ecosystem centered
around collaboration and sharing. The actions, available via
CEOAction.com, showcase real-life examples of the open and
transparent conversations to cultivate more diverse and inclusive
workplace environments. The addition of new signatories expands the
impact of this work beyond the office to communities and
industries.
Flood signed the pledge as a declaration of
Staffing 360 Solutions commitment to continue cultivating and
advancing a diverse and inclusive workplace. Formally marking the
Company’s latest action toward a more inclusive culture, Staffing
360 Solutions is taking further steps to lead by example and enrich
the workplace and communities where they do business. Staffing 360
Solutions is committed to creating a culture where diverse
perspectives and experiences are welcome and respected, and open
dialogue is actively supported.
The CEO Action for
Diversity & Inclusion™ is led by a steering committee
of CEOs and leaders from Accenture, BCG, Deloitte US, The Executive
Leadership Council, EY, General Atlantic, KPMG, New York Life,
Procter & Gamble, and PwC. The coalition represents 85
industries, all 50 US States, and millions of employees
globally.
To learn more about the pledge, visit
CEOAction.com. The website serves as a hub for information sharing,
idea generation, and program development. With more than 1,300 best
known actions shared, companies that are not currently implementing
the elements of the pledge can use it as an opportunity to learn
from others that are already doing so. Learning from, and sharing,
actions help companies drive greater engagement within their own
programs, as well as mentor others on their journey.
About CEO Action for Diversity &
Inclusion™CEO Action for Diversity &
Inclusion™ is the largest CEO-driven business commitment
to advance diversity and inclusion within the workplace. Bringing
together more than 1,300 CEOs of America’s leading organizations,
the commitment outlines actions that participating companies pledge
to take to cultivate a workplace where diverse perspectives and
experiences are welcomed and respected, employees feel comfortable
and encouraged to discuss diversity and inclusion, and where best
known - and unsuccessful - actions can be shared across
organizations. Learn more at CEOAction.com and connect with us on
Twitter: @CEOAction.
About Staffing 360 Solutions,
Inc.Staffing 360 Solutions, Inc. is engaged in the
execution of an international buy-integrate-build strategy through
the acquisition of domestic and international staffing
organizations in the United States and United Kingdom. The
Company believes that the staffing industry offers opportunities
for accretive acquisitions that will drive its annual revenues to
$500 million. As part of its targeted consolidation model, the
Company is pursuing acquisition targets in the finance and
accounting, administrative, engineering, IT, and Light Industrial
staffing space. For more information, please
visit: www.staffing360solutions.com. Follow Staffing 360
Solutions
on Facebook, LinkedIn and Twitter.
Forward-Looking StatementsThis
press release contains forward-looking statements, which may be
identified by words such as "expect," "look forward to,"
"anticipate," "intend," "plan," "believe," "seek," "estimate,"
"will," "project" or words of similar meaning. Although
Staffing 360 Solutions, Inc. believes such forward-looking
statements are based on reasonable assumptions, it can give no
assurance that its expectations will be attained. Actual
results may vary materially from those expressed or implied by the
statements herein, including the goal of achieving annualized
revenues of $500 million, the Company’s ability to successfully
raise sufficient capital on reasonable terms or at all, to
consummate additional acquisitions, to successfully integrate newly
acquired companies, to organically grow its business, to
successfully defend potential future litigation, to successfully
refinance its debt, and to receive loans under the US Main Street
Lending Program, changes in local or national economic conditions,
the ability to comply with contractual covenants, including in
respect of its debt, as well as various additional risks, many of
which are now unknown and generally out of the Company’s control,
and which are detailed from time to time in reports filed by the
Company with the SEC, including quarterly reports on Form 10-Q,
reports on Form 8-K and annual reports on Form 10-K. Staffing
360 Solutions does not undertake any duty to update any statements
contained herein (including any forward-looking statements), except
as required by law.
Investor Relations Contacts: |
|
Harvey Bibicoff, CEO |
Terri MacInnis, VP of IR |
Bibicoff + MacInnis, Inc. |
Bibicoff + MacInnis, Inc. |
818-379-8500 x1 harvey@bibimac.com |
818-379-8500 x2 terri@bibimac.com |
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