| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Significant reduction in selling, general and administrative (SG&A) costs including workforce realignment and adjustments have been implemented to position the Company for enhanced and sustained financial performance.
In view of the current and anticipated continuing volatility in the staffing industry and less than robust labor market conditions, the Company also will seek to capitalize on acquisition opportunities at more attractive prices which are becoming more readily available due to the macroeconomic downturn and muted demand for contract staffing and direct hire placements.
In addition to proceeding with the aforementioned strategic initiatives, the Company expects to reduce amortizable intangible assets and a portion of its goodwill included in its Balance Sheet through the corresponding recognition of non-cash, pre-tax charges of approximately $20.5 million in its Statement of Operations for the Fiscal Third Quarter ended June 30, 2024.
Posted In: JOB
