Staffing 360 Solutions Announces the Re-Branding of Headway Workforce Solutions
Staffing 360 Solutions, Inc. (STAF) announced the rebranding of Headway Workforce Solutions, which includes a new logo aligned with its Intelligent Integration strategy. This rebranding aims to enhance Headway's market position using Staffing 360 Solutions' resources for better client service. Headway has over 48 years of experience in HR outsourcing and talent solutions across various sectors. The rebranding reflects a commitment to maintaining brand recognition while modernizing its identity within the Staffing 360 Solutions framework.
- Rebranding of Headway Workforce Solutions may enhance market visibility and client engagement.
- The partnership with Staffing 360 Solutions provides Headway with additional resources and support.
- Potential risks associated with market conditions and retention of Nasdaq listing.
- Uncertainties related to economic impacts of COVID-19 on business operations.
NEW YORK, Oct. 11, 2022 (GLOBE NEWSWIRE) -- 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 the re-branding of Headway Workforce Solutions.
The official rebranding of Headway Workforce Solutions will take place this week, including a new logo. The Headway Workforce Solutions rebranding and new logo design falls in line with Staffing 360 Solutions Intelligent Integration strategy.
“We are delighted to welcome Headway Workforce Solutions to the Staffing 360 Solutions’ Professional Staffing (US) business stream,” said President and CEO Brendan Flood. “The relationship between Headway and Staffing 360 Solutions dates back over 20 years and we feel that this partnership will yield collective successes that we would not otherwise achieve independently. Headway’s unique approach to staffing combines sophisticated technology with a hands-on operations model to better serve clients and job seekers. This re-branding will offer Headway the support and backing from Staffing 360 Solutions and their investors to continue to disrupt the Staffing Industry.”
The logo for Headway Workforce Solutions now follows the same layout and design of Staffing 360 Solutions’ other subsidiaries by adding a strapline below the historical brand as well as a customized 360 orb, which reflects the unique characteristics of Headway Workforce Solutions. At the same time, the original logo, which customers have come to know over the company's forty-eight years of operations in the U.S., remains intact above the strapline. This is a key aspect of Staffing 360 Solutions integration, as it maintains the strong brand recognition and goodwill Headway Workforce Solutions has gained over the years, while also providing an enhanced logo and stronger connection with the rest of the Staffing 360 Solutions brands.
Founded in 1974 Headway Workforce Solutions is a leading B2B (Business to Business) provider of HR Administration Outsourcing and Talent Solutions. We’re committed to meeting the challenges of high-volume, large-scale contingent, and permanent workforce requirements within highly focused sectors across the nation. Our high-touch, best-in-class service model encompasses two integral components: Recruitment & Staffing and Employer of Record. Over the past forty years, Headway has provided services to over 1000 discrete companies, primarily in the retail, hospitality, events, light industrial, financial services, survey research, and marketing and scientific research industries.
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 and as part of its targeted consolidation model, is pursuing acquisition targets in the finance and accounting, administrative, engineering, IT, and light industrial staffing space. For more information, visit http://www.staffing360solutions.com. Follow Staffing 360 Solutions on Facebook, LinkedIn and Twitter.
Forward-Looking Statements
This 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. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified; consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, our ability to retain our listing on the Nasdaq Capital Market; market and other conditions; the geographic, social and economic impact of COVID-19 on the Company’s ability to conduct its business and raise capital in the future when needed; weakness in general economic conditions and levels of capital spending by customers in the industries the Company serves; weakness or volatility in the financial and capital markets, which may result in the postponement or cancellation of customer capital projects or the inability of the Company’s customers to pay the Company’s fees; the termination of a major customer contract or project; delays or reductions in U.S. government spending; credit risks associated with the Company’s customers; competitive market pressures; the availability and cost of qualified labor; the Company’s level of success in attracting, training and retaining qualified management personnel and other staff employees; changes in tax laws and other government regulations, including the impact of health care reform laws and regulations; the possibility of incurring liability for the Company’s business activities, including, but not limited to, the activities of the Company’s temporary employees; the Company’s performance on customer contracts; negative outcome of pending and future claims and litigation; government policies, legislation or judicial decisions adverse to the Company’s businesses; the Company’s ability to access the capital markets by pursuing additional debt and equity financing to fund its business plan and expenses on terms acceptable to the Company or at all; and the Company’s ability to comply with its contractual covenants, including in respect of its debt agreements, 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 Contact:
Terri MacInnis, VP of IR
Bibicoff + MacInnis, Inc.
(818) 379-8500 x 2
terri@bibimac.com
Media Contact:
Jules Abraham
CORE IR
(917) 885-7378
julesa@coreir.com
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