Staffing 360 Solutions Takes Next Step to Maximize Worker Protection from COVID-19; Requires Internal U.S. Employees to be Vaccinated
Staffing 360 Solutions, Inc. (NASDAQ: STAF) announced its decision to mandate COVID-19 vaccinations for all U.S. employees as part of its commitment to workplace safety. The policy will be effective by September 13th, with exceptions for approved medical and religious accommodations. In the UK, 95% of staff have voluntarily chosen to be vaccinated. CEO Brendan Flood emphasized the importance of vaccinations for protecting employees and the community. The company aims to enhance safety similar to other major companies that have taken similar actions.
- Mandating COVID-19 vaccinations demonstrates commitment to employee safety.
- 95% of UK staff voluntarily vaccinated indicates a proactive approach to health.
- None.
NEW YORK, July 30, 2021 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of domestic and international staffing organizations in the United States and United Kingdom, today announced that as part of its ongoing duty to keep its employees, their families, contractors, temporary workers, clients and visitors as safe as possible, the Company will now require COVID-19 vaccinations for its internal U.S. employees. While the decision to mandate the vaccine is not legislated in the UK, we are proud that
Brendan Flood, Chairman, CEO and President, said, “We believe it’s vital to stand on the side of safety and science and that vaccinations are the best way to keep our workers and communities as safe as possible. We have been actively communicating vaccine safety and efficacy to our internal team for several months. Many of our workforce have been operating throughout the pandemic as ‘essential workers.’ We want to support and help ensure that our entire workforce is healthy and can continue to contribute to their families and the economy as we navigate through these latest stages of the virus.
“We are proud to be one of the first staffing companies to join other leaders in the business community mandating vaccinations, including Google and Facebook, in the effort to keep everyone as healthy and safe as possible.
“Our Covid-19 policy will be published on our website and all internal U.S. employees must be fully vaccinated by September 13th unless a reasonable accommodation for a religious or medical reason is requested and approved by the human resources department and Alicia Barker, Chief Operating Officer.”
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
FAQ
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