Trueblue - TBI STOCK NEWS

TrueBlue (NYSE: TBI) announces that four of its leaders have been named to the HRO Today 2023 HR Superstars list. The executives include Taryn Owen, President & CEO, Carl Schweihs, Chief Financial Officer, Rick Betori, President of PeopleScout, and Kristy Willis, President of PeopleReady. The press release details their extensive experience and contributions to the company, emphasizing their roles in driving growth, innovation, and international expansion.

TrueBlue (NYSE: TBI) announces results of a study revealing that 90% of HR leaders believe that up to 50% of their workforce will need to be reskilled in the next five years. The report highlights the growing skills gap and the importance of adopting skills-based talent acquisition and management strategies. Global labor trends and the skills countdown indicate talent shortages across various industries, with an estimated 85 million jobs going unfilled by 2030, costing $8.5 trillion in lost revenue. The study also points out that companies are ill-prepared for the future, with global trends such as automation and AI adoption rapidly changing the skills needed for jobs, while employers continue to prioritize degrees and experience over skills when making hiring decisions. Technology adoption is accelerating the need to evolve skills, with 50% of HR leaders anticipating that job roles at their organizations will transform due to shifts in required skill sets. However, the report reveals that both employers and employees undervalue skills in technology, and 34% of employers lack any plans for workforce adoption of automation and AI.

TrueBlue (NYSE: TBI) announces President and CEO Taryn Owen and PeopleReady President Kristy Willis recognized for impactful leadership in staffing industry

TrueBlue (NYSE: TBI) announced that its subsidiary, PeopleReady, received two awards from the International Awards Associate (IAA) for its JobStack app. The app won a Platinum TITAN Business Award for Business Technology Solution and a Gold Vega Award for Apps & Software. JobStack has been downloaded by over three million job seekers and has facilitated filling more than 14 million shifts. 97% of PeopleReady's associates use JobStack, which offers a fully virtual job search experience for job seekers and real-time order submission and tracking for businesses.

TrueBlue (NYSE: TBI) to participate in Sidoti Virtual Investor Conference on December 7, 2023. CEO Taryn Owen and CFO Carl Schweihs to engage in fireside chat at 4:00 PM Eastern Time. Live webcast and replay available on TrueBlue's Investor Relations website.

TrueBlue (NYSE: TBI) Earns Recognition for WorkUp Program in Addressing Skilled Trades Worker Shortage

TrueBlue (NYSE: TBI) Launches Veterans Apprenticeship Program with FastPort to Address Driver Shortage

TrueBlue, a leading provider of specialized workforce solutions, has joined the United Nations Global Compact, a voluntary corporate sustainability initiative. The company is committed to supporting the initiative's ten principles and implementing all 17 Sustainable Development Goals. TrueBlue will focus on quality education, gender equality, decent work and economic growth, and climate action.

TrueBlue announces Q3 2023 results with a decrease in revenue and net loss per diluted share compared to the previous year. However, the company sees signs of potential stabilization in demand and remains focused on meeting client needs and maintaining financial flexibility.