Staffing and Outsourcing

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3 ways the new H-1B rule will turbocharge staff outsourcing
Yahoo Finance· 2025-09-23 21:18
The White House’s new rule mandating a $100,000 H-1B visa fee for foreign professionals to ply their trades in the U.S. is already shifting national high-talent employment trends, with no shortage of winners and losers. One early beneficiary could be global outsourcing firms that specialize in matching workplace talent with companies that need it, especially if the talent works remotely outside the U.S. Human resources outsourcing is already humming, with the market expected to grow from $276 billion i ...
Atlantic International Corp. to Present at the 2025 Gateway Conference on September 4
Globenewswire· 2025-08-18 11:00
Company Overview - Atlantic International Corp. (NASDAQ: ATLN) is a growth-oriented holding company focused on delivering innovative workforce solutions, outsourced services, and human capital management [6] - The company partners with businesses nationwide to provide flexible, scalable staffing and operational support, helping clients adapt, compete, and grow in dynamic markets [6] - Atlantic employs a disciplined acquisition strategy and is committed to operational excellence, aiming to build a diversified platform that drives sustainable value for customers, employees, and shareholders [6] Conference Details - Atlantic International Corp.'s CEO, Jeffrey Jagid, is scheduled to present at the 2025 Annual Gateway Conference on September 4 at 9:00 a.m. Pacific Time [2] - The presentation will be webcast live and available for replay, with additional opportunities for one-on-one meetings with investors throughout the conference [2] - The Gateway Conference connects high-growth companies with institutional investors, analysts, and capital markets professionals, celebrating 25 years of fostering impactful industry connections [3][4] Industry Context - The Gateway Conference features a diverse array of companies across various sectors, including technology, cleantech, consumer, industrials, financial services, and healthcare [4] - Attendees will have exclusive access to senior executives from over 100 private and public companies, providing insights into emerging growth opportunities [4]
Atlantic International Corp. Reports Strong Operational Improvements in Second Quarter 2025
Globenewswire· 2025-08-14 11:00
Core Insights - Atlantic International Corp. reported significant operational improvements and a strengthened financial position in Q2 2025, with a focus on profitability and cash flow generation [1][3] Financial Performance - Net loss narrowed by 81% to $10.7 million (or $0.20 per share) compared to a net loss of $54.9 million (or $1.96 per share) in Q2 2024 [6] - Service revenue was $102.9 million, with permanent placement services up 17% year-over-year [6] - Gross profit margin improved to 11.1%, reflecting pricing discipline and operational efficiency [6] - Operating cash flow was $5.0 million for the six months, improving from $(4.2) million a year ago [6] - Service revenue increased to $205.7 million from $205.3 million in the prior year period [6] - Gross profit improved 3.0% to $22.6 million, with gross margin expanding to 11.0% from 10.7% [6] - Net loss per share improved 82% to $(0.40) compared to $(2.23) in the prior year period [6] Business Segments - The permanent placement and other services segment grew by 16.9% in Q2 and 9.3% for the six-month period, contributing significantly to overall service revenue and gross profit improvements [3] Strategic Initiatives - The company secured a new $70 million asset-based lending facility, replacing the prior credit arrangement to support growth initiatives and working capital needs [6] - Positive momentum is expected to continue into Q3, driven by strong demand in both temporary and permanent placement services [3]
Atlantic International Corp. Postpones Annual General Meeting
Globenewswire· 2025-07-18 21:30
Company Overview - Atlantic International Corp. is a publicly traded global platform specializing in outsourced services and workforce solutions [2] - The company operates through subsidiaries, including Lyneer Staffing Solutions, providing tailored staffing, recruiting, and strategic outsourcing solutions across various industries [2] - Atlantic International focuses on innovation, operational excellence, and customer success while expanding its global footprint [2] Recent Developments - The company has postponed its Annual General Meeting, which was originally scheduled for July 15, 2025, to a later date that will be determined [1]
Atlantic International Corp. Added to Membership of Russell 3000® Index
Globenewswire· 2025-06-17 13:01
Core Insights - Atlantic International Corp. has been added to the Russell 3000® Index, effective June 30, 2025, indicating continued growth and market momentum [1][3] - Membership in the Russell 3000® Index provides automatic inclusion in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, along with appropriate growth and value style indexes [2] Company Overview - Atlantic International Corp. is a publicly traded global provider of outsourced services and workforce solutions, focusing on tailored staffing, recruiting, and strategic outsourcing across various industries [5] - The company aims to expand its global footprint while driving value for clients, employees, and shareholders [5] Industry Context - The Russell U.S. indexes capture the 4,000 largest U.S. stocks ranked by total market capitalization, with approximately $10.6 trillion in assets benchmarked against these indexes as of June 2024 [2][3] - FTSE Russell, which maintains the Russell indexes, is a global index provider that calculates thousands of indexes covering 98% of the investable market globally, with about $18.1 trillion benchmarked to its indexes [6]
Brunel’s AGM approved all voting items
Globenewswire· 2025-05-15 16:00
Core Points - Brunel International N.V. held its Annual General Meeting of Shareholders (AGM) on 15 May 2025, where all agenda items were approved [1][2] - Mr. Frank van der Vloed was reappointed to the Supervisory Board for a four-year term, while Mr. Toine van Doremalen was appointed as Chief Financial Officer (CFO) for a four-year term [2][3] - The financial statements for the fiscal year 2024 were adopted, and a cash dividend of €0.55 per share was approved for distribution [3] Company Leadership Changes - Toine van Doremalen brings 25 years of experience in finance and international business, which is expected to enhance the company's growth and innovation [3] - The appointment of Toine van Doremalen as CFO follows the recent appointment of Peter de Laat as Chief Executive Officer effective from 1 October 2024 [2][3] Financial Performance - The AGM confirmed the distribution of a cash dividend of €0.55 per share for the financial year 2024, with the shares quoting ex-dividend on 19 May 2025 and payment scheduled for 12 June 2025 [3]
KellyOCG Earns Recognition as a John Deere “Partner-level Supplier”
Globenewswire· 2025-04-30 13:06
Core Insights - KellyOCG has been recognized as a Partner-level supplier for 2024 in the John Deere Achieving Excellence Program, which is the highest supplier rating from Deere & Company [1][3] - The recognition highlights KellyOCG's commitment to providing high-quality products and services, as well as its dedication to continuous improvement [2][4] Company Performance - KellyOCG is a supplier of Managed Service Provider (MSP) and Recruitment Process Outsourcing (RPO) solutions specifically for John Deere's operations in the U.S. and Canada [2] - The Achieving Excellence program evaluates suppliers annually based on key performance categories such as quality, delivery, process alignment, value creation, and relationship [3] Industry Context - The Achieving Excellence program was established by John Deere Supply Chain in 1991 to promote continuous improvement among suppliers [3] - KellyOCG has achieved Partner-level supplier recognition five times, indicating a consistent performance in meeting John Deere's standards [3]