Staffing 360 Solutions, Inc. — Cyborg Score 3/10

Challenged
Staffing & Employment Services

Strategic Profile

The company employs a targeted consolidation model aimed at uniting specialized staffing firms and uses a combination of organic growth and strategic acquisition to harness operational efficiencies and optimize resource utilization, with the buy-and-build strategy designed to diversify staffing services and foster scalable operational frameworks. However, Staffing 360 filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Eastern District of North Carolina on May 5, 2025.

Cyborg Score Rationale

Staffing 360 is currently in Chapter 11 bankruptcy (May 2025), indicating severe financial distress. The company faced declining stock performance and was at risk of delisting from NASDAQ. Operational continuity and recovery prospects remain uncertain during reorganization.

Top Insights

  • Buy-and-build strategy targets specialized staffing in high-demand sectors (IT, finance, engineering) across US and UK markets
  • Company achieved $300 million revenue milestone by September 2019 before subsequent financial deterioration
  • Filed Chapter 11 bankruptcy (May 2025), now operating under court supervision during reorganization
  • Previously listed on NASDAQ since September 2015; faces delisting risk if bankruptcy plan does not stabilize operations

Named Competitors

  • Kforce — Professional staffing and technology services
  • On Assignment — IT and engineering staffing
  • Heidrick & Struggles — Executive search and staffing

Recent Developments

  • (May 2025) Filed voluntary petition for reorganization under Chapter 11 in U.S. Bankruptcy Court for the Eastern District of North Carolina

Open the full interactive Staffing 360 Solutions, Inc. report

Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.

Open report →