Bloomberg (05/05/14) Michael Bathon
U.S. Bankruptcy Judge Kevin J. Carey has approved a prepackaged bankruptcy approval plan that reorganizes temporary staffing firm Select Family of Staffing Cos., formerly known as Koosharem LLC. The plan cuts debt by $300 million, or 46%. The company, which filed for bankruptcy on April 1, had already received approval from lenders to reduce debt of more than $650 million to about $350 million by raising funds in an equity rights offering and issuing new debt.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in one place. Stop by CareerBuilder’s booth next week at Staffing World to learn more—Booth 813 in the expo hall.