New Era in Diversity Recruitment: Professional Diversity Network, Inc. Rebrands Job Board Operation as TalentAlly
26 Agosto 2024 - 10:00AM
Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the
“Company”), a leader in developing and operating online and
in-person networks that offer access to networking, training,
educational, and employment opportunities for diverse individuals,
is pleased to announce the rebranding of its job board operations
to TalentAlly. TalentAlly LLC will now operate as a standalone
subsidiary of Professional Diversity Network, Inc.
Despite challenges in the recruitment market, PDN's job board
service revenue increased by 3.2% in the first half of this year
compared to last year. Consequently, the Company has decided to
intensify its focus on its job board recruitment business,
intending to significantly advance its commitment to diversity
recruitment and inclusive hiring practices.
For over two decades, PDN has supported the recruiting
strategies of Fortune 500 companies and other organizations across
various industries. As the landscape of diversity in the workplace
continues to evolve, it became imperative to reflect upon its
branding as an advocate of DEI. The name TalentAlly acknowledges
all aspects of interlacing identities, recognizes the
organization’s responsibility as an ally to talent, and aligns with
PDN’s continued mission to create a fair and inclusive job market
by bridging the gap between job seekers from diverse backgrounds
and employers who champion DEI.
This strategic rebranding enables the company to connect with,
market to, and expand its network of job seekers from diverse
backgrounds. TalentAlly will continue to empower individuals to
grow their careers with the support of its diverse network of
partners and inclusive employers, career fairs, networking
opportunities, mentorship programs, and more. Furthermore, with the
launch of TalentAlly, the company will focus on career development
and strategic recruitment by offering a continually updated library
of resources for job seekers and recruiters. As job seeker quantity
and quality increase, the company anticipates an increase in
employers’ recruiting from its network.
“With TalentAlly, we’re embracing a broader vision. Our new
corporation structure and rebranding of our recruitment service
reflect our role as a dedicated ally to all talented individuals,
acknowledging the richness of their identities and experiences.
This strategic shift positions us to more effectively engage with
and support both job seekers and employers, thereby advancing our
efforts to foster equitable and inclusive job markets,” said Adam
He, CEO of the Company.
About TalentAlly, LLC
TalentAlly is a developer and operator of online and in-person
networks that provides access to networking, training, educational
and employment opportunities for diverse professionals. Through an
online platform and our relationship recruitment affinity groups,
we provide our employer clients a means to identify and acquire
diverse talent and assist them with their efforts to recruit
diverse employees. Our mission is to bridge the gap between diverse
individuals and inclusive companies by providing a platform that
empowers job seekers in their pursuit of fulfilling careers. We
envision a world where individuals from minority groups have equal
opportunities to thrive in workplaces that champion diversity,
equity, and inclusion.
For more information about TalentAlly, please visit
www.talentally.com.
Professional Diversity Network, Inc. (IPDN)
TalentAlly is a business unit operated by Professional Diversity
Network, Inc., along with two others – NAPW and RemoteMore.
For more information about Professional Diversity Network, Inc.,
please visit www.ipdn.com.
Forward-Looking Statements
This press release contains information about IPDN's view of its
future expectations, plans, and prospects that constitute
forward-looking statements. These forward-looking statements are
made under the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995, as amended. All
statements other than statements of historical facts in this
announcement are forward-looking statements, including, but not
limited to: any projections of earnings, revenue, or other
financial items; any statements regarding the adequacy,
availability, and sources of capital, any statements of the plans,
strategies, and objectives of management for future operations; any
statements regarding the future benefits of the investment
described in this release, including the development of new revenue
streams or the availability of distributions on any securities; any
statements relating to the future reinstatement of the license
described in this release by the applicable regulatory authorities;
any statements concerning proposed new products, services, or
developments; any statements regarding future economic conditions
or performance; any statements of belief; and any statements of
assumptions underlying any of the foregoing. In addition, there is
uncertainty about the continuous spread of the COVID-19 virus and
the impact it may have on the Company’s operations, the demand for
the Company’s products, and global economic activity in general.
IPDN may also make written or oral forward-looking statements in
its periodic reports to the SEC, in its annual report to
shareholders, in press releases and other written materials, and in
oral statements made by its officers, directors, or employees to
third parties. Statements that are not historical facts, including
statements about PDN’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties, whether known or unknown, and are
based on current expectations and projections about future events
and financial trends that the Company believes may affect its
financial condition, results of operations, business strategy, and
financial needs. Investors can identify these forward-looking
statements by words or phrases such as “may,” “will,” “will make,”
“will be,” “expect,” “anticipate,” “aim,” “estimate,” “intend,”
“plan,” “believe,” “potential,” “continue,” “endeavor to,” “is/are
likely to,” or other similar expressions. Further information
regarding these and other risks is included in our annual report
and other filings with the U.S. Securities and Exchange Commission
(the “SEC”). All information provided in this press release is as
of the date of this press release, and PDN undertakes no obligation
to update any forward-looking statements, except as may be required
under applicable law.
Press Contact for IPDN:
Professional Diversity Network, Inc.Tel: (312) 614-0950Email:
investors@ipdn.com
Professional Diversity N... (NASDAQ:IPDN)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Professional Diversity N... (NASDAQ:IPDN)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024