Volt Information Sciences, Inc. Reports Impairment Charges for the First Quarter Ended January 30, 2022

Volt Information Sciences, Inc. is a provider of staffing services, outsourcing solutions, and information technology infrastructure services. The Company's segments include North American Staffing, International Staffing, and North American MSP. The North American Staffing and International Staffing segment provides workforce management through locations in North America, Europe, and Asia Pacific locations. It delivers contingent staffing, direct placement, staffing management, and other employment services. The North American MSP segment consists of managing the procurement and on-boarding of contingent workers and a range of specialized solutions that includes managing suppliers and providing sourcing and recruiting support, statement of work management, supplier performance measurement, optimization and analysis, benchmarking of spend demographics and market rate analysis, consolidated customer billing and supplier payment management. It also provides payroll service solutions.