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Stock impact report

New Era in Diversity Recruitment: Professional Diversity Network, Inc. Rebrands Job Board Operation as TalentAlly

Professional Diversity Network, Inc. (IPDN) 
US:NASDAQ Investor Relations: investor.prodivnet.com
Company Research Source: GlobeNewswire
CHICAGO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- 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 o Show less Read more
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