UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

~~February~~March 266, 2015

Date of Report

(Date of earliest event reported)

Corporate Resource Services, Inc.

(Exact name of registrant as specified in its charter)

Delaware

1-36060

80-0551965

(State or other jurisdiction
of incorporation)

(Commission

File Number)

(IRS Employer Identification No.)

160 Broadway 13th Floor, New York, NY 10038

(Address of principal executive offices and zip code)

(646) 443-2380

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

□

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.01 Completion of Acquisition or Disposition of Assets

OnBeginning ~~February~~on 26March 6, 2015, ~~the~~and ~~Company~~through ~~entered~~March ~~into~~11, an2015, ~~agreement to sell certain assets related to its~~ Corporate Resource ~~Development (“CRD”) subsidiary to the Noor Staffing Group~~Services, ~~LLC~~Inc. (the “~~Noor~~Company”)~~. Noor~~ ~~agreed~~has tosubstantially ~~purchase~~sold ~~the~~or ~~foregoing~~transferred ~~assets~~all ~~for~~of ~~approximately~~its ~~$7.3~~remaining ~~million~~customer ~~dollars~~relationships that ~~payable~~had atnot ~~closing~~been ~~and~~previously ~~$2.5~~notified ~~million~~of ~~payable over~~a ~~the~~termination ~~next~~of ~~41 months~~service. On ~~February 27~~Accordingly, ~~2015,~~at the ~~transaction~~end ~~was~~of ~~completed.~~the ~~CRD~~termination ~~represented~~of ~~approximately~~services ~~$62 million of~~period, the Company’'s ~~2014~~ongoing ~~billings~~revenues ~~(approximately~~will 6%be ofminimal, ~~all~~if ~~2014 billings)~~any.

Item 8.01. Other Events.

OnIn ~~February~~connection ~~26,~~with ~~2015, Corporate Resource Services, Inc. (~~the ~~“Company”)~~cessation ~~mailed~~of ~~approximately~~sales ~~1,300~~after ~~termination~~the ~~notices~~transition ~~to certain customers which was incremental to the~~service ~~previously~~period ~~mailed~~is ~~termination~~completed, ~~notices. The notices generally provide for~~ the Company towill ~~continue~~close ~~providing~~its ~~services~~remaining ~~for~~production ~~the next~~offices 30and ~~days~~will ~~during~~eliminate ~~which~~selling, ~~time~~general weand ~~expect~~administrative expenses ~~the~~related ~~customers~~ to ~~transition~~those ~~services to another provider~~offices. The ~~customers~~cost ~~notified~~associated ~~on February~~with ~~26,~~the ~~2015~~elimination ~~represented approximately $270 million~~ of ~~2014~~these ~~billings~~expenses, ~~(approximately~~which ~~27%~~include oflease ~~all 2014 billings). The~~termination ~~aggregate~~expenses ~~termination~~and ~~notices~~other ~~mailed~~related incosts, ~~2015~~cannot ~~represent~~be ~~approximately~~estimated ~~$720~~at ~~million~~this ~~of 2014 billings (approximately 72% of all 2014 billings~~time.)

InItem connection with the terminations, the Company will be closing or consolidating related offices and eliminating selling general and administrative expenses associated with these customers after the transition service period is completed9.01 ~~The~~Financial ~~cost~~Statements ~~associated with the elimination of these expenses which include lease termination expenses, severance~~ and ~~other related costs cannot be estimated at this time. The Company is continuing to evaluate sales opportunities for the balance of its businesses.~~Exhibits

~~Item 9.01 Financial Statements and~~ (d) Exhibits.

~~(d) Exhibits~~None.

~~None.~~SIGNATURE

~~SIGNATURE~~Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: March 12, 2015							Corporate Resource Services, Inc.


							By /s/ John P. Messina, Sr.
							Name: John P. Messina, Sr.
							Title: Chief Executive Officer

Date: March 3, 2015	Corporate Resource Services, Inc.
	By:	/s/ John P. Messina, Sr.
		Name: John P. Messina, Sr. Title: Chief Executive Officer

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