Brief: Emagin Corp says Effective Oct 14, Adopted Work Status Reduction With Objectives Of Reducing Expenses And Saving Cash

eMagin

18/10/2019 23:32

Oct 18 (Reuters) - eMagin Corp  EMAN.A :
    * EMAGIN CORP - EFFECTIVE OCT 14, ADOPTED A WORK STATUS
REDUCTION
WITH OBJECTIVES OF REDUCING EXPENSES AND SAVING CASH
    * EMAGIN CORP - PURSUANT TO WORK STATUS REDUCTION, WORK
STATUS OF
EACH OF CO'S EXECUTIVE OFFICERS HAS BEEN REDUCED BY 20%
    * EMAGIN CORP - PURSUANT TO WORK STATUS REDUCTION, WORK
STATUS OF
CERTAIN VICE PRESIDENTS OF CO HAS BEEN REDUCED BY EITHER 20% OR
10%
    * EMAGIN-WORK STATUS REDUCTION HAS NO EFFECT ON HOURLY RATE
OF
SALARY APPLICABLE TO EXECUTIVE OFFICERS, VICE PRESIDENTS SUBJECT
TO WORK STATUS REDUCTION

Source text - (http://bit.ly/2MWqXTA)
Further company coverage:  EMAN.A 

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