Brief: The Eastern Company Provides Covid-19 Business Update

Eastern

14/04/2020 19:06

Eastern Co  EML.O :
    * THE EASTERN COMPANY PROVIDES COVID-19 BUSINESS UPDATE
    * EASTERN CO - SUSTAINING EASTERN'S FINANCIAL POSITION AND
LIQUIDITY
    * EASTERN CO - SUSPENDED ALL HIRING FOR SALARIED POSITIONS
    * EASTERN CO - CEASED DISCRETIONARY SPENDING, TEMPORARILY
REDUCED
WORK HOURS, INITIATED FURLOUGHS
    * EASTERN CO - CANCELLED CERTAIN REGULARLY SCHEDULED
MERIT-BASED
SALARY INCREASES
    * EASTERN CO - 13 OF CO'S 18 LOCATIONS IN NORTH AMERICA AND
ALL OF
CO'S THREE ASIAN LOCATIONS ARE OPERATING

Source text for Eikon:  ID:nBw9dCwBma 
Further company coverage:  EML.O