Brief: Questor Says Has Reduced Staffing Levels At All Locations To Essential Personnel
23/04/2020 02:05
April 22 (Reuters) - Questor Technology Inc QST.V :
* QUESTOR TECHNOLOGY INC. OPERATIONS UPDATE
* COVID-19, COMBINED WITH OIL PRICE WAR WILL HAVE A
SIGNIFICANT
EFFECT ON OUR 2020 BUSINESS RESULTS
* HAS REDUCED STAFFING LEVELS AT ALL LOCATIONS TO ESSENTIAL
PERSONNEL ONLY
* CO EXPECTS FIXED COST REDUCTION MEASURES WILL REDUCE YEAR
OVER
YEAR FIXED COSTS BY APPROXIMATELY 20%
Source text for Eikon: ID:nGNX70cL5k
Further company coverage: QST.V
((Reuters.Briefs@thomsonreuters.com;))
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