Brief: Questor Says Has Reduced Staffing Levels At All Locations To Essential Personnel

Questor Technology

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 

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