Brief: Uni-Select Provides Update On Current Covid-19 Actions
01/04/2020 11:39
April 1 (Reuters) - Uni-Select Inc UNS.TO :
* UNI-SELECT INC. PROVIDES UPDATE ON CURRENT COVID-19
ACTIONS
* UNI-SELECT INC - REORGANIZATION HAS RESULTED IN
APPROXIMATELY
50% OF EMPLOYEES BEING FURLOUGHED AND 33% OF SITES BEING
TEMPORARILY CLOSED
* UNI-SELECT INC - WORK HOURS HAVE BEEN REDUCED BY 20% FOR
ALL
EMPLOYEES WHO REMAIN AT WORK
* UNI-SELECT INC - BOARD OF DIRECTORS REDUCED ITS MEMBERS'
REMUNERATION BY 25% EFFECTIVE FROM JAN 1, 2020 UNTIL JUNE 30,
2020
* UNI-SELECT INC - ACTIVELY MANAGING ITS LIQUIDITY
Source text for Eikon: ID:nCNWWVj2Ka
Further company coverage: UNS.TO
((Reuters.Briefs@thomsonreuters.com;))
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