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BRIEF-BRP Announces Temporary Layoffs And Furlough For Some Employees

Published 2020-04-15, 08:36 a/m
© Reuters.
DOOO
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April 15 (Reuters) - BRP Inc DOO.TO :

* BRP ANNOUNCES ADDITIONAL MEASURES TO MANAGE COVID-19 IMPACT

* BRP INC - TEMPORARY LAYOFFS AND FURLOUGH FOR SOME EMPLOYEES

* BRP INC - TAKING COST-CONTAINMENT MEASURES AND CHANGES IN EMPLOYEE COMPENSATION

* BRP INC - SALARY OF MOST OFFICE EMPLOYEES IS REDUCED BY 10%

* BRP INC - SALARY OF ALL DIRECTORS AND VICE PRESIDENTS IS REDUCED BY 15%

* BRP INC - PRESIDENT AND CEO, JOSÉ BOISJOLI, HAS DECIDED TO FORGO HIS SALARY UNTIL END OF FISCAL YEAR

* BRP INC - IMPLEMENTING GLOBAL HIRING FREEZE

* BRP INC - IMPLEMENTING SELECTED PERMANENT LAYOFFS

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