May 1 (Reuters) - Reliance Worldwide Corporation Ltd RWC.AX :
* IN AUSTRALIA, TO SCALE BACK MANUFACTURING OPERATIONS FROM 5 TO 4 DAYS A WEEK, FROM WEEK OF 11 MAY
* DISESTABLISHMENT OF ABOUT 20 PERMANENT ROLES ACROSS RWC'S US OPERATIONS
* CEO & EXECUTIVE TEAM MEMBERS HAVE AGREED TO A TEMPORARY 20% REDUCTION IN BASE SALARIES FOR AN INITIAL TWO-MONTH PERIOD
* NON-EXECUTIVE DIRECTORS HAVE AGREED TO A TEMPORARY 20% REDUCTION IN FEES FOR INITIAL TWO-MONTH PERIOD