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BRIEF-Reliance Worldwide Corp Says Completed Move To Place Over 40% Of UK Workforce On Furlough

Published 06/04/2020, 11:36 am
Updated 06/04/2020, 11:42 am
© Reuters.
RWC
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April 6 (Reuters) - Reliance Worldwide Corporation Ltd RWC.AX :

* UPDATES ON CO'S OPERATIONS IN RESPONSE TO COVID IMPACT

* COMPLETED MOVE TO PLACE IN EXCESS OF 40% OF UK WORKFORCE ON FURLOUGH

* EXPECT CONTINUED VARIABILITY IN DEMAND OVER COMING MONTHS

* WILL ADJUST PRODUCTION AND STAFFING LEVELS UP OR DOWN AS NECESSARY IN ALL REGIONS

* EXPECT ACTION SHOULD ENTITLE STAFF TO SALARY SUPPORT BY UK GOVERNMENT

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