Brief: Vista Alegre Implements New Layoff Measures And Extends Activity Stoppage

VAA Vista Alegre Atlantis SGPS SA

10/04/2020 06:42

April 10 (Reuters) - VAA Vista Alegre Atlantis SGPS SA
 VAF.LS :  
    * SAID ON THURSDAY TO EXTEND TEMPORARY SUSPENSION OF ITS
COMMERCIAL ACTIVITIES ACROSS THE RETAIL NETWORK IN PORTUGAL AND
ABROAD (EXCEPT ONLINE SALES)  urn:newsml:reuters.com:*:nFWN2BD1CP
    * SEVERAL VAA SUBSIDIARIES DECIDED TO IMPLEMENT SIMPLIFIED
LAYOFF
MEASURES, INCLUDING: 
    * TEMPORARY SUSPENSION OF EMPLOYMENT FOR 38.16% OF WORKERS
AT
VISTA ALEGRE AND ATLANTIS IN ILHAVO AND ALCOBAÇA UNTIL APRIL 30
    * TEMPORARY SUSPENSION OF EMPLOYMENT FOR 21.09% OF WORKERS
AT
BORDALO PINHEIRO UNIT IN CALDAS DA RAINHA UNTIL MAY 8
    * REMAINDER OF STAFF AT THESE PRODUCTION UNITS TO RESUME
WORK
EITHER FULL-TIME WORK OR WITH TEMPORARY REDUCTION OF NORMAL
WEEKLY WORKING HOURS
    * TEMPORARY SUSPENSION OF ALMOST ALL OF EMPLOYMENT CONTRACTS
FOR
WORKERS AT THE RIA STONE STONEWARE TABLEWARE PRODUCTION UNIT
UNTIL MAY 4
    * CO SAID PRODUCTION UNITS OF CERUTIL AND CEREXPORT IN VISEU
AND
AVEIRO IN THE OVENWARE SEGMENT TO FULLY RESUME ACTIVITY AS OF
APRIL 13
    * VAA IS REINFORCING DISTRIBUTION THROUGH PARTNERSHIPS AND
ONLINE
DEVELOPMENT, RATIONALISING PLANNED INVESTMENTS FOR 2020, AND
CONTAINMENT AND REDUCTION OF COSTS

    
 Source text: https://bit.ly/2yPKGkK
 Further company coverage:  VAF.LS  
   
    
    

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