Effective April 1, 2020, 68 of our full-time salaried associates will be placed on temporary leave, receiving one week of paid leave and eight weeks of full benefits. Additionally, as of April 1, 2020, 82 of our full-time salaried associates will receive an indefinite salary reduction. Those associates not impacted by the temporary leave or salary reduction have employment contracts.
As relayed to our associates today, none of these decisions were reached without difficult and painful deliberations. These measures are intended to be temporary with associate employment and compensation returning once our business resumes to its normal state from this unprecedented stoppage.
