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Stock impact report

Korn Ferry starts furloughs, job and pay cuts [Seeking Alpha]

Korn Ferry (KFY) 
Last korn ferry earnings: 3/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.kornferry.com
Company Research Source: Seeking Alpha
Korn Ferry starts furloughs, job and pay cutsApr. 24, 2020 6:45 PM ET|Korn Ferry (KFY)Jason AycockKorn Ferry (NYSE:filingIt initially expects pay cuts and furloughs to be effective through Aug. 31, it says; in mid- to late August it will re-evalute whether to continue them.The plan will cut annualized cost base by about $300M, it says, and will result in a pretax charge of $55M-$65M (about $40M-$45M in fiscal Q4 2020 and fiscal Q1 2021, with the rest between paid later).Click to subscribe to real-time analytics on KFYNow read:U.S. Steel to cut capacity at Mon Valley, likely elsewhere - Platts » Show less Read more
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