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Stock impact report

Shaw Communications Announces Temporary Changes in Response to COVID-19 Pandemic

Shaw Communications Inc. (SJR) 
Last shaw communications inc. earnings: 4/9 04:30 pm Check Earnings Report
US:NYSE Investor Relations: shaw.ca/corporate/investors
Company Research Source: GlobeNewswire
CALGARY, Alberta, April 14, 2020 (GLOBE NEWSWIRE) -- Shaw Communications Inc. today announced that the extraordinary and unpredictable conditions created by the COVID-19 pandemic have resulted in the difficult decision to temporarily lay off approximately 10 per cent of its workforce, largely working in retail and sales roles across the company. “Government leaders across the country have taken significant and necessary steps to ensure the health and safety of Canadians and to limit the spread of the virus. These measures have resulted in dramatic shortages or stoppages of work in specific areas of our business where we have had to make the hard decisions being announced today,” said Paul McAleese, President, Shaw. “We value the hard work and expertise of all our employees in helping deliver connectivity to our customers across the country. Unfortunately, these changes are necessary until our business activities resume to more normal levels. “With our gratitude, we will be providi Show less Read more
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