- Regis (NYSE:RGS) has temporarily closed all of its corporate-owned salons for a period of at least two weeks, effective immediately.
- The company furlough the majority of its workforce, representing approximately 485 positions across its corporate office, field support and distribution centers.
- 60% wage reduction for the CEO, Board to waive its fees, 30% reduction for vice presidents and above and 20% for substantially all other employees who will be working full time.
- Source: Press Release
Regis temporarily closes stores, furlough employees
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Symbol | Last Price | % Chg |
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Regis Corporation |