COVID-19 pandemic: Umicore furloughs 10% employees; expects significant impact on FY 2020 results


Company to delay certain investments and expects capital expenditures for 2020 to be well below the levels of 2019

In a press release dated 30 April, Umicore announced that it has furloughed 10% of its workforce to mitigate impact of COVID-19 pandemic.

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