Edition:
India

Lydall - More Than 500 U.S. Employees Will Be Laid Off


Saturday, 21 Mar 2020 

March 20 (Reuters) - Lydall Inc ::LYDALL PROVIDES COVID-19-RELATED BUSINESS UPDATE ANNOUNCES RAMP-DOWN OF ITS AUTOMOTIVE FACILITIES.LYDALL INC - MORE THAN 500 U.S. EMPLOYEES WILL BE LAID OFF AND NEARLY 500 EMPLOYEES IN EUROPE HAVE BEEN ASKED TO STAY HOME.LYDALL INC - HAVE DRAWN $20 MILLION ON OUR EXISTING CREDIT FACILITY. 

Company Quote

25.41
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23 Nov 2020