At the listed company Catering company Do & Co has already sent 650 short-time employees and 150 have been given notice. The company also has one on Friday evening Profit warning for the current Business year published.
“Given the massive reduction in global flight offerings due to the ongoing COVID-19 pandemic, and the government’s restrictions and bans on events and restaurant operations, analysts’s revenue and earnings expectations for the April 1, Business year 2020/2021 will not be achieved, “it said in a statement.
Extensive savings package
In order to maintain operations, the board of directors “has decided on a comprehensive package of measures to save personnel and material costs that is already being implemented”.