New York-listed gambling technology and lottery systems provider IGT Plc has revealed a series of drastic measures to protect its US business assets and workforce.
Robert Vincent, Chairman of IGT’s North American ‘Global Solutions’ unit, yesterday issued a personal statement underlining a new US corporate contingency directive designed to mitigate COVID-19 disruptions.
Detailing that the COVID-19 pandemic had impacted all of IGT’s active US markets, the technology group has been forced to implement an eight-week ‘temporary furlough program’ effective from 6 April.
“Our priority is to protect the health of people, while we take responsible actions to serve our customers and stakeholders,” said Vincent. “We are taking specific actions to bring our operations in line with customer and player demand.”
As a result, IGT will place approximately 2,300 staff under furlough for eight-weeks. Vincent also confirmed that senior IGT leaders have agreed to ‘base salary reductions’, while adding that all North American employees will continue to receive health and welfare benefits.
He said: “We will continue to work diligently to support the welfare of our people with a focus on our industry’s short-term sustainability and longer-term success.”