Apogee enterprises provides business update

Apogee enterprises provides business update.apogee enterprises inc - 15 to 20 percent salary reductions for other business leaders.apogee enterprises inc - 25 percent reductions to ceo's salary and board of director fees.apogee enterprises inc - suspension of company matching contributions for 401k retirement plans.apogee enterprises inc - company-wide freeze on new salaried hires.apogee enterprises inc - furloughs or reduced hours for many manufacturing employees.apogee enterprises inc - suspending share repurchases.apogee enterprises inc - actions are expected to reduce fiscal 2021 costs by approximately $20 million.apogee enterprises inc - expects to realize approximately $40 million of total savings in fiscal 2021.
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