Altisource portfolio solutions says anticipates reducing 2020 expenses, excluding outside goods and services by an estimated $45 to $50 mln

Altisource portfolio solutions sa - anticipates reducing its 2020 expenses, excluding outside goods and services by an estimated $45 to $50 million.altisource portfolio solutions sa - chairman and ceo agreed to forgo 40% of his base salary beginning april 1, 2020 through december 31, 2020.altisource portfolio solutions sa - reduced cash compensation to members of board of directors by 50% beginning april 1, 2020 through dec 31, 2020.altisource portfolio solutions sa - has plans to furlough or eliminate positions of 16% of workforce.altisource portfolio- withdrawing guidance with respect to revenue from customers other than ocwen financial corp and new residential investment corp.altisource portfolio - anticipates negative revenue impact and certain of cost savings measures related to covid-19 pandemic to be temporary.
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