Quest diagnostics inc is dismissing temporary, contract workers

Quest diagnostics inc - issued letter from stephen rusckowski, company's chairman, president and chief executive officer.quest diagnostics inc - approving furloughs for employees with diminished work who have indicated interest to be at home.quest diagnostics inc - continues to provide employee benefits and cover employee contributions.quest diagnostics inc - reducing hours for non-exempt employees where possible and necessary.quest diagnostics inc - reducing overtime; freezing virtually all hiring and promotions.quest diagnostics inc - dismissing temporary and contract workers.quest diagnostics inc - to date quest has performed nearly 800,000 covid-19 tests, or about 40% of all testing by commercial labs..quest diagnostics inc - ceo's base pay will be reduced by 25% for next 12 weeks.quest diagnostics inc - each member of board will forgo 25% of their cash compensation over next 12 weeks.quest diagnostics inc - quest exempt employees also will take a temporary pay cut for 12 weeks.
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