Kelly suspends quarterly dividend and withdraws full-year guidance

Kelly® responds to covid-19 crisis; arranges virtual 2020 stockholder meeting; announces first quarter conference call; withdraws full-year guidance.kelly services inc - suspending quarterly dividend and withdrawing full-year guidance until business conditions improve.kelly services inc - 10% pay cut for full-time salaried employees in u.s., puerto rico and canada.kelly services inc - board has indicated they will take formal action to reduce director compensation at its next scheduled meeting in may.kelly services inc - board also supported a draw-down from kelly's credit facility.kelly services - reduced compensation of 10% or more for senior leaders.kelly services - temporary furloughing and/or redeployment of some employees until business conditions improve.
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