Polaris says implementing hiring freeze on exempt and nonexempt positions due to covid-19

Polaris takes additional measures to address covid-19 impact.polaris inc - implementing hiring freeze on exempt and nonexempt positions due to covid-19.polaris inc - furloughing most exempt and non-exempt polaris employees for two weeks in q2.polaris inc - chairman and ceo, scott wine, will forgo his salary for remainder of 2020.polaris inc - elected to draw down an incremental $150 million under its current revolving credit facility.polaris inc - as of march 31, polaris has more than $420 million in cash-on-hand to help weather current covid-19 crisis.polaris inc - reviewing all operating expenses, postponing non-essential capital expenditures, and suspending share repurchases.polaris inc - production will restart this week on select manufacturing lines for products with adequate demand and supply chain coverage.
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