March 27, 2020, Montreal, Que. – Molson Coors Beverage Company has announced several initiatives aimed at protecting and supporting employees – including requiring employees to work from home if they are able, creating a new voluntary paid leave program, thank-you pay incentive and paid leave policy, and implementing additional measures to protect its employees who are still working on site.
The company also announced that it is withdrawing, in its entirety, its financial outlook for 2020 and beyond that was previously provided on Feb. 12, 2020, due to uncertainty regarding the impact of the COVID-19 pandemic.
Molson Coors president and chief executive officer Gavin Hattersley said, “These are challenging times for the world and our company, and our priority is to ensure the safety of our people and the stability of our business. I’m proud of how resilient our people have been during this time, including the people who brew, package and ship our quality beers and keep our breweries and business running. I can’t thank them enough. I am also proud of how our teams are stepping up to take care of our communities who need our help more than ever.”
Over the past weeks, the company has rolled out a number of actions to help ensure the health and safety of its people. The actions include:
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