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”Earlier efforts:The Sydney-headquartered firm reportedly furthermore stated that these ‘significant workforce changes’ are due to go into effect from Friday but that it had already cut all ‘discretionary, consultant and contractor spend in line with revised priorities’ so as to help ‘mitigate the impacts’ of the coronavirus-related slowdown.Ambiguous estimate:As to when it believes the global land-based casino market will eventually start to improve and Aristocrat Leisure Limited reportedly pronounced that any timetable would be ‘highly uncertain’ but that it envisions ‘venue re-openings will take place on a phased basis’ as consumer confidence improves and governments begin to ease ‘social distancing and travel limitations.Australian gaming machine innovator Aristocrat Leisure Limited has reportedly blamed ‘softer demand’ due to the ongoing coronavirus pandemic for its decision to furlough approximately one-quarter of its global workforce until the end of June....

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’Aristocrat’s filing reportedly read…“Aristocrat Leisure Limited continues to implement a comprehensive coronavirus response, focused on protecting its strategic advantages and positioning the land-based business to respond quickly as demand returns. These changes, and other prudent steps we are taking as part of our coronavirus response, will deliver important operational and financial flexibility, focus and efficiency through this period of uncertainty. It purportedly furthermore asserted that its bal...

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