Leidos says coronavirus lowered quarterly sales by about $50 million

摘要

Leidos said the ongoing coronavirus outbreak reduced the company's sales during its most recent quarter by about $50 million. During a call with analysts this morning, Roger Krone, Leidos' chief executive, said the contractor has taken a number of steps to cope with the crisis. The company's board of directors has reduced its pay, which is being donated — along with Krone's salary during the pandemic ～ to the Leidos Relief Foundation to support affected company employees. Leidos has reduced discretionary spending, put in place a hiring freeze for non-essential positions and furloughed some workers in what Krone described as "minor areas" that have experienced "reduced business volumes."