News: OML Ooh!Media Says Reduced Costs By Asking All Staff To Agree To A 20% Reduction In Salary...

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    June 4 (Reuters) - Ooh!Media Ltd (OML) :

    • REDUCED COSTS BY ASKING ALL STAFF TO AGREE TO A 20% REDUCTION IN SALARY FOR 3 MONTHS
    • BOARD DETERMINED IT BEST FOR BRENDON COOK TO REMAIN AS CEO AT LEAST UNTIL END OF YEAR
    • ASKED PEOPLE TO VOLUNTEER TO WORK 4- DAY WEEK FOR 3 MONTH PERIOD
 
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Last
$1.56
Change
-0.045(2.80%)
Mkt cap ! $840.4M
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