Starkey Hearing Technologies released the below statement regarding its decision to furlough a percentage of its global workforce.
“As a global healthcare company serving hearing professionals in more than 100 countries, Starkey understands all too well the impact COVID-19 has had on the economy and communities around the world.
“Starkey was healthy and strong entering this global health pandemic. Due to the negative impact on the industry and our customers, we are right-sizing operations until the recovery begins. As a result, we have made the difficult decision to furlough approximately 10% of our global workforce. We view these furloughs as temporary and will continue to provide health benefits to those impacted. CEO Bill Austin and I do not take lightly our responsibility to our employees, their families, and the people we serve. Effective immediately, Mr Austin and I will not be taking salaries. Executives and Vice Presidents are also voluntarily cutting their pay.
“This is a difficult time for everyone, but I am confident we are making the right decisions to ensure Starkey remains strong after this global crisis passes. We look forward to continuing to lead and innovate the hearing healthcare industry while fulfilling our mission of serving our customers better than anyone else.”
Brandon Sawalich, President, Starkey