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CTL

CenturyLink

$8.61 /

-0.49 (-5.38%)

14:32
03/23/20
03/23
14:32
03/23/20
14:32

CenturyLink says approximately 75% of global workforce working from home

CenturyLink announced that it "is taking an immediate, aggressive, and industry-leading approach to ensure the safety, financial health, and well-being of its employees." Currently, approximately 75% of CenturyLink's global employee population, outside of some of our critical field and customer-facing positions, are working from home. For the next 60 days, CenturyLink will provide up to 80 hours of emergency, excused, paid time off, or PTO, to all U.S. employees. This is in addition to current allotments of paid time off, sick leave, or other company-provided paid and unpaid leave. "This voluntary move goes beyond the recently enacted 'Families First Coronavirus Response Act,' since it does not require larger companies like CenturyLink to comply," the company said. Also, CenturyLink is also voluntarily providing 75 hours of emergency PTO to employees in Canada. Effective immediately, the company is also waiving the one-year waiting requirement for all current U.S.-based employees, meaning all U.S. employees are provided with short-term disability coverage.

CTL CenturyLink
$8.61 /

-0.49 (-5.38%)

03/16/20 Raymond James
CenturyLink downgraded to Underperform from Market Perform at Raymond James
03/16/20 Raymond James
CenturyLink downgraded to Underperform from Market Perform at Raymond James
02/20/20
Fly Intel: Top five analyst downgrades
02/20/20 BofA
CenturyLink downgraded to Underperform from Neutral at BofA

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