April 3 (Renewables Now) - Swiss solar technology company Meyer Burger Technology (SWX:MBTN) said on Thursday that personnel at two of its factories at home will work on a reduced time schedule due to the COVID-19 virus crisis.
The move is aimed at cutting personnel costs amid efforts to manage with the disruptions caused by the pandemic. The Swiss firm explained that the temporary shutdown of production facilities and different restriction measures undertaken to limit the spread of the coronavirus has impacted its own activities, as well.
The reduction of working hours at the two sites in Thun and Hauterive will be effective from April, 6. Meyer Burger’s employees in Hohenstein-Ernstthal, Germany, have been working on reduced schedules since March 16.
In line with the efforts to curb the effects of the pandemic, Meyer Burger’s board of directors will give up 15% of their board remuneration and salaries during the period of the crisis “as a sign of solidarity.”