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- Health & Safety of employees and business continuity for clients top priorities
- Intense focus on working capital and liquidity management
“Our top priority continues to be the health and safety of our employees and we’ve implemented key measures to maximize our operations and efficiency in response to the COVID-19 pandemic,” said
We would like to thank our employees, customers and partners for staying focused during these testing times and for their continued collaboration. Startek’s
Key measures implemented:
- With People-first objective, measures undertaken to enable safe work environment at all our campuses
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Virtual command centre activated under
Rajiv Ahuja , President & Global COO, to enable real time monitoring of business continuity across geographies - Rapid implementation of work-from-home for business processes, with client approvals and in compliance with the regulations
- Monitoring working capital and cash flows to maintain adequate liquidity
- Cutting all non-essential spending and capital expenditures
- Continuing discussions with lenders to restructure debt
As recently announced,
About Startek
Startek is a leading global provider of technology-enabled business process outsourcing solutions. The company provides omni-channel customer experience management, back office and technology services to corporations around the world across a range of industries. The company has more than 47,000 outsourcing experts across 49 delivery campuses worldwide that are committed to delivering transformative customer experience for clients. Services include omni-channel customer care, customer acquisition, order processing, technical support, receivables management and analytics through automation, voice, chat, email, social media and IVR, resulting in superior business results for its clients. To learn more about Startek’s global solutions, please visit www.startek.com.
Forward-Looking Statements
The matters regarding the future discussed in this news release include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are intended to be identified in this document by the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “objective,” “outlook,” “plan,” “project,” “possible,” “potential,” “should” and similar expressions. As described below, such statements are subject to a number of risks and uncertainties that could cause Startek's actual results to differ materially from those expressed or implied by any such forward-looking statements. Readers are encouraged to review risk factors and all other disclosures appearing in the Company's Form 10-K for the fiscal year ended
View source version on businesswire.com: https://www.businesswire.com/news/home/20200406005756/en/
Ankul Agarwal
Investor Relations
+91 98192 81998
Ankul.Agarwal@startek.com
Gateway Investor Relations
(949) 574-3860
investor@startek.com
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