Q26 – Why is Mercury reducing work hours from 40 to 32 hours per week?

The reduction in scheduled hours is in coordination with some of our key customers and is based on lower demand from their customers.  When the pandemic first started, many customers ordered extra materials because they expected there to be shortages.  (A bit like hoarding toilet paper!) 

As a result, some customers have more than they need right now so they expect to be ordering at lower volumes for a few weeks.  Mercury will continue to coordinate with our customers and will make adjustments as needed.