In the light of the COVID-19 pandemic, Hexagon has initiated measures to accelerate operational efficiencies to support its long-term financial objectives. In the short-term, Hexagon has implemented various actions that include shorter work weeks, furloughs and reductions in discretionary spending. As a long-term measure, a company-wide cost savings programme has been initiated which includes structural changes – from reallocating resources to new business opportunities to optimising office locations worldwide – and work force reductions that reflect more enduring changes in market
