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Burberry directors take 20% pay cut and 'won't use furlough scheme'

By Rupert Neate

Money will be donated to help struggling communities during coronavirus

Burberry has announced a temporary 20% cut to directors’ pay and said it will not rely on the government’s coronavirus job retention scheme for employees unable to work during the Covid-19 crisis.

Epidemics of infectious diseases behave in different ways but the 1918 influenza pandemic that killed more than 50 million people is regarded as a key example of a pandemic that occurred in multiple waves, with the latter more severe than the first. It has been replicated – albeit more mildly – in subsequent flu pandemics.

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Via:: https://www.theguardian.com/business/2020/apr/24/burberry-directors-take-20-pay-cut-and-wont-use-furlough-scheme