of Furlough
Source: Webster's dictionaryAs of Friday, Reilly and his sister, Aileen, are furloughing two-thirds of their remaining staff, which is already down to around 40% of its pre-pandemic numbers. Source: Internet
But the Premier League strugglers added they would not be furloughing staff, with chief executive Christian Purslow saying: "Our players and staff feel great solidarity with the many clubs in the football pyramid who have financial problems. Source: Internet
Business leaders have said their practical questions must be answered to restart the economy - and whether the Government programme to pay the wages of workers under furloughing will be extended beyond the end of June. Source: Internet
Financial support for firms furloughing workers -officially called the Coronavirus Jobs Retention Scheme - was unveiled by Chancellor Rishi Sunak in March and launched the following month. Source: Internet
Gap has taken a string of measures to preserve its profitability and cash reserves, including reducing capital expenditures, suspending/delaying payments of dividends, and temporarily furloughing its employees. Source: Internet
His high street rival Sir Philip Green, 68, has faced criticism after furloughing 14,500 of the 16,000 staff employed across his Arcadia Group empire, which includes Topshop, Topman, Burton, Miss Selfridge and Dorothy Perkins. Source: Internet