“Application to use public money to support staff is withdrawn following criticism.
Victoria Beckham has reversed a decision to furlough 30 staff at her fashion label and said that her team’s welfare “means everything to me” after the decision to apply for public money drew heavy criticism.
Following a change of heart by the designer and her board, the application to the government scheme has been withdrawn and all employees concerned restored to their roles.
“We will not now be drawing on the government furlough scheme,” Beckham told the Guardian. “At the beginning of the lockdown the shareholders agreed with senior management to furlough a small proportion of staff. At that point we didn’t know how long the lockdown might last or its likely impact on the business. The welfare of my team and our business means everything to me.”
After going into lockdown “overnight”, the company “made decisions as best we could to try and protect our staff”, according to a spokesperson. “We’ve now reconsidered and we accept there’s a better way forward for our business. These are tough times and tough decisions and we don’t always get it right – all we can say is we are trying to protect our business and our staff.”” – The Guardian
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