Victoria Beckham has now reportedly withdrawn her application to furlough 30 staff at her fashion label after facing criticism for the decision. Employees had been told that 30 out of the 120 staff would be furloughed for two months, at least.
The initial decision to furlough staff drew large criticism, understandably. As Victoria Beckham’s net worth is estimated to be in the region of £335m.
“We will not now be drawing on the government furlough scheme. 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.” – Victoria Beckham
