British Cycling say they will furlough third of staff with leadership team taking pay cut
British Cycling has announced it will place one third of its staff on furlough to try to deal with the financial implications of the coronavirus crisis.
Members of the sport’s governing body’s leadership team will be subject to a 10 per cent pay cut for at least the next two months.
British Cycling chief executive Julie Harrington said: “At this stage, 90 roles – around a third of the workforce – will be furloughed, the majority in April and some in May.
“Other steps we are taking to manage the impact on our revenue include a 10 per cent pay cut in May and June for myself and members of my leadership team.”
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Harrington stressed the organisation’s desire to bring back its furloughed employees once the magnitude of the pandemic has abated.
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