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April 7, 2020By Michael Cader

Corporate: In the UK Furlough Is A Gentler Word, WH Smith Reports Deep Declines, Amazon’s Expanded Focus Includes Children’s Books

April 7, 2020By Michael Cader

Hachette UK and Bonnier Books UK are furloughing approximately 10 percent of their staff, the Bookseller reports, and Penguin Random House UK will do the same with an unspecified percentage of their workforce, but furlough is a gentler process in the UK than it is in the US. For Britains, furlough means a temporary layoff under which the government covers 80 percent of wages through the end of May. All three publishers have said they have elected to “top up” the salaries of furloughed employees, so that they will receive full wages. In the US, a furlough means a temporary […]

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Filed Under: Crisis reference, International News

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