Clothing & Shoes
Burberry pays CEO £2.6m amid turnaround and widespread job cuts
The company’s cost-cutting strategy came after it posted an annual loss of £66m, down from a profit of £383m a year before, as a result of the slowdown in the luxury goods market
Burberry has revealed that it has paid new CEO Joshua Schulman almost £2.6m in his first nine months in charge despite widespread job cuts at the company.
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