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Foster & Partners is first major architect to announce the covid-related measures
Foster & Partners has become the first major architect to admit it is furloughing staff and introducing pay cuts throughout the company.
The country’s second-biggest architect, which currently has just over 1,400 staff, said it had begun to furlough staff as well as ask everyone to take a 20% cut in their salary.
The practice shelled out more than £80m in wages and salaries in the year to April 2019 and Fosters’ managing partner Matthew Streets said: “We have asked all our staff worldwide to take a temporary pay cut of 20% for three months, with a minimum protected salary of £25,000.”
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