CarMax to furlough 15,500, slash exec pay, other costs

The furloughs are effective April 18, and CarMax CEO Bill Nash is forgoing 50 percent of his salary as the used-car retailer moves to preserve cash. About half of the company’s 217 U.S. stores are ether closed or operating on a limited basis.

source https://www.autonews.com/used-cars/carmax-furlough-15500-slash-exec-pay-other-costs