FILE PHOTO: Sir Richard Branson stands on the floor of the New York Stock Exchange ahead of the start of trading in Virgin Galactic in New York, Oct. 28, 2019. REUTERS/Brendan McDermid/File Photo
- British entrepreneur Richard Branson said on Sunday companies in his Virgin empire will be investing $250 million in coming weeks and months to save jobs from the impact of the coronavirus outbreak. “Because many of our businesses are in industries like travel, leisure and wellness, they are in a massive battle to survive and save jobs”, Branson wrote in a blog. He didn’t say if the $250 million just represented salaries of furloughed staff.
“Our airlines have had to ground almost all their planes; our cruise line has had to postpone its launch; our health clubs and hotels have had to close their doors and all bookings to our holiday company have stopped”, he added.Branson had told Reuters late last month that the new Virgin cruise line would overcome coronavirus fears, but the outbreak has since spread to more places and has jolted markets and industries across the world.
Branson - one of Britain’s best-known businessmen who launched his career in the 1970s in records before expanding into airlines, banking, TV, healthclubs and space - described the crisis as the “most significant” during his lifetime.
Good man
Didn't they ask for a bail out on their airlines? What the fuck Chuck?
Nobody parties like Richard Branson and NXIVM sex traffickers
Yes!!!. Millionaires & billionaires let do this $$$$$$$$💯
Pay your taxes
An appeal to UN and all world leaders; Please conduct an emergency meeting via teleconference to address the COVID-19 crisis. You can all agree to simultaneously shutdown or lockdown the whole world for 15 days. But before that ensure that poor people are secure with supplies.
Atta boy
💥💥💥😁THANK YOU SIR BRANSON!!! 💥💥
Change of heart from richardbranson ...no repreive from me, until you pay your staff full sick pay they deserve
Save lives before you save jobs
Hope he's not billing the UK government for 80% wages after he showed his loyalty to his staff. He shafted them
right on
TERRIBLE that Tokyo Japan is NOT CANCELLING/POSTPONING the Olympics!!! EVEN IF coronavirus is over by July which it probably won’t b the athletes worldwide ARE quarantined SocialDistancing like all of us &CANNOT TRAIN!! COVID19 Olympics2020
Thank you!
MASKS FOR EVERYONE! coronavirus masks4everyone masksforeveryone
Trying to rescue his PR disaster....
chump change to that billionaire