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

CarMax to furlough 15,500, slash exec pay, other costs https://ift.tt/2y08aTI 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.