"Big four" accountancy firm Deloitte has scrapped its summer internship scheme for students as it looks to cut costs during the coronavirus crisis.
Candidates will be handed a £500 "goodwill payment", which is a sixth of the amount some would have earned over the summer.
Instead, the 350 university students who were offered a place on the scheme will be able to join an online training programme.
Deloitte said safety was its priority.