Hibernian players and senior staff have agreed to defer salaries by "between 20% and 50%" during the coronavirus shutdown.
The Easter Road club say they have reached "mutual agreement to furlough the majority of its people", including their first-team squad.
A core group of club staff will work from home to maintain operations.
"The club hopes taking this action will ease some of the cashflow pressure," said chief executive Leeann Dempster.
The Edinburgh club say all individual agreements are confidential, while more than 1,000 season tickets have been sold for the next campaign.
Hibs are the latest to join the job retention scheme set up so businesses can claim 80% of their employees' wages from the government, up to a maximum of £2,500 per person, per month before tax.
Announcing the decision to furlough, Dempster added that all staff have been "superbly supportive and committed through this whole issue".
Her statement added: "Senior staff and players have also agreed to defer a significant percentage of their income. This will help the club manage its finances through this difficult period.
"The chairman has said that the club will repay any shortfall in earnings over an agreed period once things return to normal."