EU exec offers shorter work hours to avoid layoffs!
News by Editorial Team 02 Apr 2020
In a recent development related to coronavirus, EU exec on Wednesday offered a wage-subsidy scheme to encourage employers to cut workers’ hours instead of cutting their jobs amid the coronavirus pandemic. According to EU exec, it is a plan that could be worth 100 billion euros in burrowing guaranteed by all EU countries. The proposal may find favor in countries like Italy, Spain, and France among others and may face opposition from countries like Germany, the Netherlands, Finland, and Austria.