Companies with 75% drop in turnover can get additional social security support

in News · 02-08-2020 14:00:00 · 0 Comments

Companies with a drop in turnover of 75% or more will have additional support from Social Security.

The support, which follows the regime of the simplified ‘lay-off’, that ends this month, does not foresee the suspension of employment contracts, but only the reduction of working hours. The simplified lay-off is maintained only for companies closed by government decision or for those that have not yet reached the limit of three monthly extensions.


Comments:

Be the first to comment on this article
Interactive Topics, send us your comments/opinion on this article.

Please note that The Portugal News may use selected comments in the printed edition of the newspaper.