AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
Technology Print 2020-03-30

Bouygues Telecom to put 20 percent of staff on partial unemployment

France's Bouygues Telecom said on Sunday about 20% of its workforce would be temporarily laid off during the coronavirus crisis and receive compensation for 15 days. France has launched a package of measures to cushion the economic blow dealt by the coron
Published 30 Mar, 2020 12:00am

France's Bouygues Telecom said on Sunday about 20% of its workforce would be temporarily laid off during the coronavirus crisis and receive compensation for 15 days. France has launched a package of measures to cushion the economic blow dealt by the coronavirus outbreak, including payments to companies that keep workers on their payroll even if they are not working.
Some unionised workers have criticised financially solid listed companies for seeking to take advantage of state aid when there are smaller firms in greater need of support.
"The partial unemployment scheme is there to deal with the situation when economic activity stops, whatever a company's size," Bouygues deputy CEO Didier Casas told Reuters, defending the company's plan.
He said numbers had been kept to a minimum but that it was impossible, for example, to keep stores open in shopping malls that had been closed down. Casas dismissed remarks by the CFDT union that the company had reversed a decision to temporarily lay off 800 call centre staff and client advisers after coming under union pressure.
He said Bouygues Telecom put those particular employees under temporary unemployment while it bought equipment that would allow them to work from home, and had acted in accordance with government orders. "We took that decision to protect them," Casas said.
The government's emergency measures to help keep companies afloat are worth 45 billion euros ($49 billion), or 2% of GDP. Under the partial unemployment scheme, a firm pays an employee 84% of their salary, which the state then reimburses.
Labour Minister Muriel Penicaud on Sunday said nearly 220,000 companies had asked the government to reimburse them for putting 2.2 million workers on shorter or zero hours since the coronavirus outbreak.
Casas said that for a 15-day period, Bouygues would make up the difference between an employee's salary and the state's contribution. In return for that and for keeping the temporary layoffs to a minimum, employees would have to take a week's paid leave during the crisis, he added.

Copyright Reuters, 2020

Comments

Comments are closed.