Telefónica will pay 1.2 billion in compensation to former employees this year
Telefónica is set to disburse approximately 1.2 billion euros in compensation to former employees in 2023 amid ongoing negotiations to avoid forced layoffs.
All the details of the Labor Assistance Fund
The Labor Assistance Fund (FAL) is a key component of the labor reform approved by the Argentine Chamber of Deputies, intended to finance dismissal indemnities, though critics argue it undermines the pension system.
Dino expands decision on fringe benefits and prohibits new laws with remuneration exceeding the constitutional ceiling
Minister Flávio Dino of the Supreme Federal Court of Brazil has prohibited the enactment of new laws allowing salaries or indemnities that surpass the constitutional ceiling.
The Court of Appeal Rejects Auchan's Social Plan
The Douai Court of Appeal upheld a previous ruling invalidating Auchan's controversial social plan, which may lead to employee compensations as the retailer plans to challenge the decision in the Council of State.