In a press statement released on 02 April, French food services and facilities management company Sodexo announced, ‘Despite all our efforts, we know that this once-in-a-lifetime crisis currently confronting us will regrettably mean lay-offs for some of our on-site staff in some countries, while strictly adhering to local employment legislation. As a result, we have decided to establish a global Sodexo Employee Relief Program to help on-site staff, who face layoffs.’ The global program will be administered locally according to the specific needs of each country and support action provided will depend on various factors, including in particular the existence or not of government social protection programs. Financing for the program of €30 million will primarily come from the group’s senior executives.a
The program is aimed at supporting colleagues working on sites that are the most vulnerable and affected by the suspension of business in terms of job losses (i.e. those facing job losses and are without income resources or only very low social welfare cover).
The program will be funded by senior executives and the company as follows:
- Sodexo Chairwoman of the Board of Directors Sophie Bellon will waive 50% of her remuneration over the coming 6 months,
- Group CEO Denis Machuel will waive 50%...
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