Labor Minister Valeriano Gomez wants to ask businesses that cut staffing via early retirement to bear the cost of unemployment benefits, usually covered by public institutions. The government’s goal is to force large businesses making profit to bear the cost of these leaves for employees over 52 who won’t easily find a new job. For the Ministry, the starting point is applying the measure for early retirement as of 52 years old. The idea of penalizing early retirement was often mentioned, but implementation problems daunted the lawmaker. This time, the bill is made public as the former public monopoly, Telefónica, announced that it intended to cut staffing by 20% and encourage about 6,400 people to retire early in the next three years.
Ministry, the starting point is applying the measure for early retirement as of 52 years old. The idea of penalizing early retirement was often mentioned, but implementation problems daunted the lawmaker. This time, the bill is made public as the former public monopoly, Telefónica, announced that it intended to cut staffing by 20% and encourage about 6,400 people to retire early in the next three years.
Apply the future law for Telefónica. The Ministry of Labor wants to quicken the enforcemen
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