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HomeNewsTurkey Bans Layoffs, Provides Wage Help In Quake-Hit Cities

Turkey Bans Layoffs, Provides Wage Help In Quake-Hit Cities

Turkey Bans Layoffs, Provides Wage Help In Quake-Hit Cities

Turkey Bans Layoffs, Provides Wage Help In Quake-Hit Cities

A ban on layoffs was additionally launched in 10 earthquake-hit provinces in Turkey (File)

Ankara:

Turkey launched a short lived wage assist scheme and banned layoffs in 10 cities on Wednesday to guard employees and companies from the monetary affect of the huge earthquakes that hit the south of the nation earlier this month.

The strikes are a part of the Turkish authorities’s steps to minimise the financial affect of Turkey’s worst earthquake in fashionable historical past that left tens of 1000’s lifeless.

Employers whose workplaces had been “closely or reasonably broken” would profit from assist to partially cowl wages of employees whose hours had been minimize, the nation’s Official Gazette stated on Wednesday.

A ban on layoffs was additionally launched in 10 earthquake-hit provinces coated by a state of emergency.

Turkish Parliament imposed the state of emergency for 3 months on Feb. 7, after a request by President Tayyip Erdogan.

The federal government additionally supplied wage assist and imposed a layoff ban in 2020 in an try and mitigate the financial blow from COVID-19.

Enterprise teams and economists have stated the earthquake might value Ankara as much as $100 billion to rebuild housing and infrastructure, and shave one to 2 proportion factors off financial progress this 12 months.

(Apart from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)

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