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Codere seeks government help as it plans Spanish layoffs

26th March 2020 10:56 am GMT
Codere

Madrid-listed gaming operator Codere plans to temporarily lay off up to 85 per cent of its workforce in Spain as it struggles to cope with the COVID-19 shutdown.

The complete closure of all non-essential public venues has brought Codere’s operations to a standstill, prompting it to apply for support from the Spanish government for an initial 1,071 employees that will temporarily lose their jobs.

Emergency measures introduced by the government allow businesses impacted by COVID-19 to temporarily suspend the employment [...]

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