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One-third of employers plan to cut stuff due to coronavirus crisis

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No more than 8% of Bulgarian employers would benefit from the measure in support of businesses for the period of the COVID-19 crisis, providing for the payment of salaries in the ratio of 60/40, respectively by the state and the entrepreneur. 44% of these businesses have a staff of up to 10 people. This is indicated by a quick online survey conducted in the period March 31 - April 1, 2020 by the Bulgarian Industrial Association. 

33% of the surveyed employers plan to partially cut staff due to the economic crisis caused by COVID-19, 21% of employers plan to put all their staff on leave, and 10% - to temporarily reduce wages. According to data made public by Minister of Labour and Social Policy Denitsa Sacheva, an average of almost 2,500 people are left out of a job every day since the start of the pandemic in Bulgaria. 




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