PPP was intended to keep employees on the payroll. Workers at some big companies have yet to be rehired. - News Summed Up

PPP was intended to keep employees on the payroll. Workers at some big companies have yet to be rehired.


The company also has declined union requests to continue to pay health insurance for furloughed workers, union officials said. The added language said that big hotel and restaurant companies would be eligible as long as their individual locations had fewer than 500 employees. Now companies that make what the bill says are “good faith” efforts to bring employees back could have their loans forgiven. That hotel is closed and most employees have not received paychecks, workers said. Under the rules for the program, employers would be reimbursed for program money that was spent on employee benefits.


Source: Washington Post July 27, 2020 13:29 UTC



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