translated from Spanish: Minister of Labour said that four IPSA companies have taken the Employment Protection Act

The Minister of Labour, María José Zaldívar, told the joint committee to discuss the amendments to the Law on the Protection of Employment, that only four companies that are part of the indicator of the main companies listed on the Santiago Stock Exchange (IPSA), have been bound by the regulations.
Companies include Cencosud, Ripley, Salfa and Viña Concha y Toro, said the Secretary of State, who said that “we were yesterday reviewing the first information we have regarding companies that have partnered, for example, being a relationship with companies that are within the IPSA and seeing who has distributed profits”.
Of these, Zaldívar said, Ripley and Salfa also distributed profits, but within the legal limit of 30%.
The minister said that “the numbers are so small, and the law has an impact intended for employment protection, that we believe that putting greater restrictions that may affect all companies for only one case that we have so far known, which is a case that we have all been outraged and have to take the appropriate measures , could ultimately be the very expensive remedy to this disease and could lead us not to be responding to workers who are being massively affected by the pandemic in terms of their sources of work.”



Original source in Spanish

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