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| Labor Minister Fátima Báñez |
SPAIN (El País / Andrew Sim) The Cabinet on Friday approved what Labor Minister Fátima Báñez termed an “historic” reform of the labor market that makes it cheaper and easier for companies to sack workers. Workers on permanent contracts currently entitled to 45 days’ wages for every year in service up to a maximum of 42 months in cases of unfair dismissal will now see their compensation reduced to 33 days per year up to a maximum of two years’ salary. The most worrying aspect for the labor unions is that employers can now cite so-called objective clauses such as falling sales to justify laying off workers with a severance payment of 20 days per year of service up to a maximum of 12 months. “The objective of the government is>>>
