Europe Is Subsidizing Millions of Paychecks. Companies Want to Keep It That Way, for Now.

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Europe Is Subsidizing Millions of Paychecks. Companies Want to Keep It That Way, for Now.
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Europe’s strategy of placing tens of millions of workers on paid leave has stemmed job losses, but governments are now grappling with how to wean firms and employees off the support

The programs were originally intended as a stopgap. European companies idled workers instead of firing them, using billions in state subsidies to cover their payrolls until they were ready to reopen for business.

Now that governments have lifted their lockdowns,...
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