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Super Bock Group to lay off 10% of workers over coronavirus money struggles

61super bockThe Super Bock Group, which employs over 1500 people throughout Portugal, has announced today its decision to reduce its workforce by 10%, due to the economic impact of the COVID-19 pandemic, in a statement without specifying the exact number of people set to lose their jobs.

The “significant reduction in the activity of the Super Bock Group caused by the effect of the COVID-19 pandemic, as well as the recession scenario expected in the near future, has forced the company to readjust its structure to defend and protect the sustainability of the group”, reads the statement.

The same statement states that the stoppage and current constraints of the HoReCa channel (hotels, restaurants and café industry), which “represents about 70% of the refreshing drinks market in Portugal” will “extend and continue to have a significant impact on the performance of the Super Bock Group”.

“This difficult decision implies a readjustment that will affect about 10% of the workforce in different areas of the organization”, being “taken in the face of an exceptional situation and was announced, this afternoon, to the Workers’ Committee and to all the employees of the group in a process that will start this June “, said the company.

The group says it is committed “to implement compensation solutions for the impact of this measure, having constituted a support program that includes conditions above the legal framework, as well as an outplacement and training program focused on employability”. “The current reality is complex and unprecedented and, in an increasingly volatile world, the priority of the Super Bock Group is, and will always be, the sustainability of the company, continuously adapting its structure to the current and future needs of the business”, the group said.