Fedeteur Survey: 53% of companies applied for COVID-19 loans

A survey carried out by the Federation of Tourism Companies of Chile (Fedetur) revealed that 70% of firms in the sector have taken advantage of the law to protect employment while 53% applied for the COVID-19 loans. Regarding layoffs, companies said: 53% hadn’t dismissed people, 4% had made a complete reduction and 11% had fired half or more of their workers.

Source: EMOL