How Germany Works: KURZARBEIT – Furlough Program
Kurzarbeit (literal translation: ‘short work’) is Germany’s furlough program.
The furlough program sees the German government take over a large proportion of the salaries of employees whose services are temporarily not needed in times of economic or health emergencies. The idea is to save jobs and preserve workforces so that companies can hit the ground running when the period of disruption is over. More than half of all large German companies say it has helped them during the Covid-19 pandemic.
Estimated additional fiscal burden from the German government extending the Kurzarbeit program for employees from 12 to 24 months.