News type
Date end
News memo
In the face of the Covid-19 crisis, the food production group Danone has announced the following four measures: 1° All employment contracts will be secured and the wages of its 100,000 employees worldwide will be guaranteed until 30 June. 2° Extensive cover (health, childcare, quarantine) is guaranteed for all employees worldwide. 3° There are plans to pay a specific bonus to all employees working on own site during the pandemic. 4° Financial support worth €250m to help “the 15,000 small businesses in our global ecosystem” (see text below). Other groups have set up solidarity funds, financed in part by cuts in the fixed and/or variable remuneration payable to directors and/or dividend payments.
"Covid-19 information
Our planet is faced with a pandemic that affects all of us. In this difficult context, every day, Danone's teams demonstrate exceptional commitment in all the countries where we are present and are united for the same cause: to protect our supply chain so that we can continue providing you with your daily food supply.
Our top priority is to ensure the safety of our 100,000 employees around the world as well as that of our partners.
Danone is taking radical measures to strengthen the resilience of our teams and our value chain :
All employment contracts secured and wages guaranteed for the 100,000 Danone employees worldwide until June 30.
Extensive coverage (health, childcare, quarantine) for all employees worldwide.
Specific bonus for all employees working on site during the pandemic.
Financial support of € 250M for the 15,000 small businesses in our global ecosystem (farmers, suppliers, service providers), financed by Danone's cash flow."
Source Info
News date