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Companies Cite New Government Benefits in Cutting Workers

When Equinox had to start furloughing some employees at its chain of upscale fitness clubs, Executive Chairman Harvey Spevak had a surprising message to stakeholders.

“We believe most will be better off receiving government assistance during our closure,” he said in an email. The company said the majority of employees remain on its payroll.

Fortis partner Chris Lamb spoke with The Wall Street Journal about employment benefits. To read more from this article please follow the link located here.

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