InCoax Networks AB has received Tillväxtverket's approval of grants for so called “short-term work”, which now have been implemented
InCoax Networks AB today announces that the company has received Tillväxtverket's approval of grants for so called “short-term work” (Sw. korttidsarbete), which now have been implemented.”As a result of the ongoing covid-19 pandemic, Tillväxtverket has approved InCoax Network's application for grants for short-term work. Based on this, individual agreements have been made with approximately 75% of the employees working two days a week up to 2020-08-05. The company is also continuing its work to identify additional cost savings in its operations, which will be implemented successively, but