Countering Layoffs, Lessons From The First Week Of The CARES Act

(This is the fourth in a series on the impacts of the coronavirus on employment and the workplace. Read part onepart two and part three.)

Government and private sector businesses are moving so rapidly during the first week of the $2 trillion CARES Act, that we can already draw some lessons going forward. This is so especially for the $349 billion Paycheck Protection Program (PPP), the main vehicle rushing funds to small businesses to stem additional layoffs and permanent business closures.

To read the full text of this article by Duane Morris attorney Michael Bernick, with comments from  Nanette Heide and Sandra Stoneman, please visit the firm website.