European Union to support laid-off Walloon supermarket workers

The European Commission has proposed a financial support package of 2.7 million euros aimed at assisting 365 workers who were laid off from the Walloon supermarket chains Match and Smatch. This initiative comes in response to a request from the Walloon Region, which sought aid from the European Globalisation Fund following significant financial difficulties faced by these supermarket chains. Last year, the chains sold off part of their stores in Belgium, leading to layoffs at the unsold locations and their headquarters. The laid-off employees predominantly consist of low-skilled workers, many of whom are aged 50 and older. This demographic typically encounters greater challenges in securing new employment within the Walloon labor market. The European funding is intended to cover 85 percent of the costs associated with the measures proposed by the Walloon government to support these individuals in their job search. The financial assistance will be utilized for various purposes, including providing job search advice, assistance, and offering training or retraining programs to enhance the employability of the affected workers. The proposal for this funding is currently pending approval from both the member states and the European Parliament, which is a necessary step before the funds can be allocated. This initiative reflects the European Union's commitment to supporting workers affected by economic changes and globalization, particularly in regions facing significant employment challenges. The outcome of this proposal will be crucial for the affected workers as they navigate the transition to new employment opportunities.