Norway has sanctioned the biggest ever non-war-time action(s) the country has ever seen. Government will start paying for every worker lay-offs after 48 hours (usually firms have to pay the worker for the first 15 days of lay-off before government takes over, paying 60% of full salary) where a lay-off can traditionally last 26 weeks before being let go or moving onto other options (Norway will pay anyone out of work a good portion of normal full-salary for a year and then a lower sum for the years beyond that). This in addition to several other big actions like lowering the tax, injecting billions into the health industry, air-industries, tourism etc., lots of prevention against firms going bankrupt and asking retired health-workers to return (where they will earn pay on top of their retirement payouts).
My parental company (energy, oil & gas industry) is basically shutting down everything starting today, putting hundreds of people in lay-off, and cutting off funding for our software development project using force majeure (usually we would have required a 90-day warning but the virus is not something they could have avoided hence they use force majeure). I was asked to keep the fort (support & maintenance) on the particular software project while ten of my colleagues are relocated.
www.wsj.com
twitter.com
en.wikipedia.org
www.nytimes.com
