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Europe Is Subsidizing Millions of Paychecks. Companies Want to Keep It That Way, for Now.

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Europe’s strategy of placing tens of millions of workers on paid leave has so far succeeded in stemming the widespread job losses that have been seen in the U.S., but now governments across the continent are grappling with how to wean companies and workers off the support.

The programs were originally intended as a stopgap. European companies idled workers instead of firing them, using billions in state subsidies to cover their payrolls until they were ready to reopen for business. Now that governments have lifted their lockdowns,…

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