No Detrimental Long-Term Impact of Gig Worker Code: Eternal Engages with Government
Food delivery platform Eternal assures shareholders that the new social security code, effective Friday, will not negatively affect its long-term prospects. The company emphasizes its ongoing dialogue with the government regarding the operational implications of the Code on Social Security (CoSS). Eternal’s management believes that any financial impact from these regulations will not hinder the business’s sustainability. The consolidation of 29 outdated laws into four Labour Codes introduces clearer, more consistent labor regulations, benefiting both gig workers and platforms. Eternal remains committed to enhancing gig worker welfare while navigating this evolving framework.