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THE EFFECTS OF CORONA VIRUS ON GLOBAL INDUSTRIES:
I wanna start this off on a positive note and highlight the industries that will be affected positively by Covid-19. The biggest winners will be online companies who do not rely on a fixed or brick and mortar location to operate- https://twitter.com/hghforhours/status/1252680012416901120
I wanna start this off on a positive note and highlight the industries that will be affected positively by Covid-19. The biggest winners will be online companies who do not rely on a fixed or brick and mortar location to operate- https://twitter.com/hghforhours/status/1252680012416901120
healthcare providers, supermarket chains with an online presence, pharmeceuticals and technology companies and services.
The education system is gonna see a huge change as many institutions and schools are implementing online learning and many are seeing it as a more profitable-
The education system is gonna see a huge change as many institutions and schools are implementing online learning and many are seeing it as a more profitable-
solution as it relieves them of plenty expenses. This will either see them retrench lecturers/teachers or implement a new and avanced way of learning which will encourage learners to learn new digital skills. But I fear that in the near future, learning will move online and-
teaching may be a degree that will lose demand.
Jobs that are considered "skilled labour" will be in danger and will see companies retrench a large amount of employees as they will not be financially capable to maintain them. Many companies in retail will be forced to go-
Jobs that are considered "skilled labour" will be in danger and will see companies retrench a large amount of employees as they will not be financially capable to maintain them. Many companies in retail will be forced to go-
and we will see a reduction in physical stores, and that is a threat for jobs that required to run one.
The hotel, travel, airline, sporting events, concerts and resurant sectors will be hugely affected going forward. The suppliers and manufacturers in these industries will be-
The hotel, travel, airline, sporting events, concerts and resurant sectors will be hugely affected going forward. The suppliers and manufacturers in these industries will be-
affected as well. Many companies will have to downsize on their employees and others may not financially survive.
The real estate industry is also one that will be affected as owners are will be reluctant to sell or rent to clients who are carriers of the virus and vice versa.
The real estate industry is also one that will be affected as owners are will be reluctant to sell or rent to clients who are carriers of the virus and vice versa.
Many companies will terminate their expensive leases for people who's jobs allow them to work from home as that is the current situation.
Any profession that requires physical contact will be in danger as that will be something we will all be weary of going forward.
Any profession that requires physical contact will be in danger as that will be something we will all be weary of going forward.
This thread is based off of research and projections made by experts and not based on my own assumptions.
