Friday, March 6, 2020

Coronavirus effect on job market:

Coronavirus effect on job market: 

1. If you have not seen it already, expect slower hiring cycles as companies "grip" with the realities of slowed growth and product / service demand. 

 2. Expect layoffs with companies whose products and services are directly affected by imports of raw materials and finished products. 

3. Anticipate that start-ups will have to find a way to lengthen their "burn rates" until the virus is controlled and normal business resumes. 

4. Should companies be forced to have staff work from home, this will result in a hiring freeze. After all, hard to onboard remote workers. resumeservices jobsearchadvice

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