In a move to show solidarity with the ongoing crisis caused by the coronavirus epidemic around the world, Apollo Tyres has announced in a press statement that its leadership will take pay cuts. In its press statement, the company said: The Apollo Tyres Leadership Team has announced a voluntary reduction in pay due to the…
The coronavirus has impacted many businesses worldwide. The novel virus which originated in China has now spread to 160 countries while 180 positive cases and four deaths in India alone. Businesses have been forced to resort to cost-cutting measures and put a halt on expansions. Some are even asking the government to step in. A…
The global measurement and data analytics company Nielsen recently released a study on the homebody economy amid the COVID-19 pandemic. The study surveyed consumers during the epidemic, and analyzed the “homebody economy” to discover new consumption trends. Justin Sargent, president of Nielsen China, said: “The Chinese government rapidly responded to the epidemic by rolling out…
The impact on supply chains has been widespread with autos, electronics, capital goods, commodities and apparel sectors experiencing slowdown in sales and availability of parts in their supply chains, according to the latest research by Panjiva, the supply chain intelligence unit of S&P Global Market Intelligence. The report, which draws on over 50 research articles…
Domino’s, the largest pizza company in the world based on global retail sales, and its franchisees are working hard to serve local communities and provide reliable, hot pizza to everyone looking for a meal. Staffing is critical at times like this. Open store positions generally include delivery experts, pizza makers, customer service representatives, managers and…
The U.S. Food and Drug Administration continues to play a critical role in the multifaceted all-of-government response to the COVID-19 pandemic, which includes, among other things, facilitating medical countermeasures to treat and prevent the disease, and surveilling the medical product and food supply chains for potential shortages or disruptions and helping to mitigate such impacts,…
Razorpay, the leading full-stack financial solutions company, shared insights about the impact of the Coronavirus (Covid-19) outbreak on digital payments in India. The insights are based on transactions held on the company’s platform between February 2020 and now. Since December 2019 when Covid-19 originated in China’s Wuhan city and its severity started to spread across…
The novel coronavirus outbreak, which originated in the Wuhan City of China, has now become a global headache. So far, the pandemic has claimed more than 8,900 lives and infected more than 200,000 people in 160 countries. But it’s not just individuals who are infected with the virus, businesses have been facing tremendous losses. The…
After one of its employees tested positive for the novel coronavirus, IT major HCL Technologies have assured its other employees about their safety. According to a report by MoneyControl, the Noida-based company issued a circular to its employees informing about the happenings inside the company. As per the circular, which was accessed by MoneyControl, the…
Vohra Wound Physicians announced increased access to its longstanding telemedicine program in response to the CDC’s efforts to slow the spread of coronavirus (COVID-19) and Medicare’s move to waive restrictions on telemedicine provisions. At a time when older adults are vulnerable to the virus and access to care is limited due to the CDC’s COVID-19…
Calendly, the global leader in meeting scheduling software, is offering free integrations with Zoom and GoToMeeting through June 30th to help remote workers endure the public health crisis. Calendly will also be providing free premium plan access to researchers and teams helping to solve the COVID-19 crisis. As many meetings are being moved, scheduled, and…
Coronavirus is impacting the world economy at a much faster pace than imagined, forcing businesses to shut down, layoffs, forcing employees to take leave without pay and the so-called lucky ones are given work from home. In order to contain the spread of coronavirus, the government of India is adopting measures to promote social distancing.…
HR Acuity, the only technology platform specifically built for employee relations and investigations management, announced that it would provide a free version of its SaaS solution to help businesses manage employee issues related to the Coronavirus (COVID-19) outbreak. The limited edition provides employee documentation and tracking functionality that will equip businesses to monitor the people…
A4A President and CEO Nicholas E. Calio issued the following statement: We commend President Trump’s unwavering commitment to protecting the health and well-being of the American people and appreciate his efforts to support the U.S. airline industry. The President, Vice President, Secretary Mnuchin and Secretary Chao have expressed a deep understanding of the devastating economic…
General Motors Co. confirmed it will begin a systematic orderly suspension of manufacturing operations in North America due to market conditions, to deep clean facilities and continue to protect people. The suspension will last until at least March 30. Production status will be reevaluated week-to-week after that. “GM and the UAW have always put the…