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…
GoAir, India’s low fare carrier, turns the first airline in the country to ask its employees to go on rotational leave without pay amid massive disruptions caused in the aviation industry due to coronavirus. “The sharp decline in air travel that we are currently experiencing is unprecedented,” the airline said. GoAir has started a “rotational…
As the world is battling with the novel coronavirus, the education system has come to a halt. Due to the pandemic, which has now spread to about 161 countries, schools and educational institutions around the globe are forced to shut. The decision to close these places was taken by the health organizations to prevent the…
A Toronto-based firm, iotum, is offering a free upgrade of teleconferencing services to users in the world to help them cope with the disruptions of Covid-19. “Social distancing is the new norm in human relations during the pandemic, but we have the ability to allow meetings to continue without people meeting face to face,” company…
Colliers Research highlighted the impact of COVID-19 across sectors that are mentioned below: Office Sector In 2020, Colliers Research forecasts 54.3 million sq feet (50.4 million sq meters) of gross absorption, and does not foresee any major impact on office demand due to COVID-19. However, some delayed decision making by occupiers who depend on clearances…