Coronaviruses are a large family of viruses that are known to cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS) and Severe Acute Respiratory Syndrome (SARS).
A novel coronavirus (COVID-19) was identified in 2019 in Wuhan, China. This is a new coronavirus that has not been previously identified in humans.
Source: Who.int
The posts in this section are related to the news and updates on corporate action, employer actions, and related developments in the economy due to the epidemic.
Effective March 20, 2020 at 6 p.m. EST, Hard Rock International will temporarily close all company-owned Hard Rock Cafe locations internationally, and select Hard Rock Hotel and Hard Rock Hotel and Casino locations in the U.S. and abroad. The safety and security of guests, team members and their families is, and has always been, Hard…
The Boeing Company announced several decisions to support the company as it navigates through the COVID-19 pandemic while ensuring the company is positioned for the industry’s recovery. Decisions include: CEO Dave Calhoun and Board Chairman Larry Kellner will forgo all pay until the end of the year. The company will suspend its dividend until further…
Time is right for the world to stand together and combat the perils of unprecedented crisis of COVID-19 pandemic. Bringing the nation together in the fight against the Coronavirus, Hon’ble Prime Minister Narendra Modi in his nation address announced proactive measures for India to stay ahead of the curve in fighting the crisis. Given that…
Responding to the COVID-19 pandemic, Cigna announced several actions to support and protect its colleagues in the United States so they can continue serving the company’s more than 170 million customer relationship worldwide. “Our talented teammates are working relentlessly to protect and serve our customers, clients, partners and communities during this critical time of need,”…
A shift in production by Bacardi at the world’s largest premium rum distillery is helping supply ethanol required to produce the much-needed hand sanitizers that are in high demand as a result of COVID-19. The Bacardi Corporation distillery in Cataño, Puerto Rico, where more than 80% of the company’s rums are produced, has partnered with…
PepsiCo, Inc. announced it will provide enhanced benefits to all U.S.-based employees and additional compensation to U.S. frontline employees – the women and men who make, move and sell products – amidst the novel coronavirus (COVID-19) pandemic. The additional compensation covers more than 90,000 frontline employees at both PepsiCo Beverages North America (PBNA) and PepsiCo…
The concept of working remotely has been around for quite some time now. Many employees or freelancers don’t endorse the habit of making it to the office every day. But since the novel coronavirus outbreak, even the people who would daily report to the office are working from their homes. The virus, which originated in…
“All private, Corporates, and establishments to be completely shut down.” – Brihanmumbai Municipal Corporation (BMC) , 20th March 2020All offices in Mumbai will be closed till March 31st. The announcement was made by Chief Minister Maharashtra, Uddhav Thakeray earlier today. The announcement said that only essential services will operate in Mumbai, Pune, Pimpri Chinchwad and…
In the wake of the on-going coronavirus (COVID-19) outbreak, Aster DM Healthcare and Aster Volunteers have launched a 24/7 COVID-19 Support Centre for people from across India. The tele-triage (assessment of the condition and appropriate guidance for treatment) service will be free for everyone across India who are seeking medical help if they suspect they…
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 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…