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Effect of The Pandemic On Businesses
Effect of The Pandemic On Businesses
to suffer.
What are some consequences of the pandemic on businesses? How can
they be mitigated=alleviated=reduced?
The most prominent effect of the pandemic on businesses is a lack of skilled
workers in enterprises. Without customer demands for products makes a
decrease in profit which leads to businesses laying off more employees. For
example, the Covid-19 situation worsens in Vietnam, local businesses operating in
the service, construction, food processing and textile industries, would be
affected, leading to around 160,000-180,000 labourers layoffs.