Source | bangaloremirror.indiatimes.com | Vivek Kaul
Consider this. Many businesses, malls, cinemas, automobile companies, hotels, airlines, electronics and other retailers, publishing companies and bookstores, real estate companies, online platforms and even restaurants, are going to earn zero sales revenue during April.
How are such companies likely to deal with this scenario? Among other things, by initiating salary cuts, postponing the date of joining of new hires, postponing fresh hires and finally, by firing employees.