Apr 5, 2020
11:00:05am
11:00:05am
I get the stress. I have hardly been sleeping.
I fully expect that EVERYONE will get funding. They need to bail this economy out.
Now the layoffs begin. There are lots of people that have never experienced recession - they have a 10% or 20% drop in revenue. My company essentially goes to zero. This is a fight for survival. In a year, we will have no business if this goes like I expect it to. We have to take every effort we can to survive. I feel sorry for businesses that are heavily leveraged. Tougher for them.
Now the layoffs begin. There are lots of people that have never experienced recession - they have a 10% or 20% drop in revenue. My company essentially goes to zero. This is a fight for survival. In a year, we will have no business if this goes like I expect it to. We have to take every effort we can to survive. I feel sorry for businesses that are heavily leveraged. Tougher for them.
Originally posted on Apr 5, 2020 at 11:00:05am
Message modified by Acorn on Apr 5, 2020 at 11:58:53am
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- Acorn
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