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Zhoo

Joined: 8/14/98 Posts: 107453
Likes: 10108


Some of it you cant blame corporations though


United isn't going to have 100,000 pilots and 700 planes active if the market isn't there for the next two years. They will need to reduce their employees to match the market. l also expect that corporations are going to get used to the internet/zoom etc and not hire back employees.

For example, Macy's is going to furlough 90-100% of its workers now with the store shutdown. When things go back to normal, they may not go back and open up all the stores - lets say they only open 75% of their stores when we get over the virus - that automatically means 20-25% of their staff isn't coming back. Maybe their model changes if the website is doing well and they can hire some back and open more warehouses/distribution centers.....

(In response to this post by Faz d. Hoo)

Posted: 04/02/2020 at 11:00AM



+1

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Current Thread:
  I have never seen deflation in my lifetime -- HoonDog 04/02/2020 10:19AM
  Didn't know that. Thanks. ** -- HoonDog 04/02/2020 11:01AM
  Expect 20-25million ** -- Zhoo 04/02/2020 10:31AM
  Agree, April and May will be tougher -- hooman#1 04/02/2020 10:56AM
  Yes, let's hope we are well prepared for the next wave ** -- Yosemite Sam 04/02/2020 09:21AM

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