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Coronavirus

Little financial impact from covid-19 for nearly a third of employees

Jenny Ruth
Thu, 23 Apr 2020

Jenny Ruth
Thu, 23 Apr 2020
While much of the focus on the economic devastation wrought by the coronavirus crisis has been on small- to medium-sized businesses, a survey of larger firms suggests about 61 percent are running normally, so nearly a third of employees have suffered little or no financial impact. Another survey of smaller businesses by the Auckland Business Chamber found 43 percent had been able to operate online, although 57 percent said they couldn't. Nearly 60 percent said they would be able to operate at between 50 percent and 100 percent capacity when...

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