More than half of small and medium-sized businesses that shut down say they won't rehire same workers, according to a survey compiled by Facebook.
The report indicates that economic recovery could still be a long slog after businesses are allowed to reopen.Eduardo Munoz | VIEW press | Getty Images According to the report, only 45% of owners and managers of small and medium-sized businesses surveyed by Facebook said they would rehire the same workers they were forced to let go or furlough once they reopen. If that estimate holds true for similar businesses across the country, it could devastate predictions of a swift economic recovery from the crisis.
Of course they won't. This is an ideal time to purge bad employees! Those few people that think just showing up is sufficient. Or those that complain about everything and are in general unproductive. Or those who say, 'that's not my job' too often . . .
Don’t hate. It’s an opportunity to rebuild stronger.
I've had biz owners tell me some employees won't come back b/c they are making more staying home. Prev stimulus passed needs to be fixed B4 new stimulus even considered.
PPP or other bailouts will not help firms survive
chance to purge and restart
True n small businesses might be closed for good. Why this fake market. Is so disconnected to Main Street jimcramer Why not report this. Reality.
Well if Facebook said it then omg is must be true.....
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