Remove Global Hiring Remove Jobbing Remove Reduced Costs
article thumbnail

Learning from the Great Recession: Two Strategies That Can Help Businesses Rise Above COVID-19

Velocity Global

million jobs were lost during the Great Recession, 20 million jobs were lost in the first nine weeks of the current recession. Additionally, when the pandemic passes, companies that have expanded into new international markets have an advantage over competitors with limited global reach. Consider the following: While 8.6