Business & Finance
Adecco expects employers to cut jobs as governments reduce COVID-19 aid
- The consequences are pretty clear...we expect a serious increase in restructurings and lay-offs," Dehaze told a virtual meeting of the World Economic Forum. "In some industries, massive lay-offs.
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ZURICH: Staffing company Adecco expects employers to implement massive job cuts as governments scale back COVID-19 support schemes, Chief Executive Alain Dehaze said on Thursday.
"The consequences are pretty clear...we expect a serious increase in restructurings and lay-offs," Dehaze told a virtual meeting of the World Economic Forum. "In some industries, massive lay-offs."