Woolworths stands down 8,000 workers: Here's what other companies are struggling heavily during the coronavirus outbreak

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Woolworths has stood down 8,000 workers following the government ban on pubs, clubs and hotels. 9News

The firm will also put is Endeavour Group demerger on ice after it had been given the go-ahead to restructure the $10 billion segment in December.

The announcements follow federal government orders on Monday to close many food and drink venues - where people gather - to close to prevent the spread of the coronavirus.Panic buying has led to a shortage of goods on supermarket shelves around Australia. Executive chairman Peter George said the Brumby's Bakery chain had strong sales over the past two weeks due to increasing demand.Crust and Pizza Capers had demand for home delivery, while Di Bella Coffee had growth in online sales and groceries.

Seven West said its rights payments for the Olympics would likely be deferred due to the revised scheduling. The decision to close stores in Australia and New Zealand follows the shuttering of those in Canada on March 20.Michael Hill has postponed its interim dividend payment of 1.5 cents per share for six months.It also cancelled an interim dividend payment of 2.1 cents per share.

 

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they should never had those businesses in the first place, leaching off the poor

Can't they be reallocated to stocking shelves and guarding toilet paper?

LesStonehouse Is that the same woolworths that was allegedly putting stood down Qantas employees to work?

LesStonehouse Why aren’t they reassigned to assist the supply chains?

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