$150 billion HR software market could shrink due to coronavirus crisis - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

A Wall Street analyst says the $150 billion HR software market could face slower growth or 'outright shrinkage' as the coronavirus crisis leads to more unemployment

The market for human resrouces management software, which is worth $150 billion, is bound to face slower growth if not "outright shrinkage," a Wall Street analyst aid.

"The human capital management market stands to see either much slower growth or outright shrinkage if current trends persist, from fewer dollars spent on employment and more platforms to serve those dollars," Wald said.The market for software used for managing human resources and payroll is worth $150 billion. And it's poised for slower growth or even "outright shrinkage" as the coronavirus crisis sparks a downturn, said a Wall Street analyst.

That's about to change dramatically as the pandemic takes its toll on the economy and potentially leads to massive job cuts. HR software has become so competitive that "growth comes from taking/losing market share" as well as establishing deeper relationships with existing clients and more hiring.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Coronavirus pushes hotel industry to ask Trump for $150 billion in aidStaggered by the coronavirus outbreak, the lodging industry requested $150 billion in aid from the Trump administration today — as Marriott announced plans to furlough tens of thousands of workers. Why? How about helping with basic needs rent/ mortgage car payments bills.... more money to the rich sure Trump already gave all the money we have to these people!!! It’s OUR TURN! The American workers got squat from the GOPTaxScam while the corporations and the 1% made bank. Trump meeting with his fellow hotel buddies while waffling on helping US is totally in brand. TrumpTheLeech You mean the very industry donald is in business in. The very same businesses he funnels tens of millions of dollars to every month? Oh ok.. sure AmericaFirst CoronavirusPandemic
출처: latimes - 🏆 11. / 82 더 많은 것을 읽으십시오 »

Coronavirus pushes hotel industry to ask Trump for $150 billion in aidStaggered by the coronavirus outbreak, the lodging industry requested $150 billion in aid from the Trump administration today — as Marriott announced plans to furlough tens of thousands of workers. Why? How about helping with basic needs rent/ mortgage car payments bills.... more money to the rich sure Trump already gave all the money we have to these people!!! It’s OUR TURN! The American workers got squat from the GOPTaxScam while the corporations and the 1% made bank. Trump meeting with his fellow hotel buddies while waffling on helping US is totally in brand. TrumpTheLeech You mean the very industry donald is in business in. The very same businesses he funnels tens of millions of dollars to every month? Oh ok.. sure AmericaFirst CoronavirusPandemic
출처: latimes - 🏆 11. / 82 더 많은 것을 읽으십시오 »