Majority of business leaders expect a hit from coronavirus, survey finds. Here's how they're fighting it

CEOs across the globe are coming to terms with the reality that business will be anything but normal over the coming months as the impact of the coronavirus pandemic continues to escalate.

Of note, the study, which surveyed more than 2,750 CEOs across 110 countries, was conducted from March 10-13, 2020, just ahead of sweeping new measures aimed at curtailing the outbreak. Since then,and governments across the globe have imposed strict closures of bars, restaurants and other non-essential businesses.

That landscape, however, will likely have changed since then, as the severity of the outbreak intensifies. YPO member and executive chairman of-based healthcare business Novena Global Lifecare, Nelson Loh told CNBC's "Street Signs" on Tuesday that business sentiment is cautious and global job cuts would be inevitable.

Nevertheless, business leaders across the board said they're taking new measures curb the impact of the virus. That includes communicating more regularly with employees , adopting new health and safety procedures , cancelling major events and halting business travel .

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook, other tech platforms join to fight COVID-19 misinformation - Business InsiderFacebook and other social media companies are joining with health agencies to combat fraud and elevate accurate information about the coronavirus. People ought to call out obvious BS. Chinese bots are all over anti China AP articles. Step 1 ) shutdown trump family accounts IDGAF about misinformation -- I want to see them working together to find tangible + implementable solutions to produce more testing kits, ventilators, respirators, hand-sanitizers + surgical masks ASAP
Source: BusinessInsider - 🏆 729. / 51 Read more »