Are there going to be layoffs in this COVID19 scenario?
What industries/companies do you guys think will be affected the most and what industries/companies will be affected the least?

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I.M.O. with all of these new WFH initiatives as well as teleMedicine being pushed out, we should definitely see an influx of IT positions to support the widespread adoption of these technologies and the risks they pose.

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Totally agree with this. If this keeps up a lot of companies will have to upgrade their backend infra. That impacts a lot of IT jobs. Also, restructuring etc.

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Definitely. Especially travel, leisure, entertainment.

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COVID19 is going to affect almost every industry, except those providing basic needs food, power, and supporting services. Our consulting gigs are already affected with current and threatened travel restrictions

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O&G is certainly going to have layoffs, but that is partly due to crude oil price tanking (thank you Saudi Arabia and Russia). For large companies like Shell, BP, and ExxonMobil, the 2020 budgets for project work are likely going to be delayed or cut which means contractors and consultants are not in a great position. For smaller companies in the exploration and production space or service companies, I imagine there will be layoffs and bankruptcies which will lower crude oil production and should make the Arabs and Russians happy.

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But this is not because of corona virus outbreak
Layoffs have already been happening for quite sometime for one reason or other that we all know of

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Definitely. Non-essential (which is all but regulatory / legal) will get postponed. Companies are already rescinding offer letters.

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What about Manufacturing industry?
Especially Automotive Industry

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If manufacturing is hampered (which is highly likely) any IT work supporting automobile industry is going to take a hit too in my opinion
Especially states like Michigan will be facing a layoff spree soon I believe even when the big automobile giants like GM had recently laid off many already

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