COVID-19 & Unemployment

The COVID-19 pandemic has mostly shut down the fashion industry, causing a shockwave of record unemployment in roles up and down the supply chain. From independent brands to mega-retailers, companies of all sizes have been forced to lay off, furlough, and fire staff in staggering numbers - and it's only the beginning.  So while the the economic impact grows more grave each day, out-of-workers are left to ponder the sudden disruption of their income, and the still-employed are wondering for how much longer. In this episode, we discuss the different approaches brands are taking to cutting staff and COVID-19's colossus impact on industry unemployment.

 

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