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HGK poll: Coronavirus has hit tourism and hospitality the hardest so far

first_imgPhoto: Pixabay The HGK survey showed that two thirds (66%) of Croatian companies already feel the negative consequences of the coronavirus situation in their business, and more than half of them (53%) stated that their turnover has dropped. Source: HGK When asked what specific types of problems bother them, most companies (30%) reported difficulties in concluding new jobs, completing contracted jobs (29%) and performing existing jobs (28%). The most affected are travel agencies and companies engaged in providing accommodation, preparing and serving food, and so far small and medium-sized companies feel a greater negative impact than large companies. Survey results You can take a look at the following connectors. As far as expectations for the future are concerned, the most pessimistic are travel agencies that expect the strongest consequences for long-term business. As many as 92% of them state that they expect strong and medium negative consequences on long-term business, 62% on short-term. center_img They are followed by companies from the activity of providing accommodation, food preparation and serving (hotels, resorts, camps, other accommodation, restaurants, catering, cafes), among which 76% expect a long-term and 71% short-term strong and medium negative impact on business. Side dish: Travel agencies (69%), accommodation, food preparation and serving (62%) and transport and storage (51%) have strong and medium consequences for the current business. Questionnaire – you can fill out business difficulties due to coronavirus on this one connectors In the first two days alone, more than 1000 companies participated in the Croatian Chamber of Commerce survey, and the Croatian Chamber of Commerce called on entrepreneurs to continue to report business problems. pages of the Chamber.last_img read more

Airbus to cut 15,000 jobs to survive coronavirus crisis

first_imgBritain’s Unite union called the measures “industrial vandalism.” France’s hard-left Force Ouvriere union and others said they would oppose mandatory cuts.There was immediate political pushback in France, where the government of President Emmanuel Macron this month announced a 15-billion-euro support package for aviation.”The number of job cuts announced by Airbus is excessive. We expect Airbus to fully use instruments put in place by the government to reduce job cuts,” a finance ministry source said.Airbus refused to exclude sackings, but said it would first seek voluntary departures, early retirements and other measures. It wants to start implementing cuts this autumn and complete them next summer – a brisk deadline for such plans in Europe.Chief Executive Guillaume Faury said the company had been left with no choice by the dire industry crisis.”It is the reality we have to face and we are trying to give a long-term perspective to Airbus,” he told reporters.Production outlookAirbus said in April it was reducing output by a third, but has raised that to 40% as it presses the case for job cuts. Sources say the discrepancy reflects different ways of measuring output on a weighted basis, rather than an immediate new cut.”We think we are rather stable now and there will be minor adjustments as we have in normal times,” Faury told Reuters.But he added, “minor changes can be bigger than seen in past because there is more volatility in the market.”Exceptional secrecy had surrounded the politically sensitive restructuring affecting jobs in Britain, France, Germany and Spain, the company’s key backers in a fierce contest with US rival Boeing for orders and industrial clout.About 37% of the 135,000-strong Airbus workforce is due to retire this decade, led by veterans of its best-selling A320.Boeing is cutting over 12,000 US jobs, including 6,770 involuntary layoffs, after the pandemic compounded woes caused by the 15-month-old grounding of its 737 MAX.Airbus’ programs chief said it was slowing a push into after-sales services while maintaining a strategy of diversifying into the high-margin area.Some industry sources say Airbus has all but abandoned a goal of more than doubling services revenue to $10 billion this decade and transferred some staff to other roles. “It’s going to be a mighty battle to save jobs,” said Francoise Vallin of the CFE-CGC union.Europe’s biggest aerospace group said it would cut 5,000 posts in France, 5,100 in Germany, 900 in Spain, 1,700 in the UK, and 1,300 elsewhere by mid-2021, for a core total of 14,000.The broader tally includes another 900 job cuts planned before the crisis at its Premium AEROTEC unit in Germany.On June 3, Reuters reported reduced jet output pointed to cuts of 14,000 full-time posts. Earlier on Tuesday, French union sources predicted 15,000 cuts in total. Airbus is cutting 15,000 jobs within a year, including 900 already earmarked in Germany, saying its future is at stake after the coronavirus outbreak paralyzed air travel.Airbus is moving swiftly to counter damage caused by a 40% slump in its 55-billion-euro ($61.8 billion) jet business following the pandemic, balancing belt-tightening against aid offered by European governments and future priorities.But it faces tough talks with governments as well as unions, which immediately pledged to fight compulsory redundancies. A 2008 restructuring triggered rare strikes and protests.center_img Topics :last_img read more

Agent shuts down Newcastle talk for Bale

first_img Loading… Agent of Real Madrid attacker, Gareth Bale, has ruled out a return to the Premier League. Real Madrid ace Gareth Bale has interest in the MLS Bale has been linked with Newcastle United ahead of their takeover by a Saudi-backed consortium. But agent Jonathan Barnett says: “As I’ve always said, he’s quite happy at Madrid. He has a very nice lifestyle, I don’t see why he wouldn’t see his career out in Madrid probably.Advertisement “It’s his life that he wants to lead. Financially he will want enough for the rest of his life and all his children and grandchildren. He’s won nearly everything in the world except the World Cup. read also:Bale misses Real Madrid training match “To come back and play [in the Premier League] would be a big thing but I don’t think he wants to do that at the moment as he’s quite happy to play at Real Madrid.” FacebookTwitterWhatsAppEmail分享 center_img Promoted ContentWho Earns More Than Ronaldo?5 Of The World’s Most Unique Theme ParksWho Is The Most Powerful Woman On Earth?Best & Worst Celebrity Endorsed Games Ever MadeInsane 3D Spraying Skills Turn In Incredible Street ArtThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreThe Best Cars Of All Time2020 Tattoo Trends: Here’s What You’ll See This YearWhy Go Veg? 7 Reasons To Do ThisCan Playing Too Many Video Games Hurt Your Body?Which Country Is The Most Romantic In The World?The Adorable Model For Simba In The Lion King Remakelast_img read more

UW tennis looks to continue roll

first_imgThe Wisconsin men’s tennis team will look to continue their recent string of success this weekend as they host 57th-ranked Purdue and defending NCAA runner-up Illinois. The Badgers have won six of their last eight matches, including a hard-fought 4-3 victory at 36th-ranked Penn State last Sunday.“That was a big win for us, and it gave us a lot of confidence,” sophomore Moritz Baumann said. “It was tough to play there, everyone fought hard, and we came back and won 4-3.”With the win, the Badgers improved to 10-7 overall and 2-1 in Big Ten play. UW enters this weekend’s matches ranked 48th in the country.“I think overall we’ve played a lot of close matches, and winning that last close match against Penn State really helped us,” head coach Greg Van Emburgh said. “The guys were really excited about that, and guys are just stepping up. I think our best tennis is yet to come, and I think everyone is excited about that, is looking forward to that.”First up for the Badgers on Saturday is Purdue. The Boilermakers enter the match with a 7-7 overall record, and are 1-1 in the Big Ten. Although Purdue comes in having lost its last three matches, the Badgers won’t be overlooking them.“Against Purdue, we have to focus and take care of business,” Baumann said. “Everyone needs to be ready to go and just give 100 percent.”Marek Michalicka, the Badgers’ No. 2 singles player, also expects a competitive match with Purdue.“They will be tough, too. It’s the Big Ten, and Big Ten matches are emotional,” Michalicka said. “I’m expecting it to be tough.”On Sunday, the Badgers will battle 12th-ranked Illinois. The Illini enter the match with a 9-5 record overall, including an unblemished 2-0 in Big Ten play. They have also won four of their last five matches. The Badgers are well aware that it will take a valiant effort to defeat Illinois.“They have a lot of good players. It’s going to be a tough match,” Baumann said. “However, anything is possible. We’ve been playing against top 20 teams and playing them very close. I think we can definitely do it. We have the players to do it.”Although the matches may be tough, the Badgers are hoping to use home court to their advantage. They enter play this weekend boasting an undefeated record at Nielsen Tennis Stadium.“Illinois is one of the best teams in the country,” Michalicka said. “But we’re playing at home, so hopefully people come and hopefully we’ll play tough and fight. We practice every day on these courts, so we’re used to the surface and everything here.”“I definitely think it’s an advantage,” Van Emburgh said. “I think the guys feel comfortable here playing at our place. When guys feel comfortable at home, sometimes they play a little bit better than they normally would.”As they have been in a number of close matches this year, the Badgers know how important it will be to win the doubles competition to gain an early advantage.“The doubles will be key to get that first point,” said Baumann.Winning in doubles will be no easy feat, as Illinois comes in with two doubles teams nationally ranked. Ryan Rowe and Billy Heiser are ranked 22nd in the nation, while the tandem of Brandon Davis and Ruben Gonzales is ranked 32nd.The Badgers are led by 49th-ranked Jeremy Sonkin and Luke Rassow-Kantor, as well as the duo of Baumann and Michalicka.Wisconsin used its time off this week to focus on the basics and to get a little rest, which it hopes will benefit the team this weekend.“The most important thing for us is keeping the guys fresh and healthy and letting them know the importance of every match,” Van Emburgh said. “It’s critical not to underestimate any match. It’s important that we take them one at a time. Saturday at noon versus Purdue is the most important thing for us to focus on right now. After that, hopefully we have some success there, and then we look into Sunday.”last_img read more