Retail will continue downward spiral with major job losses in 2021
HR Digest
JANUARY 3, 2021
The industries hit hardest by the pandemic induced lockdowns are retail, automobiles, hospitality, oil and airlines and travel. The Centre for Retail Research has estimated that up to 200,000 jobs in retail could vanish in 2021. of online retailing is likely to be hugely damaging for physical stores”, he added.
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