The latest weekly AVIXA COVID-19 Impact Survey (released Friday, June 12) notes there are several positive signs at present, with more companies operating at full capacity, project work slowly resuming, thawing communication between providers and customers, and hints that revenue prospects may be stabilizing, even while — short term — revenues are still declining.
But at the same time the industry is getting its feet under it, and as companies are starting to see a clearer picture of what’s ahead, more firms are taking difficult steps, including cutting staff and reducing salaries. In some respects, feedback indicates companies are getting a handle on demand and scaling to an appropriate level of operations.
Read the full report here.
