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India’s Consumers Struggle To Overcome Virus Shutdown

PYMNTS

The shutdowns and fears of the virus caused India’s gross domestic product (GDP) to fall by around 20 percent in the quarter ending in June as opposed to last year. The shutdowns hit Indian women especially hard in the economic department, offsetting years of gains made for women in employment in the country.

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What To Make Of The Gradual Return Of The In-Office Workforce

PYMNTS

But the cable cars are still sitting still, and ridership on public transportation remains down by 90 percent because even given the option to return to their offices by the state, local tech and office workers aren’t exactly enthused to return. percent of workers have left home to return to the office nationally.

Returns 60
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Pandemic Brings Dark Days For Department Stores

PYMNTS

s Centre for Retail Research, 2,123 stores operated by 38 large and medium-sized retailers – which employed 49,200 staff – fell into administration in the first six months of this year. in general and Southern states in particular unable to control the spread of COVID-19 at this point, the scenario of yet another retail shutdown looms.

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Westgate Resorts: Why Faster Worker Pay Is Key To Reopening

PYMNTS

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. workers report earning less since the pandemic began, according to PYMNTS research. Businesses are reopening to a different reality than the one that existed just three months ago, however. It’s been estimated that close to half of the U.S.

Payroll 94
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ServiceNow CEO: Expect Business To Spend $7 Trillion To Shift To Digital

PYMNTS

workers adjust to working from home amid a nearly universal shutdown due to the coronavirus pandemic, one executive says more than $7 trillion will be invested over the next three years in the digital transformation of business operations, according to a CNBC report. ServiceNow has 11,000 employees working from home.

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Cooperman Supports COVID-19 Stimulus Bailouts

PYMNTS

That certainly jibes with PYMNTS’ latest research, in which more than half of some 700 U.S. small- and medium-sized businesses that we surveyed either don’t think they’ll survive coronavirus-related shutdowns or aren’t sure whether they will or not. You can read more of our findings here.).

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How Texas Restaurants Are Using A Safety Seal of Approval To Get Customers Back

PYMNTS

PYMNTS research shows that during the pandemic, dining habits have shifted, with 35.3 No surprise, after months of lockdown: We all want to get something to eat. And we’d like to be safe when we get something to eat. The great digital shift is in place, of course. percent reporting dining less at quick-service restaurants (QSRs) and 35.9