Coronacrisis

The Coronavirus epidemic has led to a disruption in jobs and business. Firms and companies are making less profit hence the need to scale down their cash outflows by laying off some staff.

With the Corona Virus pandemic, many economies have been left on their knees. Employees have not been spared either. People have lost their jobs, others have to bear with a pay cut, while others have seen a reduction in their job hours. Millions of residents in the United States are facing face serious financial crisis in the wake of this pandemic.