The Working Experience
The Working Experience
John Brancaccio | Matt Kerr
368. Bankruptcies Thanks to Covid
36 minutes Posted Aug 19, 2020 at 5:18 pm.
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More than 3,600 companies have filed for bankruptcy in the first half of 2020 and this number will most certainly increase. While bankruptcy is not a death sentence for a company, it is not a good sign. Stock prices fall, people lose jobs etc. Many companies will have to restructure to survive; it is a culling of the herd.

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