Health
$2.5bn blow: Businesses count brutal cost of COVID – Queensland Times
A whopping $2.5 billion has been wiped from the bottom lines of ten of Queensland’s highest-profile businesses, forcing them to sack thousands of workers.
COVID-19 has slashed $2.5 billion from the balance sheets of 10 of Queensland’s biggest companies forcing them to sack thousands of workers, close offices and cut salaries as they scramble to keep the doors open.
Flight Centre, Michael Hill Jewellers, Eagers Automotive, Star Entertainment and G8 Education are reporting some of the toughest trading conditions ever as the pandemic bites.
Hunter Green Institutional Investment director Charlie Green has warned of worse to come with companies that …
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