The coronavirus pandemic hit the global business tourism industry hard as the ability to travel was limited in order to reduce the spread of the virus. As a result, most business travel companies were forced to take action. According to a February 2021 study, 83 percent of respondents stated that their companies implemented layoffs. Meanwhile, 74 percent of the survey sample claimed that business travel firms furloughed employees. Respondents were employed by travel suppliers or travel management companies.
Has your travel company implemented layoffs, furloughs, or pay cuts due to the coronavirus (COVID-19) pandemic?
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GBTA. (February 18, 2021). Has your travel company implemented layoffs, furloughs, or pay cuts due to the coronavirus (COVID-19) pandemic? [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1194794/covid-19-impact-on-global-business-travel-companies/
GBTA. "Has your travel company implemented layoffs, furloughs, or pay cuts due to the coronavirus (COVID-19) pandemic?." Chart. February 18, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1194794/covid-19-impact-on-global-business-travel-companies/
GBTA. (2021). Has your travel company implemented layoffs, furloughs, or pay cuts due to the coronavirus (COVID-19) pandemic?. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1194794/covid-19-impact-on-global-business-travel-companies/
GBTA. "Has Your Travel Company Implemented Layoffs, Furloughs, or Pay Cuts Due to The Coronavirus (Covid-19) Pandemic?." Statista, Statista Inc., 18 Feb 2021, https://www.statista.com/statistics/1194794/covid-19-impact-on-global-business-travel-companies/
GBTA, Has your travel company implemented layoffs, furloughs, or pay cuts due to the coronavirus (COVID-19) pandemic? Statista, https://www.statista.com/statistics/1194794/covid-19-impact-on-global-business-travel-companies/ (last visited August 24, 2024)
Has your travel company implemented layoffs, furloughs, or pay cuts due to the coronavirus (COVID-19) pandemic? [Graph], GBTA, February 18, 2021. [Online]. Available: https://www.statista.com/statistics/1194794/covid-19-impact-on-global-business-travel-companies/