@@pinakiranjansen5988 indeed, and more so as consequences of such events in 1 country has cascading effects on entire supply chains in multiple countries!
As the European economy continues to evolve, people are worried that job security will soon become a thing of the past . The erosion of job security will have a profound impact on workers' mental and physical health ,as the stess and uncertainty of not knowing whether they will have a job from one day to the next takes its toll .
@@ShamitaSen very true! Particularly for a region that has been known for secure jobs and protection, this will require a huge shift in mindset and stress levels!
The issue of mass layoffs in Europe is a complex one , with far reaching consequences for individuals , communities and the economy as a whole
@@pinakiranjansen5988 indeed, and more so as consequences of such events in 1 country has cascading effects on entire supply chains in multiple countries!
As the European economy continues to evolve, people are worried that job security will soon become a thing of the past . The erosion of job security will have a profound impact on workers' mental and physical health ,as the stess and uncertainty of not knowing whether they will have a job from one day to the next takes its toll .
@@ShamitaSen very true! Particularly for a region that has been known for secure jobs and protection, this will require a huge shift in mindset and stress levels!
Economic uncertainty and instability, such as the Covid - 19 pandemic, have also led to mass layoffs as companies struggle to stay afloat.
@@Supriya-u2o yes that is the reality, unfortunately!