How safe is your industry during this Crisis

Luckycharmer · Post by **Luckycharmer** » Thu Mar 19, 2020 4:22 pm

Hearing some awful stories out there. My wife worked in a creche for last 16 years just left for private childminding (so ok for moment). They have all been let go. Heard 120 people let go from Obama plaza. A friend of mine owns 2 gyms which he has to close and not sure when can reopen, he has some big DDs due which he will struggle to meet. Anyone self employed/ involved in Tourism is under severe pressure.
This is going to cause a Worldwide recession, really hope everyone is here can get through it.

happyhooker · Post by **happyhooker** » Thu Mar 19, 2020 4:23 pm

Most of my work is for the hospitality trade.

I'm farked for a while.

tc27 · Post by **tc27** » Thu Mar 19, 2020 4:27 pm

No idea...bullish message from the owner yesterday but also sacked all the people still on probationary periods.

Doubt we will the same headcount at the end of this.

Alot of our work is suppressing dead people from marketing DBs so might be boom times at the other end of this.

Theflier · Post by **Theflier** » Thu Mar 19, 2020 4:28 pm

Insurance

Business is huge, will collapse in days or weeks

Luckycharmer · Post by **Luckycharmer** » Thu Mar 19, 2020 4:29 pm

Theflier wrote:Insurance

Business is huge, will collapse in days or weeks

Would this be covered by insurance or is it considered an act of god?

blindcider · Post by **blindcider** » Thu Mar 19, 2020 4:30 pm

Aerospace - impact similar to post Sept-11 I am expecting.

Gazzamonster · Post by **Gazzamonster** » Thu Mar 19, 2020 4:46 pm

Oil & Gas......holding pattern but not looking great.

Traveller · Post by **Traveller** » Thu Mar 19, 2020 4:46 pm

A lot of our income depends on events like Glastonbury, Euro 2020. One of our biggest jobs this year is the Olympics in Tokyo

It's not looking good!

normilet · Post by **normilet** » Thu Mar 19, 2020 4:47 pm

Pharma - pretty solid.

Keith · Post by **Keith** » Thu Mar 19, 2020 4:55 pm

I'm a pilot/director of a small aviation company. Or was. I'm f**ked.

Tony Blair's Therapist · Thu Mar 19, 2020 4:55 pm

Wine biz. Absolutely farked. I just started working on behalf of a new winery to open up new distribution channels, and clients I'm calling are literally laughing at me for offering new products right now. So I'm not expecting my 6-month contract which ends in June to be renewed. At which point I will be in the sh*t.

Heymans · Post by **Heymans** » Thu Mar 19, 2020 4:57 pm

I work in sports events. Its a good thing Im depressed already.

Brazil · Post by **Brazil** » Thu Mar 19, 2020 4:59 pm

Shipping, so fundamentally resilient but there are going to be an awful lot of casualties across the industry.

Wyndham Upalot · Post by **Wyndham Upalot** » Thu Mar 19, 2020 5:01 pm

Defence sales - plateaued

JM2K6 · Post by **JM2K6** » Thu Mar 19, 2020 5:05 pm

Internet reliability related, so pretty strong, if my CEO hasn't killed us all before then

Frodder · Post by **Frodder** » Thu Mar 19, 2020 5:06 pm

I (used to) work in corporate events and exhibitions. I think you can work the rest out from here

Brazil · Post by **Brazil** » Thu Mar 19, 2020 5:06 pm

Wyndham Upalot wrote:Defence sales - plateaued

Yeah, but once everyone emerges from the bunkers they'll be really pissed off.

YOYO · Post by **YOYO** » Thu Mar 19, 2020 5:07 pm

JM2K6 wrote:Internet reliability related, so pretty strong, if my CEO hasn't killed us all before then

I didn’t know David Brent got a promotion.

Short Man Syndrome · Post by **Short Man Syndrome** » Thu Mar 19, 2020 5:08 pm

Cruise industry - not expecting any work from them for a while. Also, average age of cruisers fits neatly into ‘most at risk from Covid’ so if millions do die, should have big impact on the industry as a whole. Poor old Branson, had just launched his first cruise ship...

Glad the irregular and unreliable nature of my work led me to get my TEFL certificate and I can still earn some money teaching Ingrish to Asians.

Raggs · Post by **Raggs** » Thu Mar 19, 2020 5:08 pm

Online advertising. Slow patch to my eyes atm, but I'd guess as more and more areas adapt and move online, it'll be solid. It was fairly shaky before though, so solid may not mean much. It's almost impossible to survive in the face of Google.

Wife and mother (semi retired) both work in healthcare/nhs though, so whilst my income is the major one, even if it's lost, we're probably looking at being better off than many.

HighKingLeinster · Post by **HighKingLeinster** » Thu Mar 19, 2020 5:09 pm

IT Sales

Hard to measure as some customer segments will be farked, others will take a hit in the short/medium term and others should be fine.

Witchfinder General · Post by **Witchfinder General** » Thu Mar 19, 2020 5:10 pm

I work for a global vehicle lease and fleet management company on the IT side, things will slow as fleet renewals get pushed out but its survivable due to the cyclical nature of the business

Wyndham Upalot · Post by **Wyndham Upalot** » Thu Mar 19, 2020 5:10 pm

Brazil wrote:
Wyndham Upalot wrote:Defence sales - plateaued
Yeah, but once everyone emerges from the bunkers they'll be really pissed off.

Yup. People sadly, are always up for a scrap.

sockwithaticket · Post by **sockwithaticket** » Thu Mar 19, 2020 5:14 pm

Exam board. Thankfully I'm not currently in ops, but seconded to a project for the incoming system that'll replace our tired old one. Should be pretty safe, may need me to muck in with my previous ops role in a few months time when the detail around no exams starts being hashed out.

Brother just got let go. He was 1 week away from completing his 6 month probation for a digital marking job.

Theflier · Post by **Theflier** » Thu Mar 19, 2020 5:16 pm

Luckycharmer wrote:
Theflier wrote:Insurance

Business is huge, will collapse in days or weeks
Would this be covered by insurance or is it considered an act of god?

Covered

nardol · Post by **nardol** » Thu Mar 19, 2020 5:20 pm

Banking. The state will bail us out if it goes belly up so sorted.

Margin_Walker · Post by **Margin_Walker** » Thu Mar 19, 2020 5:24 pm

Retail Banking.

Working on regulatory projects that actually feel less than critical this month. Suspect the PRA will relax deadlines and we'll pivot more to activities focused on keeping the lights on.

Double · Post by **Double** » Thu Mar 19, 2020 5:32 pm

IP. Would be fine if my biggest client wasn't a huge aerospace supplier. Anyone exposed to airlines is farked. Luckily it's pretty slow moving so we have enough work to pay the bills for a year or so.

Finding it hard to see who in the private sector isn't going to be affected in some way. Even the supermarkets will feel a recession this big eventually.

SaintK · Post by **SaintK** » Thu Mar 19, 2020 5:38 pm

Thank christ I'm retired.
Just my kids to worry about
Good luck to all of you

johnstrac · Post by **johnstrac** » Thu Mar 19, 2020 5:38 pm

Poultry industry (ducks) it can't be good.
Was on the verge of retirement till the markets tanked.

Sards · Post by **Sards** » Thu Mar 19, 2020 5:51 pm

Manufacturing...next month is the acid test...foresee going onto short time...hopefully it only lasts a few months. At least we will still retain skills we have developed.

Azlan Roar · Post by **Azlan Roar** » Thu Mar 19, 2020 5:51 pm

I'm EMEA VP of Sales for Kimberly-Clark.

My annual bonus is looking safe.

Winnie · Post by **Winnie** » Thu Mar 19, 2020 5:56 pm

IT and HR Systems
Our CEO remains bullish but we need to depend on our customer base not going tits up

SaintK · Post by **SaintK** » Thu Mar 19, 2020 5:57 pm

Azlan Roar wrote:I'm EMEA VP of Sales for Kimberly-Clark.

My annual bonus is looking safe.

You got a spare stash of Andrex

Stevus55 · Post by **Stevus55** » Thu Mar 19, 2020 5:57 pm

Logistics - market is pretty chaotic right now and I work for a relatively small player but should be able to weather it. Biggest roadblock I’ve run into so far is customers with nothing to ship as it’s all stuck in China

Property · Post by **Property** » Thu Mar 19, 2020 6:02 pm

I work in the solar industry for a large power generator and retailer.
Sales have slowed ,working from Home .
Can handle 3 months I reckon, small solar companies in NZ will be f**ked pretty quickly.

bimboman · Post by **bimboman** » Thu Mar 19, 2020 6:06 pm

Warehousing and logistics. Looking ok.

Other sources if income buggered,

Azlan Roar · Post by **Azlan Roar** » Thu Mar 19, 2020 6:06 pm

SaintK wrote:
Azlan Roar wrote:I'm EMEA VP of Sales for Kimberly-Clark.

My annual bonus is looking safe.

You got a spare stash of Andrex

and the rest

Salix · Post by **Salix** » Thu Mar 19, 2020 6:07 pm

Tree Surgeon. Gonna be tough. Although I spoke to a client today, who we manage some retirement homes for, he was asking are we okay to go onsite during this crisis!

SaintK · Post by **SaintK** » Thu Mar 19, 2020 6:14 pm

Azlan Roar wrote:
SaintK wrote:
Azlan Roar wrote:I'm EMEA VP of Sales for Kimberly-Clark.

My annual bonus is looking safe.

You got a spare stash of Andrex

and the rest

My first sales job in the 70's was for Bowater Scott................Andrex has always been my preferred bog roll ever since