How safe is your industry during this Crisis

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Luckycharmer
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How safe is your industry during this Crisis

Post by Luckycharmer »

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.
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happyhooker
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Re: How safe is your industry during this Crisis

Post by happyhooker »

Most of my work is for the hospitality trade.

I'm farked for a while.
tc27
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Re: How safe is your industry during this Crisis

Post by tc27 »

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.
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Theflier
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Re: How safe is your industry during this Crisis

Post by Theflier »

Insurance

Business is huge, will collapse in days or weeks
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Luckycharmer
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Re: How safe is your industry during this Crisis

Post by Luckycharmer »

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?
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blindcider
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Re: How safe is your industry during this Crisis

Post by blindcider »

Aerospace - impact similar to post Sept-11 I am expecting.
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Gazzamonster
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Re: How safe is your industry during this Crisis

Post by Gazzamonster »

Oil & Gas......holding pattern but not looking great.
Traveller
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Re: How safe is your industry during this Crisis

Post by Traveller »

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!
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normilet
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Re: How safe is your industry during this Crisis

Post by normilet »

Pharma - pretty solid.
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Keith
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Re: How safe is your industry during this Crisis

Post by Keith »

I'm a pilot/director of a small aviation company. Or was. I'm f**ked.
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Tony Blair's Therapist
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Re: How safe is your industry during this Crisis

Post by Tony Blair's Therapist »

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
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Re: How safe is your industry during this Crisis

Post by Heymans »

I work in sports events. Its a good thing Im depressed already. :lol:
Brazil
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Re: How safe is your industry during this Crisis

Post by Brazil »

Shipping, so fundamentally resilient but there are going to be an awful lot of casualties across the industry.
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Wyndham Upalot
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Re: How safe is your industry during this Crisis

Post by Wyndham Upalot »

Defence sales - plateaued
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JM2K6
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Re: How safe is your industry during this Crisis

Post by JM2K6 »

Internet reliability related, so pretty strong, if my CEO hasn't killed us all before then
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Frodder
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Re: How safe is your industry during this Crisis

Post by Frodder »

I (used to) work in corporate events and exhibitions. I think you can work the rest out from here
Brazil
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Re: How safe is your industry during this Crisis

Post by Brazil »

Wyndham Upalot wrote:Defence sales - plateaued
Yeah, but once everyone emerges from the bunkers they'll be really pissed off.
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YOYO
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Re: How safe is your industry during this Crisis

Post by YOYO »

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.
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Short Man Syndrome
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Re: How safe is your industry during this Crisis

Post by Short Man Syndrome »

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.
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Raggs
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Re: How safe is your industry during this Crisis

Post by Raggs »

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.
Last edited by Raggs on Thu Mar 19, 2020 5:09 pm, edited 2 times in total.
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HighKingLeinster
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Re: How safe is your industry during this Crisis

Post by HighKingLeinster »

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.
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Witchfinder General
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Re: How safe is your industry during this Crisis

Post by Witchfinder General »

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
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Wyndham Upalot
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Re: How safe is your industry during this Crisis

Post by Wyndham Upalot »

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
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Re: How safe is your industry during this Crisis

Post by sockwithaticket »

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.
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Theflier
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Re: How safe is your industry during this Crisis

Post by Theflier »

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
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nardol
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Re: How safe is your industry during this Crisis

Post by nardol »

Banking. The state will bail us out if it goes belly up so sorted.
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Margin_Walker
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Re: How safe is your industry during this Crisis

Post by Margin_Walker »

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.
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Double
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Re: How safe is your industry during this Crisis

Post by Double »

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.
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SaintK
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Re: How safe is your industry during this Crisis

Post by SaintK »

Thank christ I'm retired.
Just my kids to worry about
Good luck to all of you
johnstrac
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Re: How safe is your industry during this Crisis

Post by johnstrac »

Poultry industry (ducks) it can't be good.
Was on the verge of retirement till the markets tanked.
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Sards
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Re: How safe is your industry during this Crisis

Post by Sards »

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.
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Azlan Roar
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Re: How safe is your industry during this Crisis

Post by Azlan Roar »

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

My annual bonus is looking safe.
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Winnie
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Re: How safe is your industry during this Crisis

Post by Winnie »

IT and HR Systems
Our CEO remains bullish but we need to depend on our customer base not going tits up
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SaintK
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Re: How safe is your industry during this Crisis

Post by SaintK »

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

My annual bonus is looking safe.
:lol:
You got a spare stash of Andrex
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Stevus55
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Re: How safe is your industry during this Crisis

Post by Stevus55 »

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
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Property
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Re: How safe is your industry during this Crisis

Post by Property »

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
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Re: How safe is your industry during this Crisis

Post by bimboman »

Warehousing and logistics. Looking ok.

Other sources if income buggered,
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Azlan Roar
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Re: How safe is your industry during this Crisis

Post by Azlan Roar »

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

My annual bonus is looking safe.
:lol:
You got a spare stash of Andrex
Image

and the rest ;)
Salix
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Re: How safe is your industry during this Crisis

Post by Salix »

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!
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SaintK
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Re: How safe is your industry during this Crisis

Post by SaintK »

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

My annual bonus is looking safe.
:lol:
You got a spare stash of Andrex
Image

and the rest ;)
:thumbup: :lol:
My first sales job in the 70's was for Bowater Scott................Andrex has always been my preferred bog roll ever since
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