Yet, 51% of respondents were confident that the overall market will recover in six months. Furthermore, all respondents have said that their organisations have put in place measures to counteract the impact of the virus outbreak.
SINGAPORE (Mar 12): Covid-19 has rocked business sentiments over the past couple of months and sent the global economy into turmoil. But businesses in China are optimistic about a turnaround, if the latest survey by Korn Ferry is to be believed.
Out of 300 human resource (HR) leaders in China that were surveyed, some 90% believe that the pandemic will negatively impact both business and revenue figures.
