Coronavirus epidemic has affected more than 100 countries and territories till now. In India, the number of coronavirus cases has plunged to 39 till now. Concerning the coronavirus outbreak, several IT companies, startups, offices have asked their employees to work from home or either closed the workplace for a few days.
Recently an employee of Paytm Gurgaon was tested positive for coronavirus. Therefore, the company had to take the necessary step to close down the office for two days. The government authority in Noida has instructed the companies, startups and other offices to take essential steps to stop the spreading of coronavirus.
These companies are also instructed to provide the travel history of their employees who have recently visited foreign countries like Italy, china, japan, Korea, Dubai etc. Anand Mahindra (CEO of Mahindra) promoted the work from home culture on twitter through his post.
The crisis will pass,but I think it’s making the world press a permanent ‘Reset’ button. 1) It’ll accelerate working from home 2) lead to more digital ‘virtual’ conferences 3) More video calls, less meetings.4) Less air travel, leading to a greener footprint. Anything else? https://t.co/ISb2wNJpiD
— anand mahindra (@anandmahindra) March 4, 2020
Other Indian companies like TCS, HCL, Wipro have instructed their employees to avoid unnecessary travel. HCL Technologies said that it had implemented disaster rescue plans in the affected countries.
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Microblogging website Twitter also announced work from home circular to its employees. Five thousand employees of twitter would get benefited by this circular and are compulsory for employees in China, South Korea and Japan. According to twitter, their motive is to stop the contamination of coronavirus. It has also restricted it, employees, for foreign trips and travels.
Moreover, Microsoft has allowed its employees either to attend office or work from home till 25th march, 2020. Furthermore, Apple has also asked its employees in California the same. Apple Park California has around 12,000 employees.
Economy Heavily Impacted Due To Coronavirus
Indian segments like automobile, pharmaceutical and electronics are facing supply disruption. The face to face industries is more prone to threat, and the global economy is hit hard. The GDP shock to India can be 0.4 to 0.5 per cent. Moreover, if we talk about stable economic countries like china, it has slowed down to 1.2% in January to March quarter.