Originally Posted by
ZeroTT
Two issues are important: does travel return to “normal” and how fast does it do so
zoom need not replace business travel to cause chaos. If it ultimately takes 10% of (high margin) business travel and pushes the recovery out 12 months, that could tip a major into bankruptcy
I don't know it 10% reduction equals bankruptcy. It definitely means they will stop hiring and "right size". Whether not bringing in new hires in combination with retirements is enough to get to that proper size depends on which company we are talking about.